Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/22876
Authors: 
Hohnisch, Martin
Year of Publication: 
2003
Series/Report no.: 
Bonn econ discussion papers 2003,28
Abstract: 
The present note shows that the concept of a distribution economy (Hildenbrand (1974)) is closely related to a framework of an exchange economy in which the agents? individual characteristics (i.e. preferences and endowments) are random (Hildenbrand (1971), Bhattacharya and Majumdar (1973), Föllmer (1974)). A random exchange economy is fully specified by the distribution of the family of random variables representing the agents? individual characteristics.
Subjects: 
General Equilibrium Theory
Arrow-Debreu economy
Random Economy
Distribution Economy
Empirical Distribution
JEL: 
D50
Document Type: 
Working Paper

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