Parameter estimation for power-law distributions by maximum likelihood methods

Heiko Bauke

doi:10.1140/epjb/e2007-00219-y

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arXiv · 0704.1867

Parameter estimation for power-law distributions by maximum likelihood methods

Heiko Bauke

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Abstract

Distributions following a power-law are an ubiquitous phenomenon. Methods for determining the exponent of a power-law tail by graphical means are often used in practice but are intrinsically unreliable. Maximum likelihood estimators for the exponent are a mathematically sound alternative to graphical methods.

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Heiko Bauke. 2007-08-11. Parameter estimation for power-law distributions by maximum likelihood methods. https://doi.org/10.1140/epjb/e2007-00219-y

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