Editing Monotonic function (section)

=== Monotonic transformation ===

The term ''monotonic transformation'' (or ''monotone transformation'') may also cause confusion because it refers to a transformation by a strictly increasing function. This is the case in economics with respect to the ordinal properties of a [[utility function]] being preserved across a monotonic transform (see also [[monotone preferences]]).<ref>See the section on Cardinal Versus Ordinal Utility in {{harvtxt|Simon|Blume|1994}}.</ref> In this context, the term "monotonic transformation" refers to a positive monotonic transformation and is intended to distinguish it from a "negative monotonic transformation," which reverses the order of the numbers.<ref>{{cite book |last=Varian |first=Hal R. |title=Intermediate Microeconomics |edition=8th |year=2010 |publisher=W. W. Norton & Company |page=56 |isbn=9780393934243}}</ref>