6 citations · 6 across the 3 of their papers we have counts for
4 papers
Local wealth condensation for yard-sale models with wealth-dependent biases
Christoph Börgers, Claude Greengard
In Chakraborti's yard-sale model of an economy, identical agents engage in pairwise trades, resulting in wealth exchanges that conserve each agent's expected wealth. Doob's marting…
A new probabilistic analysis of the yard-sale model
Christoph Börgers, Claude Greengard
In Chakraborti's yard-sale model of an economy, identical agents engage in trades that result in wealth exchanges, but conserve the combined wealth of all agents and each agent's e…
On the mean square displacement in Levy walks
Christoph Borgers, Claude Greengard
Many physical and biological processes are modeled by "particles" undergoing Lévy random walks. A feature of significant interest in these systems is the mean square displacement (…
Slow Convergence in Generalized Central Limit Theorems
Christoph Börgers, Claude Greengard
We study the central limit theorem in the non-normal domain of attraction to symmetric -stable laws for . We show that for i.i.d. random variables , the convergen…