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A short account of a connection of power laws to the information entropy

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  • Dover, Yaniv

Abstract

We use the formalism of “maximum principle of Shannon's entropy” to derive the general power law distribution function, using what seems to be a reasonable physical assumption, namely, the demand of a constant mean “internal order” (Boltzmann entropy) of a complex, self-interacting, self-organized system.

Suggested Citation

  • Dover, Yaniv, 2004. "A short account of a connection of power laws to the information entropy," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 334(3), pages 591-599.
    • Handle: RePEc:eee:phsmap:v:334:y:2004:i:3:p:591-599
    DOI: 10.1016/j.physa.2003.09.029
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    References listed on IDEAS

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    1. Mishael Milakovic, 2001. "A Statistical Equilibrium Model of Wealth Distribution," Computing in Economics and Finance 2001 214, Society for Computational Economics.
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