Is Benford’s Law a Universal Behavioral Theory?

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...

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Bibliographic Details
Main Authors: Sofia B. Villas-Boas, Qiuzi Fu, George Judge
Format: Article
Language:English
Published: MDPI AG 2015-10-01
Series:Econometrics
Subjects:
first significant digits
Benford’s law
information theoretic methods
empirical likelihood
minimum divergence measure
Online Access:http://www.mdpi.com/2225-1146/3/4/698

Internet

http://www.mdpi.com/2225-1146/3/4/698

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