Lindy’s Law

Iddo Eliazar

Physica A: Statistical Mechanics and its Applications, 2017, vol. 486, issue C, 797-805

Abstract: Aging means that as things grow old their remaining expected lifetimes lessen. Either faster or slower, most of the things we encounter in our everyday lives age with time. However, there are things that do quite the opposite – they anti-age: as they grow old their remaining expected lifetimes increase rather than decrease. A quantitative formulation of anti-aging is given by the so-called “Lindy’s Law”. In this paper we explore Lindy’s Law and its connections to Pareto’s Law, to Zipf’s Law, and to socioeconomic inequality.

Keywords: Lindy’s Law; Pareto’s Law; Zipf’s Law; Anti-aging; Power-law statistics; Socioeconomic inequality (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:486:y:2017:i:c:p:797-805

DOI: 10.1016/j.physa.2017.05.077

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