Monte Carlo simulation of macroeconomic risk with a continuum of agents: The symmetric case

Economic Theory

Volumn 21, Issue 2-3, 2003, Pages 743-766

  Hammond, Peter J ^a   Sun, Yeneng ^b  

^a STANFORD UNIVERSITY   (United States)

^b NATIONAL UNIVERSITY OF SINGAPORE   (Singapore)

Author keywords

Continuum of agents; De Finetti's theorem; Exchangeability; Joint measurability problem; Large economy; Law of large numbers; Monte Carlo convergence; Monte Carlo algebra

Indexed keywords

EID: 0038305696     PISSN: 09382259     EISSN: None     Source Type: Journal    
DOI: 10.1007/s00199-002-0302-y     Document Type: Article

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