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Related papers: On a property of the inequality curve $\lambda(p)$

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Explaining empirically observed wealth and income distributions, featuring power-law tails alongside gamma or log-normal bulk shapes, challenges models that focus on either pairwise competition or individual investment mechanisms. This…

Physics and Society · Physics 2025-05-19 Yuri Ono , Atsushi Ishida

This paper continues the investigation begun in arXiv:1906.05602 of extending the T1 theorem of David and Journ\'e, and optimal cancellation conditions, to more general weight pairs. The main additional tool developed here is a two weight…

Classical Analysis and ODEs · Mathematics 2019-10-24 Eric T. Sawyer

Let $\mathcal{W}$ be a closed dilation and translation invariant subspace of the space of $\mathbb{R}^\ell$-valued Schwartz distributions in $d$ variables. We show that if the space $\mathcal{W}$ does not contain distributions of the type…

Classical Analysis and ODEs · Mathematics 2021-02-08 Dmitriy Stolyarov

Personal income distribution in the USA has a well-defined two-class structure. The majority of population (97-99%) belongs to the lower class characterized by the exponential Boltzmann-Gibbs ("thermal") distribution, whereas the upper…

Other Condensed Matter · Physics 2008-12-02 A. Christian Silva , Victor M. Yakovenko

In 1989, Zehavi and Itai conjectured that every $k$-connected graph contains $k$ independent spanning trees rooted at any prescribed vertex $r$. That is, for each vertex $v$, the unique $r$-$v$ paths within these $k$ spanning trees are…

We introduce a kernel estimator, to the tail index of a right-censored Pareto-type distribution, that generalizes Worms's one (Worms and Worms, 2014)in terms of weight coefficients. Under some regularity conditions, the asymptotic normality…

Statistics Theory · Mathematics 2021-10-15 Abdelhakim Necir , Louiza Soltane

In this survey we present an extensive research of the vast literature about the Generalized Lambda Distribution (GLD) and propose a hurdle, or two-way, model whose associated distribution is the GLD in order to meet the demand for a highly…

Applications · Statistics 2019-01-04 Diego Marcondes , Cláudia Peixoto , Ana Carolina Maia

Financial time series typically exhibit strong fluctuations that cannot be described by a Gaussian distribution. In recent empirical studies of stock market indices it was examined whether the distribution P(r) of returns r(tau) after some…

Statistical Mechanics · Physics 2009-11-07 Ofer Biham , Zhi-Feng Huang , Ofer Malcai , Sorin Solomon

In probability theory, there exist discrete and continuous distributions. Generally speaking, we do not have sufficient kinds and properties of discrete ones compared to the continuous ones. In this paper, we treat the Riemann zeta…

Probability · Mathematics 2023-06-05 Takahiro Aoyama , Ryuya Namba , Koki Ota

Proliferating cell populations at steady state growth often exhibit broad protein distributions with exponential tails. The sources of this variation and its universality are of much theoretical interest. Here we address the problem by…

Populations and Evolution · Quantitative Biology 2008-07-24 Tamar Friedlander , Naama Brenner

The extreme value theory is very popular in applied sciences including Finance, economics, hydrology and many other disciplines. In univariate extreme value theory, we model the data by a suitable distribution from the general max-domain of…

Methodology · Statistics 2019-05-09 Abhik Ghosh

We analyze the \textit{Large Deviation Probability (LDP)} of linear factor models generated from non-identically distributed components with \textit{regularly-varying} tails, a large subclass of heavy tailed distributions. An efficient…

Statistics Theory · Mathematics 2019-12-10 Farzad Pourbabaee , Omid Shams Solari

Empirical distributions have their in-sample maxima as natural censoring. We look at the "hidden tail", that is, the part of the distribution in excess of the maximum for a sample size of $n$. Using extreme value theory, we examine the…

Statistical Finance · Quantitative Finance 2020-04-14 Nassim Nicholas Taleb

We prove that in variable exponent spaces $L^{p(\cdot)}(\Omega)$, where $p(\cdot)$ satisfies the log-condition and $\Omega$ is a bounded domain in $\mathbf R^n$ with the property that $\mathbf R^n \backslash \bar{\Omega}$ has the cone…

Functional Analysis · Mathematics 2009-02-26 Humberto Rafeiro , Stefan Samko

On a compact metric graph, we consider the spectrum of the Laplacian defined with a mix of standard and Dirichlet vertex conditions. A Cheeger-type lower bound on the gap $\lambda_2 - \lambda_1$ is established, with a constant that depends…

Spectral Theory · Mathematics 2023-01-19 David Borthwick , Evans M. Harrell , Haozhe Yu

A large consensus now seems to take for granted that the distributions of empirical returns of financial time series are regularly varying, with a tail exponent close to 3. We revisit this results and use standard tests as well as develop a…

Physics and Society · Physics 2008-12-10 Y. Malevergne , V. F. Pisarenko , D. Sornette

The well-known "Janson's inequality" gives Poisson-like upper bounds for the lower tail probability \Pr(X \le (1-\eps)\E X) when X is the sum of dependent indicator random variables of a special form. We show that, for large deviations,…

Probability · Mathematics 2017-12-12 Svante Janson , Lutz Warnke

We study the mathematical and economic structure of the Kolkata (k) index of income inequality. We show that the k-index always exists and is a unique fixed point of the complementary Lorenz function, where the Lorenz function itself gives…

Theoretical Economics · Economics 2020-10-27 Suchismita Banerjee , Bikas K. Chakrabarti , Manipushpak Mitra , Suresh Mutuswami

We examine the stability of a 1D electrical transmission line in the simultaneous presence of PT-symmetry and fractionality. The array contains a binary gain/loss distribution $\gamma_{n}$ and a fractional Laplacian characterized by a…

Pattern Formation and Solitons · Physics 2023-08-09 Mario I. Molina

This article is a supplement to my main contribution to the Routledge Handbook of Complexity Economics (2023). On the basis of three recent papers, it presents an unconventional perspective on economic inequality from a statistical physics…

General Economics · Economics 2023-07-06 Victor M. Yakovenko