On the stochastic modelling of systems with non-local interactions

Hooman Malek and André de Palma ()

Physica A: Statistical Mechanics and its Applications, 1984, vol. 128, issue 1, 377-382

Abstract: Birth and death description of systems with non-local interactions is discussed. A simple example suggests that a macroscopic description for such systems may lead to results which are qualitatively different from the stochastic predictions. It is concluded that in the presence of non-local interactions, the fluctuations should play a fundamental role in the observed behavior.

Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:128:y:1984:i:1:p:377-382

DOI: 10.1016/0378-4371(84)90100-6

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