We introduce a model of proportional growth to explain the distribution of business firm growth rates. The model predicts that the distribution is exponential in the central part and depicts an asymptotic power-law behavior in the tails with an exponent 3. Because of data limitations, previous...

We develop a simple theoretical framework for the evolution of weighted networks that is consistent with a number of stylized features of real-world data. In our framework, the Barabasi-Albert model of network evolution is extended by assuming that link weights evolve according to a geometric...

A variety of phenomena can be explained by means of a description of the features of their underlying network structure. In addition, a large number of scientists (see the reviews, eg. Barabasi, 2002; Watts, 2003) demonstrated the emergence of large-scale properties common to many different systems....

A variety of phenomena can be explained by means of a description of the features of their underlying network structure. In addition, a large number of scientists (see the reviews, eg. Barabasi, 2002; Watts, 2003) demonstrated the emergence of large-scale properties common to many different systems....