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This chapter surveys recent developments in agglomeration theory within a unifying framework. We highlight how …
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Composite models have received much attention in the recent actuarial literature to describe heavy-tailed insurance loss data. One of the models that presents a good performance to describe this kind of data is the composite Weibull–Pareto (CWL) distribution. On this note, this distribution is...
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plots (double logarithmic graphs of rank compared to size) and plotted cumulative density functions. A lognormal …
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Several authors (Berry 1970, Krugman 1996 or Eaton and Eckstein 1997, among many others) have experienced amazement about the accurate functioning of the law of "least effort" established by Zipf (1949) in most places. Cities, ranked by population, seem to follow almost exactly a log/log...
Persistent link: https://www.econbiz.de/10011548263
The urban structures between the Member States of the European Union is very different for historical, geographical, economic reasons. However, the population is spread across geographic areas in a way that, although continuously changing, is not possible to define as random. Indeed, countries...
Persistent link: https://www.econbiz.de/10011503498
In this paper we show that the double Pareto lognormal (DPLN) parameterization provides an excellent fit to the overall … this model, which is much better in line with the data than previous urban growth frameworks that predict a lognormal or a …
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