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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…

物理与社会 · 物理学 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…

经典分析与常微分方程 · 数学 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…

经典分析与常微分方程 · 数学 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…

其他凝聚态物理 · 物理学 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…

统计理论 · 数学 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…

应用统计 · 统计学 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…

统计力学 · 物理学 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…

概率论 · 数学 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…

种群与进化 · 定量生物学 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…

统计方法学 · 统计学 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…

统计理论 · 数学 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…

统计金融 · 定量金融 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…

泛函分析 · 数学 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…

谱理论 · 数学 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…

物理与社会 · 物理学 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,…

概率论 · 数学 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…

理论经济学 · 经济学 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…

斑图形成与孤子 · 物理学 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…

综合经济学 · 经济学 2023-07-06 Victor M. Yakovenko