Parameter estimation for power-law distributions by maximum likelihood methods

H. Bauke ()

The European Physical Journal B: Condensed Matter and Complex Systems, 2007, vol. 58, issue 2, 167-173

Abstract: Distributions following a power-law are an ubiquitous phenomenon. Methods for determining the exponent of a power-law tail by graphical means are often used in practice but are intrinsically unreliable. Maximum likelihood estimators for the exponent are a mathematically sound alternative to graphical methods. Copyright EDP Sciences/Società Italiana di Fisica/Springer-Verlag 2007

Keywords: 02.50.Tt Inference methods; 89.75.-k Complex systems (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (28)

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DOI: 10.1140/epjb/e2007-00219-y

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