Unhedgeable shocks and statistical economic equilibrium
DOI10.1007/s00199-011-0663-1zbMath1282.91255OpenAlexW1968321179MaRDI QIDQ1941982
Publication date: 25 March 2013
Published in: Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s00199-011-0663-1
economic equilibriumWalrasian competitive equilibriumincome and wealth distributionstatistical economic equilibrium
Applications of statistics to economics (62P20) Applications of statistical and quantum mechanics to economics (econophysics) (91B80) Sums of independent random variables; random walks (60G50) Special types of economic equilibria (91B52) Special types of economic markets (including Cournot, Bertrand) (91B54) Applications of Brownian motions and diffusion theory (population genetics, absorption problems, etc.) (60J70)
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