Maximum Entropy Framework for a Universal Rank Order distribution with Socio-economic Applications
Abstract
In this paper we derive the maximum entropy characteristics of a particular rank order distribution, namely the discrete generalized beta distribution, which has recently been observed to be extremely useful in modelling many several rank-size distributions from different context in Arts and Sciences, as a two-parameter generalization of Zipf's law. Although it has been seen to provide excellent fits for several real world empirical datasets,...
Paper Details
Title
Maximum Entropy Framework for a Universal Rank Order distribution with Socio-economic Applications
Published Date
Sep 27, 2019
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