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Comparative statics

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  1. the comparison of two different equilibrium states, before and after a change in some underlying exogenous parameter

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  2. a term from economics

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  3. In practical terms, comparative statics results are usually derived by studying a linear approximation to the system of equations that define the equilibrium, under the assumption that the equilibrium is stable

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  4. As a study of statics it compares two different unchanging points, after they have changed

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
  5. does not study the motion towards equilibrium, nor the process of the change itself

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 2, 2009
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