16 citations · 28 across the 8 of their papers we have counts for
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econ.GN2020
The Two Growth Rates of the Economy
Alexander Adamou, Yonatan Berman, Ole Peters
Economic growth is measured as the rate of relative change in gross domestic product (GDP) per capita. Yet, when incomes follow random multiplicative growth, the ensemble-average (…
econ.GN2018★ 3 cited
The time interpretation of expected utility theory
Ole Peters, Alexander Adamou
Economic models often maximise expectation values of wealth or utility. In non-ergodic settings, these can differ from time-averages, so that maximising expected outcomes need not…
econ.GN2016★ 8 cited
Far from equilibrium: Wealth reallocation in the United States
Yonatan Berman, Ole Peters, Alexander Adamou
Studies of wealth inequality often assume that an observed wealth distribution reflects a system in equilibrium. This constraint is rarely tested empirically. We introduce a simple…