An alternative method to test scale invariance
We introduce an alternative method that is simple and can be used to test scale invariance or self-similarity in any types of data, irrespective of their distributions. Our method is based on estimating the Lorenz curve and the Kolmogorov–Smirnov test. This alternative method could be used as a prel...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Elsevier
2020-01-01
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Series: | MethodsX |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2215016120300947 |
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author | Thitithep Sitthiyot Pornanong Budsaratragoon Kanyarat Holasut |
author_facet | Thitithep Sitthiyot Pornanong Budsaratragoon Kanyarat Holasut |
author_sort | Thitithep Sitthiyot |
collection | DOAJ |
description | We introduce an alternative method that is simple and can be used to test scale invariance or self-similarity in any types of data, irrespective of their distributions. Our method is based on estimating the Lorenz curve and the Kolmogorov–Smirnov test. This alternative method could be used as a preliminary screening before investigating further which types of distributions would fit the actual observations. • We introduce a simple method to test scale invariance, regardless of data distributions. • Our method is based on estimating the Lorenz curve and the Kolmogorov–Smirnov test. • This alternative method could serve as an initial screening before investigating further which types of distributions would fit the actual data. |
first_indexed | 2024-12-14T11:18:09Z |
format | Article |
id | doaj.art-5e1b8409643b4384a4c6536b5623ef3d |
institution | Directory Open Access Journal |
issn | 2215-0161 |
language | English |
last_indexed | 2024-12-14T11:18:09Z |
publishDate | 2020-01-01 |
publisher | Elsevier |
record_format | Article |
series | MethodsX |
spelling | doaj.art-5e1b8409643b4384a4c6536b5623ef3d2022-12-21T23:03:55ZengElsevierMethodsX2215-01612020-01-017100875An alternative method to test scale invarianceThitithep Sitthiyot0Pornanong Budsaratragoon1Kanyarat Holasut2Department of Banking and Finance, Faculty of Commerce and Accountancy, Chulalongkorn University, Mahitaladhibesra Bld., 10th Fl., Phayathai Rd., Pathumwan, Bangkok 10330, Thailand; Corresponding author.Department of Banking and Finance, Faculty of Commerce and Accountancy, Chulalongkorn University, Mahitaladhibesra Bld., 10th Fl., Phayathai Rd., Pathumwan, Bangkok 10330, ThailandDepartment of Chemical Engineering, Faculty of Engineering, Khon Kaen University, Mittapap Rd., Muang District, Khon Kaen 40002, ThailandWe introduce an alternative method that is simple and can be used to test scale invariance or self-similarity in any types of data, irrespective of their distributions. Our method is based on estimating the Lorenz curve and the Kolmogorov–Smirnov test. This alternative method could be used as a preliminary screening before investigating further which types of distributions would fit the actual observations. • We introduce a simple method to test scale invariance, regardless of data distributions. • Our method is based on estimating the Lorenz curve and the Kolmogorov–Smirnov test. • This alternative method could serve as an initial screening before investigating further which types of distributions would fit the actual data.http://www.sciencedirect.com/science/article/pii/S2215016120300947Scale-freeSelf-similarityRank-size distributionIncome and wealthLorenz curveKolmogorov–Smirnov test |
spellingShingle | Thitithep Sitthiyot Pornanong Budsaratragoon Kanyarat Holasut An alternative method to test scale invariance MethodsX Scale-free Self-similarity Rank-size distribution Income and wealth Lorenz curve Kolmogorov–Smirnov test |
title | An alternative method to test scale invariance |
title_full | An alternative method to test scale invariance |
title_fullStr | An alternative method to test scale invariance |
title_full_unstemmed | An alternative method to test scale invariance |
title_short | An alternative method to test scale invariance |
title_sort | alternative method to test scale invariance |
topic | Scale-free Self-similarity Rank-size distribution Income and wealth Lorenz curve Kolmogorov–Smirnov test |
url | http://www.sciencedirect.com/science/article/pii/S2215016120300947 |
work_keys_str_mv | AT thitithepsitthiyot analternativemethodtotestscaleinvariance AT pornanongbudsaratragoon analternativemethodtotestscaleinvariance AT kanyaratholasut analternativemethodtotestscaleinvariance AT thitithepsitthiyot alternativemethodtotestscaleinvariance AT pornanongbudsaratragoon alternativemethodtotestscaleinvariance AT kanyaratholasut alternativemethodtotestscaleinvariance |