Abstract
Randomization refers to the selection of an element a, from a set A, according to some probability distribution P on A.
This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman
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Bibliography
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Berger, J.O. (1987). Randomization. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_1593-1
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DOI: https://doi.org/10.1057/978-1-349-95121-5_1593-1
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Publisher Name: Palgrave Macmillan, London
Online ISBN: 978-1-349-95121-5
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