This is a preview. Log in through your library . Abstract A positive random variable X whose mean exists, has a Pareto distribution if, and only if, $E(X \mid X > x ...

Pareto distribution is a power-law probability distribution named after Vilfredo Pareto (1848-1923), an Italian economist, civil engineer and sociologist. Despite being a typical mathematical function ...

The Pareto Distribution seems to play out in many different realms. Pareto's research revealed that over time, about 80% of the land holdings came under the control of about 20% of the populace. Many ...

2021 JUL 06 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- Fresh data on probability and statistics are presented in a new report. According to news originating from the ...

Economists tell us that the history of human labor is one of continually increasing specialization. In the days of the hunter-gatherer, every member of the tribe would have been expected to command ...

Most trade models featuring heterogeneous firms assume a Pareto productivity distribution, on the basis that it provides a reasonable representation of the data and because of its analytical ...

This research proposes a new estimation scheme to solve the estimation burden of the Pareto/NBD model and to release its power in out-of-sample prediction and then builds a neural network-based model ...

This is a brief supplement to Böcker and Klüppelberg (2005), “Operational VAR: a closed-form approximation,” where a closed-form approximation for operational VAR (OpVAR) was derived. Here, we apply ...