A theory of hyperfinite processes: The complete removal of individual uncertainty via exact LLN (Q1300509)

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A theory of hyperfinite processes: The complete removal of individual uncertainty via exact LLN
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    A theory of hyperfinite processes: The complete removal of individual uncertainty via exact LLN (English)
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    10 May 2000
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    There is a measure-theoretic framework for the study of the ideal limit of a large number of random variables. Some relationships between the above subject and economic models are shown. A characterization of macroscopic stability is formalized by the law of large numbers via microscopic conditions involving the basic notions of conditional expectation, orthogonality, uncorrelatedness and independence as well as some unifying multiplicative properties of random variables.
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    individual risk
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    macroscopic stability
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    law of large numbers
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