Abstract
The concepts of scale invariance and scaling behavior are now increasingly applied outside their traditional domains of application, the physical sciences. Their application to financial markets, initiated by Mandelbrot [1,2] in the 1960s, has experienced a regain of interest in the recent years, partly due to the abundance of high-frequency data sets and availability of computers for analyzing their statistical properties.
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Cont, R., Potters, M., Bouchaud, JP. (1997). Scaling in Stock Market Data: Stable Laws and Beyond. In: Dubrulle, B., Graner, F., Sornette, D. (eds) Scale Invariance and Beyond. Centre de Physique des Houches, vol 7. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-09799-1_5
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DOI: https://doi.org/10.1007/978-3-662-09799-1_5
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