Article ID Journal Published Year Pages File Type
957318 Journal of Economic Theory 2009 11 Pages PDF
Abstract

We uncover the complete ordinal implications of supermodularity on finite lattices under the assumption of weak monotonicity. In this environment, we show that supermodularity is ordinally equivalent to the notion of quasisupermodularity introduced by Milgrom and Shannon. We conclude that supermodularity is a weak property, in the sense that many preferences have a supermodular representation.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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