The averaging principle
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Abstract: Typically, models with a heterogeneous property are considerably harder to analyze than the corresponding homogeneous models, in which the heterogeneous property is replaced with its average value. In this study we show that any outcome of a heterogeneous model that satisfies the two properties of emph{differentiability} and emph{interchangibility}, is equivalent to the outcome of the corresponding homogeneous model, where is the level of heterogeneity. We then use this emph{averaging principle} to obtain new results in queueing theory, game theory (auctions), and social networks (marketing).
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