Aggregation problem

id: aggregation-problem-271-1032248
title: Aggregation problem
text: In economics, an aggregate is a summary measure. It replaces a vector that is composed of many real numbers by a single real number, or a scalar. Consequently, there occur various problems that are inherent in the formulations that use aggregated variables. The aggregation problem is the difficult problem of finding a valid way to treat an empirical or theoretical aggregate as if it reacted like a less-aggregated measure, say, about behavior of an individual agent as described in general microec
brand slug: wiki
category slug: encyclopedia
description: Concept in economics
original url: https://en.wikipedia.org/wiki/Aggregation_problem
date created:
date modified: 2023-10-17T18:22:49Z
main entity: {"identifier":"Q4692266","url":"https://www.wikidata.org/entity/Q4692266"}
image:
fields total: 13
integrity: 14

Related Entries

Explore Next Part