Comment on "Tests of scaling and universality of the distributions of trade size and share volume: Evidence from three distinct markets"

Eva Rácz*, Zoltán Eisler, János Kertész

*Corresponding author for this work

Research output: Contribution to journalComment/debate

Abstract (may include machine translation)

In a recent publication, Plerou and Stanley [Phys. Rev. E 76, 046109 (2007)] use the Meerschaert-Scheffler estimator to verify the "inverse half-cubic law" of trade size distributions. We show that this procedure systematically underestimates these tail exponents.

Original languageEnglish
Article number068101
JournalPhysical Review E - Statistical Physics, Plasmas, Fluids, and Related Interdisciplinary Topics
Volume79
Issue number6
DOIs
StatePublished - 24 Jun 2009
Externally publishedYes

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