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Modeling infinitely many agents

He, Wei; Sun, Xiang; Sun, Yeneng - In: Theoretical Economics 12 (2017) 2, pp. 771-815

This paper offers a resolution to an extensively studied question in theoretical economics: which measure spaces are suitable for modeling many economic agents? We propose the condition of 'nowhere equivalence' to characterize those measure spaces that can be effectively used to model the space...

Persistent link: https://www.econbiz.de/10012010084