Statistical Size Distributions in Economics and Actuarial Sciences Hardcover - 2003 - 1st Edition
by Christian Kleiber; Samuel Kotz
First line
This book is devoted to the parametric statistical distributions of economic size phenomena of various types-a subject that has been explored in both statistical and economic literature for over 100 years since the publication of V. Pareto's famous breakthrough volume Cours d'economie politique in 1897.
From the rear cover
A comprehensive account of economic size distributions around the world and throughout the years
In the course of the past 100 years, economists and applied statisticians have developed a remarkably diverse variety of income distribution models, yet no single resource convincingly accounts for all of these models, analyzing their strengths and weaknesses, similarities and differences. Statistical Size Distributions in Economics and Actuarial Sciences is the first collection to systematically investigate a wide variety of parametric models that deal with income, wealth, and related notions.
Christian Kleiber and Samuel Kotz survey, compliment, compare, and unify all of the disparate models of income distribution, highlighting at times a lack of coordination between them that can result in unnecessary duplication. Considering models from eight languages and all continents, the authors discuss the social and economic implications of each as well as distributions of size of loss in actuarial applications. Specific models covered include:
- Pareto distributions
- Lognormal distributions
- Gamma-type size distributions
- Beta-type size distributions
- Miscellaneous size distributions
Three appendices provide brief biographies of some of the leading players along with the basic properties of each of the distributions. Actuaries, economists, market researchers, social scientists, and physicists interested in econophysics will find Statistical Size Distributions in Economics and Actuarial Sciences to be a truly one-of-a-kind addition to the professional literature.
Details
- Title Statistical Size Distributions in Economics and Actuarial Sciences
- Author Christian Kleiber; Samuel Kotz
- Binding Hardcover
- Edition number 1st
- Edition 1
- Pages 352
- Volumes 1
- Language ENG
- Publisher Wiley-Interscience
- Date 2003-08-11
- Illustrated Yes
- ISBN 9780471150640 / 0471150649
- Weight 1.36 lbs (0.62 kg)
- Dimensions 9.48 x 6.4 x 0.87 in (24.08 x 16.26 x 2.21 cm)
- Library of Congress subjects Distribution (Economic theory), Economics, Mathematical
- Library of Congress Catalog Number 2003041140
- Dewey Decimal Code 339.22
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Statistical Size Distributions in Economics and Actuarial Sciences
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Statistical Size Distributions in Economics and Actuarial Sciences (Wiley Series in Probability and Statistics)
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Statistical Size Distributions in Economics and Actuarial Sciences
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Statistical Size Distributions in Economics and Actuarial Sciences
by Kleiber, Christian; Kotz, Samuel
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