Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957318 | Journal of Economic Theory | 2009 | 11 Pages |
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.
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Authors
Christopher P. Chambers, Federico Echenique,