Kaniadakis Functions beyond Statistical Mechanics: Weakest-Link Scaling, Power-Law Tails, and Modified Lognormal Distribution
Probabilistic models with flexible tail behavior have important applications in engineering and earth science. We introduce a nonlinear normalizing transformation and its inverse based on the deformed lognormal and exponential functions proposed by Kaniadakis. The deformed exponential transform can...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-09-01
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Series: | Entropy |
Subjects: | |
Online Access: | https://www.mdpi.com/1099-4300/24/10/1362 |