Thermodynamic limits of macroeconomic or financial models: one- and two-parameter Poisson-Dirichlet models

DOI10.1016/J.JEDC.2007.01.021zbMATH Open1181.91222OpenAlexW2145803218MaRDI QIDQ844567FDOQ844567

Masanao Aoki

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2007.01.021

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zbMATH Keywords

power lawsthermodynamic limitsMittag-Leffler distributionsnon-self-averaging phenomenaPoisson-Dirichlet distributions

Mathematics Subject Classification ID

Applications of statistical and quantum mechanics to economics (econophysics) (91B80) Statistical thermodynamics (82B30) Heterogeneous agent models (91B69)

Cites Work

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Cited In (6)

• Asymptotic results for the two-parameter Poisson-Dirichlet distribution
• SWITCHING RATES AND THE ASYMPTOTIC BEHAVIOR OF HERDING MODELS
• Innovation, growth and aggregate volatility from a Bayesian nonparametric perspective
• Nonparametric Bayesian topic modelling with the hierarchical Pitman-Yor processes
• Species Dynamics in the Two-Parameter Poisson-Dirichlet Diffusion Model
• Generalized Species Sampling Priors With Latent Beta Reinforcements

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