Reed WJ "The Pareto, Zipf and other power laws" ECONOMICS LETTERS 74 (1): 15-19 DEC 20 2001

[Eugene Garfield]

William J. Reed : E-mail: reed at math.uvic.ca

TITLE The Pareto, Zipf and other power laws
AUTHOR Reed WJ
JOURNAL ECONOMICS LETTERS  74 (1): 15-19 DEC 20 2001

 Document type: Article
 Language: English
Cited References: 9
Times Cited: 0


Abstract:
Many empirical size distributions in economics and elsewhere exhibit
power-law behaviour in the upper tail. This article contains a simple
explanation for this. It also predicts lower-tail power-law behaviour, which
is verified empirically for income and city-size data. (C) 2001 Elsevier
Science B.V. All rights reserved.

Author Keywords:
power law, tail behaviour, Gibrat's law, income distribution, city-size
distribution

Addresses:
Reed WJ, Univ Victoria, Dept Math & Stat, POB 3045, Victoria, BC V8W 3P4,
Canada
Univ Victoria, Dept Math & Stat, Victoria, BC V8W 3P4, Canada

Publisher:
ELSEVIER SCIENCE SA, LAUSANNE

IDS Number:
500AC

ISSN:
0165-1765

Cited Author            Cited Work                Volume      Page      Year

 *US CENS BUR          P60206 US CENS BUR                              1998
 BRAKMAN S             J REGIONAL SCI                39       739      1999
 CHAMPERNOWNE DG       ECON J                        63       318      1953
 GABAIX X              Q J ECON                     114       739      1999
 MAY RM                SCIENCE                      241      1441      1988
 NEWMAN M              NATURE                       405       412      2000
 REED WJ               IN PRESS REGIONAL SC                            2001
 REED WJ               UNPUB J BUSINESS EC                             2000
 YULE GU               PHILOS T ROY SOC B           213        21      1924