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  • 标题:ON TESTABILITY OF COMPLEMENTARITY IN MODELS WITH MULTIPLE EQUILIBRIA
  • 本地全文:下载
  • 作者:Taisuke Otsu ; Yoshiyasu Rai
  • 期刊名称:Japanese Studies Programme Papers
  • 出版年度:2013
  • 出版社:Suntory Toyota International Centres for Economics and Related Disciplines
  • 摘要:This paper revisits testability of complementarity in economic models with multiple equilibria studied by Echenique and Komunjer (2009). We find that Echenique and Komunjer’s (2009) testable implications on extreme quantiles can be implied by a weaker version of their tail condition without complementarity, and on the other hand, a slightly stronger version of complementarity implies their testable implications without the tail condition.
  • 关键词:Complementarity; Testability; Quantile.
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