| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10481791 | Physica A: Statistical Mechanics and its Applications | 2012 | 13 Pages |
Abstract
⺠A mechanism generating the Log-Gauss-Pareto distribution is presented. ⺠The mechanism is based on geometric Langevin dynamics with sigmoidal forces. ⺠The mechanism is invariant with respect to the specific force and noise details. ⺠The mechanism establishes a universal explanation for this distribution. ⺠The mechanism provides a conceptual toy-model for financial markets.
Related Topics
Physical Sciences and Engineering
Mathematics
Mathematical Physics
Authors
Iddo I. Eliazar, Morrel H. Cohen,