Cluster size distributions of economic agents of many types in a market (Q1584627)

From MaRDI portal
scientific article
Language Label Description Also known as
English
Cluster size distributions of economic agents of many types in a market
scientific article

    Statements

    Cluster size distributions of economic agents of many types in a market (English)
    0 references
    0 references
    14 August 2001
    0 references
    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).
    0 references
    0 references
    jump Markov process
    0 references
    Ewens distribution
    0 references
    partition vector
    0 references
    clustering
    0 references
    0 references