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In this article, we study transportation network in Minnesota. We show that the system is characterized by Taylor's power law for fluctuation scaling with nontrivial values of the scaling exponent. We also show that the characteristic…

Physics and Society · Physics 2010-06-21 Agata Fronczak , Piotr Fronczak , Maksymilian Bujok

The notion of fractality, in the context of positive-valued probability distributions, is conventionally associated with the class of Paretian probability laws. In this research we show that the Paretian class is merely one out of six…

Statistical Mechanics · Physics 2008-04-22 Iddo Eliazar , Joseph Klafter

More than one billion data sampled with different frequencies from several financial instruments were investigated with the aim of testing whether they involve power law. As a result, a known power law with the power exponent around -4 was…

Statistical Finance · Quantitative Finance 2020-10-06 Caglar Tuncay

We examine both the dynamical and the multifractal properties at the chaos threshold of logistic maps with general nonlinearity $z>1$. First we determine analytically the sensitivity to initial conditions $\xi_{t}$. Then we consider a…

Statistical Mechanics · Physics 2013-08-29 E. Mayoral , A. Robledo

Heavy-tailed or power-law distributions are becoming increasingly common in biological literature. A wide range of biological data has been fitted to distributions with heavy tails. Many of these studies use simple fitting methods to find…

Quantitative Methods · Quantitative Biology 2007-12-06 A. James , M. J. Plank

We use the theory of Bernstein functions to analyze power law tail behavior with log-periodic perturbations which corresponds to self-similarity of the Bernstein functions. Such tail behavior appears in the context of semistable L\'evy…

Probability · Mathematics 2023-12-22 Peter Kern , Svenja Lage

The present paper describes a stochastic model of fracture, whose fragment size distribution can be calculated analytically as a power-law-like distribution. The model is basically cascade fracture, but incorporates the effect that each…

Statistical Mechanics · Physics 2013-04-10 Ken Yamamoto , Yoshihiro Yamazaki

For first passage percolation on $\mathbb{Z}^2$ with i.i.d. bounded edge weights, we consider the upper tail large deviation event; i.e., the rare situation where the first passage time between two points at distance $n$, is macroscopically…

Probability · Mathematics 2017-12-05 Riddhipratim Basu , Shirshendu Ganguly , Allan Sly

We study a few dynamical systems composed of many components whose sizes evolve according to multiplicative stochastic rules. We compare them with respect to the emergence of power laws in the size distribution of their components. We show…

Statistical Mechanics · Physics 2007-05-23 Aharon Blank , Sorin Solomon

We consider a multinomial distribution, where the number of cells increases and the cell-probabilities decreases as the number of observations grows. The probabilities of large deviations of statistics, which has form of a sum of Borel…

Probability · Mathematics 2022-05-09 Sherzod M. Mirakhmedov

Consider first passage percolation with identical and independent weight distributions and first passage time ${\rm T}$. In this paper, we study the upper tail large deviations $\mathbb{P}({\rm T}(0,nx)>n(\mu+\xi))$, for $\xi>0$ and $x\neq…

Probability · Mathematics 2023-02-02 Clément Cosco , Shuta Nakajima

When the probability of measuring a particular value of some quantity varies inversely as a power of that value, the quantity is said to follow a power law, also known variously as Zipf's law or the Pareto distribution. Power laws appear…

Statistical Mechanics · Physics 2019-09-23 M. E. J. Newman

Power-law distributions have been widely observed in different areas of scientific research. Practical estimation issues include how to select a threshold above which observations follow a power-law distribution and then how to estimate the…

Statistics Theory · Mathematics 2020-02-13 Holger Drees , Anja Janßen , Sidney I. Resnick , Tiandong Wang

Multifractal processes are a relatively new tool of stock market analysis. Their power lies in the ability to take multiple orders of autocorrelations into account explicitly. In the first part of the paper we discuss the framework of the…

Other Condensed Matter · Physics 2008-12-02 Zoltan Eisler , Janos Kertesz

Power-law sensitivity to initial conditions at the edge of chaos provides a natural relation between the scaling properties of the dynamics attractor and its degree of nonextensivity as prescribed in the generalized statistics recently…

Statistical Mechanics · Physics 2016-08-31 M. L. Lyra , C. Tsallis

Condensation phenomena are ubiquitous in nature and are found in condensed matter, disordered systems, networks, finance, etc. In the present work we investigate one of the best frameworks in which condensation phenomena take place, namely,…

Statistical Mechanics · Physics 2015-02-03 Mario Filiasi , Elia Zarinelli , Erik Vesselli , Matteo Marsili

Preferential attachment schemes, where the selection mechanism is linear and possibly time-dependent, are considered, and an infinite-dimensional large deviation principle for the sample path evolution of the empirical degree distribution…

Probability · Mathematics 2013-02-25 Jihyeok Choi , Sunder Sethuraman

In this work, the well known power-law relation between strength and sample size, $d^{-n}$, is derived from the knowledge that a dislocation network exhibits scale-free behaviour and the extreme value statistical properties of an arbitrary…

Materials Science · Physics 2016-06-29 Peter M. Derlet , Robert Maass

Detrended fluctuation analysis (DFA), suitable for the analysis of nonstationary time series, has confirmed the existence of persistent long-range correlations in healthy heart rate variability data. In this paper, we present the…

Medical Physics · Physics 2009-11-10 J. C. Echeverria , M. S. Woolfson , J. A. Crowe , B. R. Hayes-Gill , G. D. H. Croaker , H. Vyas

We propose a mean functional which exists for any probability distributions, and which characterizes the Pareto distribution within the set of distributions with finite left endpoint. This is in sharp contrast to the mean excess plot which…

Methodology · Statistics 2024-04-05 Bernhard Klar