Hostname: page-component-586b7cd67f-gb8f7 Total loading time: 0 Render date: 2024-11-25T01:04:19.589Z Has data issue: false hasContentIssue false

Jante's law process

Published online by Cambridge University Press:  26 July 2018

Philip Kennerberg*
Affiliation:
Lund University
Stanislav Volkov*
Affiliation:
Lund University
*
* Postal address: Centre for Mathematical Sciences, Lund University, Box 118, SE-22100 Lund, Sweden.
* Postal address: Centre for Mathematical Sciences, Lund University, Box 118, SE-22100 Lund, Sweden.

Abstract

Consider the process which starts with N ≥ 3 distinct points on ℝd, and fix a positive integer K < N. Of the total N points keep those N - K which minimize the energy amongst all the possible subsets of size N - K, and then replace the removed points by K independent and identically distributed points sampled according to some fixed distribution ζ. Repeat this process ad infinitum. We obtain various quite nonrestrictive conditions under which the set of points converges to a certain limit. This is a very substantial generalization of the `Keynesian beauty contest process' introduced in Grinfeld et al. (2015), where K = 1 and the distribution ζ was uniform on the unit cube.

Type
Original Article
Copyright
Copyright © Applied Probability Trust 2018 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

[1]Bingham, N. H., Goldie, C. M. and Teugels, J. L. (1987). Regular Variation (Encyclopedia Math. Appl. 27). Cambridge University Press. Google Scholar
[2]Grinfeld, M., Volkov, S. and Wade, A. R. (2015). Convergence in a multidimensional randomized Keynesian beauty contest. Adv. Appl. Prob. 47, 5782. Google Scholar
[3]Hoeffding, W. (1963). Probability inequalities for sums of bounded random variables. J. Amer. Statist. Assoc. 58, 1330. Google Scholar
[4]Parthasarathy, K. R. (2005). Probability Measures on Metric Spaces. AMS Chelsea Publishing, Providence, RI. Google Scholar
[5]Sandemose, A. (1936). A Fugitive Crosses His Tracks. Knopf, New York. Google Scholar