Cluster size distributions of economic agents of many types in a market (Q1584627): Difference between revisions
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scientific article
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| English | Cluster size distributions of economic agents of many types in a market |
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Cluster size distributions of economic agents of many types in a market (English)
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14 August 2001
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In the paper, Ewens' and a few other distributions are considered as candidates for cluster size distributions of a large number of exchangeable economic agents interacting in a market. A partition vector is used as a state vector. The process of an agent's choice patterns is modelled as a discrete-state continuous time Markov process (called also jump Markov process).
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jump Markov process
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Ewens distribution
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partition vector
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clustering
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