Springer 2009 2010 ed. Softcover Good

ISBN10: 3642029450, ISBN13: 9783642029455, [publisher: Springer Berlin Heidelberg] Softcover
[Greven, Germany] [Publication Year: 2009]
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ISBN10: 3642029450, ISBN13: 9783642029455, [publisher: Springer Berlin Heidelberg] Softcover
[Greven, Germany] [Publication Year: 2009]
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ISBN10: 3642029450, ISBN13: 9783642029455, [publisher: Springer, Berlin, Springer Berlin Heidelberg, Springer] Softcover Druck auf Anfrage Neuware - Printed after ordering - Zipf's law is one of the few quantitative reproducible regularities found in e- nomics. It states that, for most countries, the size distributions of cities and of rms (with additional examples found in many other scienti c elds) are power laws with a speci c exponent: the number of cities and rms with a size greater thanS is inversely proportional toS. Most explanations start with Gibrat's law of proportional growth but need to incorporate additional constraints and ingredients introducing deviations from it. Here, we present a general theoretical derivation of Zipf's law, providing a synthesis and extension of previous approaches. First, we show that combining Gibrat's law at all rm levels with random processes of rm's births and deaths yield Zipf's law under a 'balance' condition between a rm's growth and death rate. We nd that Gibrat's law of proportionate growth does not need to be strictly satis ed. As long as the volatility of rms' sizes increase asy- totically proportionally to the size of the rm and that the instantaneous growth rate increases not faster than the volatility, the distribution of rm sizes follows Zipf's law. This suggests that the occurrence of very large rms in the distri- tion of rm sizes described by Zipf's ...
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ISBN10: 3642029450, ISBN13: 9783642029455, [publisher: Springer] Softcover
[Dallas, TX, U.S.A.] [Publication Year: 2009]

ISBN10: 3642029450, ISBN13: 9783642029455, [publisher: Springer] Softcover Buy with confidence! Book is in new, never-used condition
[Amherst, NY, U.S.A.] [Publication Year: 2009]

ISBN10: 3642029450, ISBN13: 9783642029455, [publisher: Springer, Berlin, Springer Berlin Heidelberg, Springer] Softcover Druck auf Anfrage Neuware - Printed after ordering - Zipf's law is one of the few quantitative reproducible regularities found in e- nomics. It states that, for most countries, the size distributions of cities and of rms (with additional examples found in many other scienti c elds) are power laws with a speci c exponent: the number of cities and rms with a size greater thanS is inversely proportional toS. Most explanations start with Gibrat's law of proportional growth but need to incorporate additional constraints and ingredients introducing deviations from it. Here, we present a general theoretical derivation of Zipf's law, providing a synthesis and extension of previous approaches. First, we show that combining Gibrat's law at all rm levels with random processes of rm's births and deaths yield Zipf's law under a 'balance' condition between a rm's growth and death rate. We nd that Gibrat's law of proportionate growth does not need to be strictly satis ed. As long as the volatility of rms' sizes increase asy- totically proportionally to the size of the rm and that the instantaneous growth rate increases not faster than the volatility, the distribution of rm sizes follows Zipf's law. This suggests that the occurrence of very large rms in the distri- tion of rm sizes described by Zipf's ...
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ISBN10: 3642029450, ISBN13: 9783642029455, [publisher: Springer] Softcover Book is in Used-VeryGood condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain very limited notes and highlighting.
[Hawthorne, CA, U.S.A.] [Publication Year: 2009]

Paperback / softback. New. This book presents a general theoretical derivation of Zipf's law, providing a synthesis and extension of previous approaches. It also offers a classification of the mechanisms responsible for deviations from Zipf's law. ISBN 3642029450 9783642029455 [GB]