Regular distribution (economics)

ID: regular-distribution-economics

A valuation distribution is regular when its virtual valuation is a nondecreasing function of value. This is an auction-theory condition, not the unrelated regularity notions used elsewhere in mathematics.
In economics, "regular distribution" isn't a commonly used term like "normal distribution" or "log-normal distribution," which refer to specific statistical distributions used to model data in various contexts. However, it may refer to the general concept of "regular" in the context of how resources, income, or wealth are distributed among individuals or groups in an economy. Often, regular distribution may be sought in discussions about equity and fairness in economic systems.

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