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random fields

Author

Listed:
  • Nazgul Jenish
Abstract
Random fields are stochastic processes indexed by a multidimensional parameter. They possess some interesting properties, e.g. isotropy and the Markov property, and satisfy laws of large numbers and weak convergence theorems under fairly general conditions. As such, random fields provide a powerful tool for modelling spatial phenomena in physics, biology, economics, and other social sciences.

Suggested Citation

  • Nazgul Jenish, 2010. "random fields," The New Palgrave Dictionary of Economics,, Palgrave Macmillan.
    • Handle: RePEc:pal:dofeco:v:4:year:2010:doi:3827
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    More about this item

    Keywords

    Markov random fields; random fields; spatial processes;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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