Lectures on Young Measure Theory and its Applications in Economics
Balder, Erik J.
A quick and very extensive introduction to the subject of Young measure is given. It is based on a particular method to transfer the classical theory of narrow convergence of probability measure into a corresponding, but richer theory of narrow convergence of transition probabilities. This method centers around a Prohorov-type extension of Komlós' theorem. Applications of this theory to existence questions in economics include optimal growth, optimal consumption, Cournot-Nash equilibrium distributions, Nash equilibria in continuum games and in games with incomplete information
Rendiconti dell’Istituto di Matematica dell’Università di Trieste. An International Journal of Mathematics
31 (2000) suppl.1
Università degli Studi di Trieste. Dipartimento di Scienze Matematiche
Erik J. Balder, "Lectures on Young measure theory and its applications in economics", in: Rendiconti dell’Istituto di Matematica dell’Università di Trieste. An International Journal of Mathematics, 31 (2000) suppl.1, pp. 1-69.