Heavy-Tailed Probability Distributions: Some Examples of Their Appearance

We provide two examples of the appearance of heavy-tailed distributions in social sciences applications. Among these distributions are the laws of Pareto and Lotka and some new ones. The examples are illustrated through the construction of suitable toy models.

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Veröffentlicht in:Mathematics (Basel) 2023-07, Vol.11 (14), p.3094
Hauptverfasser: Klebanov, Lev B., Kuvaeva-Gudoshnikova, Yulia V., Rachev, Svetlozar T.
Format: Artikel
Sprache:eng
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Zusammenfassung:We provide two examples of the appearance of heavy-tailed distributions in social sciences applications. Among these distributions are the laws of Pareto and Lotka and some new ones. The examples are illustrated through the construction of suitable toy models.
ISSN:2227-7390
2227-7390
DOI:10.3390/math11143094