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Pareto distributions, and power laws in general, have demonstrated to be very useful models to describe very different phenomena, from physics to finance. In recent years, the econophysical literature has proposed a large amount of papers…

Methodology · Statistics 2015-06-16 Pasquale Cirillo

A fractal is in essence a hierarchy with cascade structure, which can be described with a set of exponential functions. From these exponential functions, a set of power laws indicative of scaling can be derived. Hierarchy structure and…

Physics and Society · Physics 2017-07-13 Yanguang Chen

Zipf's power law is a general empirical regularity found in many natural and social systems. A recently developed theory predicts that Zipf's law corresponds to systems that are growing according to a maximally sustainable path in the…

Physics and Society · Physics 2015-05-19 Qunzhi Zhang , Didier Sornette

A stochastic model relating the parameters of astrophysical structures to the parameters of their granular components is applied to the formation of hierarchical, large-scale structures from galaxies assumed as point-like objects. If the…

Cosmology and Nongalactic Astrophysics · Physics 2009-08-20 S. Capozziello , S. Funkhouser

Using public data (Forbes Global 2000) we show that the asset sizes for the largest global firms follow a Pareto distribution in an intermediate range, that is ``interrupted'' by a sharp cut-off in its upper tail, where it is totally…

General Finance · Quantitative Finance 2015-06-17 Davide Fiaschi , Imre Kondor , Matteo Marsili , Valerio Volpati

The Zipf distribution also known as scale-free distribution or discrete Pareto distribution, is the particular case of Power Law distribution with support the strictly positive integers. It is a one-parameter distribution with a linear…

Applications · Statistics 2013-04-29 Marta Pérez-Casany , Aina Casellas

In this article, the relationship between two well-accepted empirical propositions regarding the distribution of population in cities, namely, Gibrat's law and Zipf's law, are rigorously examined using the Chinese census data. Our findings…

Physics and Society · Physics 2010-01-07 Kausik Gangopadhyay , B. Basu

Apparently random events in nature often reveal hidden patterns when analysed using diverse and robust statistical tools. Power-law distributions, for example, project diverse natural phenomenon, ranging from earthquakes1 to heartbeat…

Urban form has been empirically demonstrated to be of scaling invariance and can be described with fractal geometry. However, the rational range of fractal dimension value and the relationships between various fractal indicators of cities…

Physics and Society · Physics 2018-12-20 Yanguang Chen

An Atlas model is a rank-based system of continuous semimartingales for which the steady-state values of the processes follow a power law, or Pareto distribution. For a power law, the log-log plot of these steady-state values versus rank is…

Economics · Quantitative Finance 2016-03-01 Ricardo T. Fernholz , Robert Fernholz

History-dependent processes are ubiquitous in natural and social systems. Many such stochastic processes, especially those that are associated with complex systems, become more constrained as they unfold, meaning that their sample-space, or…

Physics and Society · Physics 2015-04-16 Bernat Corominas-Murtra , Rudolf Hanel , Stefan Thurner

We consider the effects of spatial correlations in a two-dimensional site percolation model. By generalizing the Newman-Ziff Monte Carlo algorithm to include spatial correlations, percolation thresholds and fractal dimensions of percolation…

Disordered Systems and Neural Networks · Physics 2009-08-09 Hongting Yang , Wen Zhang , Noah Bray-Ali , Stephan Haas

In the last years, researchers have realized the difficulties of fitting power-law distributions properly. These difficulties are higher in Zipf's systems, due to the discreteness of the variables and to the existence of two representations…

Data Analysis, Statistics and Probability · Physics 2022-11-29 Alvaro Corral , Isabel Serra , Ramon Ferrer-i-Cancho

This paper explores the relationship between the inner economical structure of communities and their population distribution through a rank-rank analysis of official data, along statistical physics ideas within two techniques. The data is…

Economics · Quantitative Finance 2015-08-17 Roy Cerqueti , Marcel Ausloos

The time evolution of Earth with her cities, languages and countries is considered in terms of the multiplicative noise and the fragmentation- processes, where the related families, size distributions, lifetimes, bilinguals, etc. are…

Physics and Society · Physics 2009-11-13 Caglar Tuncay

The frequency of occurrence of prime numbers at unit number spacing intervals exhibits selfsimilar fractal fluctuations concomitant with inverse power law form for power spectrum generic to dynamical systems in nature such as fluid flows,…

General Physics · Physics 2008-11-13 A. M. Selvam

The spatial distributions of cities fall into two groups: one is the simple distribution with characteristic scale (e.g. exponential distribution), and the other is the complex distribution without characteristic scale (e.g. power-law…

Physics and Society · Physics 2018-12-19 Yanguang Chen , Jian Feng

We study rank-size distribution of cities in Japan on the basis of data analysis. From the census data after World War II, we find that the rank-size distribution of cities is composed of two parts, each of which has independent power…

Data Analysis, Statistics and Probability · Physics 2009-11-13 Hiroto Kuninaka , Mitsugu Matsushita

In several recent publications, Bettencourt, West and collaborators claim that properties of cities such as gross economic production, personal income, numbers of patents filed, number of crimes committed, etc., show super-linear…

Applications · Statistics 2015-03-19 Cosma Rohilla Shalizi

Natural languages are full of rules and exceptions. One of the most famous quantitative rules is Zipf's law which states that the frequency of occurrence of a word is approximately inversely proportional to its rank. Though this `law' of…

Computation and Language · Computer Science 2015-05-27 Jake Ryland Williams , James P. Bagrow , Christopher M. Danforth , Peter Sheridan Dodds
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