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A Statistical Duality for Random Matching of Agents

Title
A Statistical Duality for Random Matching of Agents
Type
Article in International Scientific Journal
Year
2025
Authors
Yannacopoulos, A
(Author)
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Bruno M P M Oliveira
(Author)
FCNAUP
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Ferreira, M
(Author)
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Martins, J
(Author)
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Alberto A. Pinto
(Author)
FCUP
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Journal
Vol. 48
ISSN: 0170-4214
Publisher: Wiley-Blackwell
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Publicação em ISI Web of Knowledge ISI Web of Knowledge - 0 Citations
Publicação em Scopus Scopus - 0 Citations
Other information
Authenticus ID: P-018-SGQ
Abstract (EN): We propose a statistical duality among the preferences and endowments of the agents. Under this duality, the logarithmic prices of random trades among agents in a decentralized economy converge in expectation to the logarithm of the Walrasian equilibrium price in a centralized economy.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 6
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