POWER LAWS ARE LOGARITHMIC BOLTZMANN LAWS
Moshe Levy () and
Sorin Solomon ()
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Sorin Solomon: Racah Institute of Physics, Hebrew University, Jerusalem 91904, Israel
International Journal of Modern Physics C (IJMPC), 1996, vol. 07, issue 04, 595-601
Abstract:
Multiplicative random processes in (not necessarily equilibrium or steady state) stochastic systems with many degrees of freedom lead to Boltzmann distributions when the dynamics is expressed in terms of the logarithm of the elementary variables. In terms of the original variables this gives a power-law distribution. This mechanism implies certain relations between the constraints of the system, the power of the distribution and the dispersion law of the fluctuations. These predictions are validated by Monte Carlo simulations and experimental data. We speculate that stochastic multiplicative dynamics might be the natural origin for the emergence of criticality and scale hierarchies without fine-tuning.
Keywords: Power Laws; Boltzmann Law; Multiplicative Stochastic; Self-Organization; Pareto; Lévy Distribution; Non-Equilibrium Complex Systems (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijmpcx:v:07:y:1996:i:04:n:s0129183196000491
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DOI: 10.1142/S0129183196000491
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