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Power law and evolutionary trends in stock markets

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  • Balakrishnan, P.V. (Sundar)
  • Miller, James M.
  • Shankar, S. Gowri

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  • Balakrishnan, P.V. (Sundar) & Miller, James M. & Shankar, S. Gowri, 2008. "Power law and evolutionary trends in stock markets," Economics Letters, Elsevier, vol. 98(2), pages 194-200, February.
    • Handle: RePEc:eee:ecolet:v:98:y:2008:i:2:p:194-200
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    References listed on IDEAS

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    1. Doray, Louis G. & Luong, Andrew, 1995. "Quadratic distance estimators for the zeta family," Insurance: Mathematics and Economics, Elsevier, vol. 16(3), pages 255-260, July.
    2. Naldi, M., 2003. "Concentration indices and Zipf's law," Economics Letters, Elsevier, vol. 78(3), pages 329-334, March.
    3. Xavier Gabaix & Parameswaran Gopikrishnan & Vasiliki Plerou & H. Eugene Stanley, 2003. "A theory of power-law distributions in financial market fluctuations," Nature, Nature, vol. 423(6937), pages 267-270, May.
    4. Parameswaran Gopikrishnan & Vasiliki Plerou & Xavier Gabaix & H. Eugene Stanley, 2000. "Statistical Properties of Share Volume Traded in Financial Markets," Papers cond-mat/0008113, arXiv.org.
    5. M. Goldstein & S. Morris & G. Yen, 2004. "Problems with fitting to the power-law distribution," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 41(2), pages 255-258, September.
    6. Okuyama, K & Takayasu, M & Takayasu, H, 1999. "Zipf's law in income distribution of companies," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 269(1), pages 125-131.
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    Cited by:

    1. Lux, Thomas & Alfarano, Simone, 2016. "Financial power laws: Empirical evidence, models, and mechanisms," Chaos, Solitons & Fractals, Elsevier, vol. 88(C), pages 3-18.
    2. Todorova, Lora & Vogt, Bodo, 2011. "Power law distribution in high frequency financial data? An econometric analysis," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 390(23), pages 4433-4444.
    3. S Gowri Shankar & James M Miller & P V (Sundar) Balakrishnan, 2020. "Evolutionary disruption of S&P 500 trading concentration: An intriguing tale of a financial innovation," PLOS ONE, Public Library of Science, vol. 15(3), pages 1-17, March.
    4. Safari, Muhammad Aslam Mohd & Masseran, Nurulkamal & Ibrahim, Kamarulzaman, 2018. "Optimal threshold for Pareto tail modelling in the presence of outliers," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 509(C), pages 169-180.

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