Reallocation of an infinitely divisible good

Reallocation of an infinitely divisible good

We consider the problem of reallocating the total initial endowments of an infinitely divisible commodity among agents with single-peaked preferences. With the uniform reallocation rule we propose a solution which satisfies many appealing properties, describing the effect of population and endowment variations on the outcome. The central properties which are studied in this context are populati...

Infinitely Divisible Matrices

Infinitely divisible cascades

Multiplicative processes and multifractals proved useful in various applications ranging from hydrodynamic turbulence to computer network traffic, to name but two. It was recently shown and explained how and why multifractal analysis could be interestingly and fruitfully placed in the more general framework of infinitely divisible cascades. The aim of this contribution is to design processes, c...

Log-infinitely divisible multifractal processes

We define a large class of multifractal random measures and processes with arbitrary loginfinitely divisible exact or asymptotic scaling law. These processes generalize within a unified framework both the recently defined log-normal Multifractal Random Walk processes (MRW) [33, 3] and the log-Poisson “product of cynlindrical pulses” [7]. Their construction involves some “continuous stochastic m...

Scale Invariant Infinitely Divisible Cascades

Multiplicative processes and multifractals proved useful in various applications ranging from hydrodynamic turbulence to computer network traffic. It was recently shown and explained how and why multifractal analysis could be fruitfully placed in the general framework of infinitely divisible cascades. The aim of this contribution is to design processes, called Infinitely Divisible Cascading (ID...