Temporal generation of power-law distributions: A universal ‘oligarchy mechanism’
Iddo Eliazar and
Joseph Klafter
Physica A: Statistical Mechanics and its Applications, 2007, vol. 377, issue 1, 53-57
Abstract:
We present a universal mechanism for the temporal generation of power-law distributions with arbitrary integer-valued exponents.
Keywords: Power-laws; Pareto distribution; Universality; Waiting-times (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:377:y:2007:i:1:p:53-57
DOI: 10.1016/j.physa.2006.11.020
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