Power law and evolutionary trends in stock markets

Economics Letters

Volumn 98, Issue 2, 2008, Pages 194-200

 

^a Sundar)   (United States)

Author keywords

Hirschman Herfindahl Index; Stock trading volume; Zipf's Law

Indexed keywords

EID: 37548999824     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2007.04.029     Document Type: Article

References (9)

1. Axtell R.I. Zipf distribution of U.S. firm sizes. Science 293 (2001) 1818-1820
2. Doray L.G., and Luong A. Quadratic distance estimators for the Zeta family. Insurance: Mathematics and Economic 16 3 (1995) 255-260
3. Gabaix X., Gopikrishnan P., Plerou V., and Stanley H.E. A theory of power-law distributions in financial market fluctuations. Nature 423 (2003) 267-270
4. Goldstein M.L., Morris S.A., and Yen G.G. Problems with fitting to the power-law distribution. The European Physical Journal B 41 (2004) 255-258
5. Gopikrishnan P., Plerou V., Gabaix X., and Stanley H.E. Statistical properties of share volume traded in financial markets. Physical Review, E 62 (2000) R4493-R4496
6. Naldi M. Concentration indices and Zipf's law. Economics Letters 78 (2003) 329-334
7. Naldi M., and Salaris C. Rank-size distribution of teletraffic and customers over a wide area network. European Transactions on Telecommunications 17 (2006) 415-421
8. Okuyama K., Takayasu M., and Takayasu H. Zipf's law in income distribution of companies. Physica A 269 (1999) 125-131
9. Zipf G.K. Human Behavior and the Principle of Least Effort (1949), Addison-Wesley, Cambridge