Thermodynamic limits of macroeconomic or financial models: One- and two-parameter Poisson–Dirichlet models
نویسندگان
چکیده
منابع مشابه
Thermodynamic Limits of Macroeconomic or Financial Models: One- and Two-Parameter Poisson-Dirichlet Models
This paper examines asymptotic behavior of two types of economic or financial models with many interacting heterogeneous agents. They are oneparameter Poisson-Dirichlet models, also called Ewens models, and its extension to two-parameter Poisson-Dirichlet models. The total number of clusters, and the components of partition vectors (the number of clusters of specified sizes), both suitably norm...
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ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 2008
ISSN: 0165-1889
DOI: 10.1016/j.jedc.2007.01.021