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Paper No. 07-19

Download 07-19

SD Jacka and M Sheehan

The Noisy Veto-Voter Model: A Recursive Distributional Equation on [0, 1]

Abstract: We study a particular example of a recursive distributional equation (RDE) on the unit interval. We identify all invariant distributions, the corresponding “basins of attraction” and address the issue of endogeny for the associated tree-indexed problem, making use of an extension of a recent result of Warren.