A Simple Proof of Ergodic Theorem for Recursive Decision

Authors

  • Dr. Xinxing Wang

Keywords:

Machine learning, Volatility, Pairs Trading, Clustering Algorithms, cryptocurrencies market, cointegration, algorithmic trading, trading strategies, market efficiency., managerial overconfidence, cash holdings, internal control JEL: G30; G40, management, leadership, different, Similar, Complementary, Recursive Decision, Ergodicty, Complex Dynamics, Stationary Equilibria.

Abstract

This paper show that rational choice on recursive decision under measure preserving transformation can lead to asymptotic behavior in a stationary environment, and providing sufficient conditions for recursive decision systems to possess ergodic properties from its stationary mean.

A Simple Proof of Ergodic Theorem for Recursive Decision

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Published

2025-02-21

How to Cite

Dr. Xinxing Wang. (2025). A Simple Proof of Ergodic Theorem for Recursive Decision. London Journal of Research In Management & Business, 25(1), 83–87. Retrieved from https://journalspress.uk/index.php/LJRMB/article/view/1180