Artikel
Is Benford's law a universal behavioral theory?
In this paper, we consider the question and present evidence as to whether or not Benford's exponential first significant digit (FSD) law reflects a fundamental principle behind the complex and nondeterministic nature of large-scale physical and behavioral systems. As a behavioral example, we focus on the FSD distribution of Australian micro income data and use information theoretic entropy methods to investigate the degree that corresponding empirical income distributions are consistent with Benford's law.
- Sprache
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Englisch
- Erschienen in
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Journal: Econometrics ; ISSN: 2225-1146 ; Volume: 3 ; Year: 2015 ; Issue: 4 ; Pages: 698-708 ; Basel: MDPI
- Klassifikation
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Wirtschaft
Econometric and Statistical Methods and Methodology: General
Single Equation Models; Single Variables: Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
- Thema
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first significant digits
Benford’s law
information theoretic methods
empirical likelihood
minimum divergence measure
- Ereignis
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Geistige Schöpfung
- (wer)
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Villas-Boas, Sofia B.
Fu, Qiuzi
Judge, George
- Ereignis
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Veröffentlichung
- (wer)
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MDPI
- (wo)
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Basel
- (wann)
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2015
- DOI
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doi:10.3390/econometrics3040698
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Villas-Boas, Sofia B.
- Fu, Qiuzi
- Judge, George
- MDPI
Entstanden
- 2015