Abstract
The apparent ease with which the second central assumption of the stochastic model is accepted may be due to a belief in the widespread existence of “random processes.” As they are colorfully described, these are “mechanisms” that “generate” values of a variable with “regularity” in the “long run.”
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© 2004 Springer Science+Business Media Dordrecht
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Tryfos, P. (2004). Random Processes. In: The Measurement of Economic Relationships. Advanced Studies in Theoretical and Applied Econometrics, vol 41. Springer, Boston, MA. https://doi.org/10.1007/978-1-4020-2839-7_6
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DOI: https://doi.org/10.1007/978-1-4020-2839-7_6
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4419-5255-4
Online ISBN: 978-1-4020-2839-7
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