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Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn >
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http://hdl.handle.net/10419/22876
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| Title: | | Hildenbrand Distribution Economies as Limiting Empirical Distributions of Random Economies  |
| Authors: | | Hohnisch, Martin |
| Issue Date: | | 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 |
| Appears in Collections: | | Bonn Econ Discussion Papers, Bonn Graduate School of Economics (BGSE), Universität Bonn
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