A Possible Origin of Power-Law Distribution in Stock Markets
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Abstract
The origin of the power-law distribution in stock markets is discussed from the view point of self-organized criticality. An analytical expression for the distribution is given from a simple model consideration. We see that power-law increasing or decreasing distribution functions can have the same origin, depending on the values of the parameters.
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Cite this article:
YANG Chun-Bin, CAI Xu. A Possible Origin of Power-Law Distribution in Stock Markets[J]. Chin. Phys. Lett., 2002, 19(6): 772-774.
YANG Chun-Bin, CAI Xu. A Possible Origin of Power-Law Distribution in Stock Markets[J]. Chin. Phys. Lett., 2002, 19(6): 772-774.
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YANG Chun-Bin, CAI Xu. A Possible Origin of Power-Law Distribution in Stock Markets[J]. Chin. Phys. Lett., 2002, 19(6): 772-774.
YANG Chun-Bin, CAI Xu. A Possible Origin of Power-Law Distribution in Stock Markets[J]. Chin. Phys. Lett., 2002, 19(6): 772-774.
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