functions. We prove existence of an invariant distribution for the equilibrium law of motion, and establish some convergence and …

. Next, we propose a method to compute the limit invariant distribution of the dynamic recontracting process. Furthermore, we … discuss how the limit invariant distribution is inuenced by the relative coalitional stability and accessibility of the …

When an n×1 random vector X=(X1,…,Xn)T has a sign-invariant distribution, Strait (1974) proved that the expectations of …

.Next, we propose a method to compute the limit invariant distribution of the dynamic recontracting process. The limit invariant … final allocations. We provide various examples to demonstrate how the limit invariant distribution discriminates among … distribution exploits the interplay of coalitional stability and accessibility that determines a probability distribution over …

establish the existence of an invariant distribution under quite general assumptions. Third, we show that the output density …

. Properties of the correlation integral under the invariant distribution are also derived. It is shown that classical behaviour of …

which the map is applied. Particular attention is paid to the shape of the invariant distribution in the tails or in the …