Aoki, Masanao; Yoshikawa, Hiroshi - 2007
known as non-self-averaging implies that even if the number of economic agents is large, dispersion can remain significant … accurate dynamics of the means of aggregate variables. The paper also shows that non-self-averaging emerges in some … representative urn models. It suggests that non-self-averaging is not pathological but quite generic. Thus, contrary to the main …