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We present a universal mechanism for the temporal generation of power-law distributions with arbitrary integer-valued exponents.
Persistent link: https://www.econbiz.de/10010872766
We establish a “Central Limit Theorem” for rank distributions, which provides a detailed characterization and classification of their universal macroscopic statistics and phase transitions. The limit theorem is based on the statistical notion of Lorenz curves, and is termed the “Lorenzian...
Persistent link: https://www.econbiz.de/10011058806