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...

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Bibliographic Details
Main Authors: Dionissios T. Hristopulos, Anastassia Baxevani
Format: Article
Language:English
Published: MDPI AG 2022-09-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/24/10/1362