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Random Fields

Published in The New Palgrave Dictionary of Economics • Jan 1, 2010
NobleIDNI4P49W06R33S63
Authors:
Nazgul Jenish

Abstract

Random fields are stochastic processes indexed by a multidimensional parameter. They possess some interesting properties, e.g. isotropy and the Markov property, and satisfy laws of large numbers and weak convergence theorems under fairly general conditions. As such, random fields provide a powerful ...

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