A shift-optimized Hill-type estimator

dc.creatorRácz, Éva
dc.creatorKertész, János
dc.creatorEisler, Zoltán
dc.date2009-05-19
dc.date.accessioned2026-07-07T13:16:29Z
dc.date.available2026-07-07T13:16:29Z
dc.descriptionA wide range of natural and social phenomena result in observables whose distributions can be well approximated by a power-law decay. The well-known Hill estimator of the tail exponent provides results which are in many respects superior to other estimators in case the asymptotics of the distribution is indeed a pure power-law, however,systematic errors occur if the distribution is altered by simply shifting it. We demonstrate some related problems which typically emerge when dealing with empirical data and suggest a procedure designed to extend the applicability of the Hill estimator.
dc.description5 pages, 7 figures
dc.identifierhttps://arxiv.org/abs/0905.3096
dc.identifierhttp://arxiv.org/abs/0905.3096
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/230807
dc.subjectData Analysis, Statistics and Probability
dc.titleA shift-optimized Hill-type estimator
dc.typetext

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