Best summer vacation destinations for The resulting analyses lead to the development of sensitivity functions that depend on the system’s parameters. Comparative statics. Comparative statics is part of sensitivity analysis. It deals with comparative analysis of the behavior of key variables of equilibrium states of static system. It is thus a mathematical technique of employing static theory to analyze and compare the values and conditions of different equilibrium states when we impose changes on the parameters of the system. The objective is to investigate the distributive behavior of the key endogenous variables of the system from one static equilibrium to another, and derive conclusions and theorems without regard to transitional process between equilibria. Alongside the comparative statics is the concept of quasistatic changes, which is a limiting process that generates the locus of equilibrium states, which defines the path of a sensitivity function. Best summer vacation destinations 2016.
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