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I just wanted to present a counter argument to my reasoning: What if the list of companies (which is publicly traded companies) is missing the real head -- the
by diziet 13y ago
I just wanted to present a counter argument to my reasoning: What if the list of companies (which is publicly traded companies) is missing the real head -- the non public companies that are either government owned or are governments themselves? If we look at the list of companies by revenue: https://en.wikipedia.org/wiki/List_of_largest_companies_by_revenue https://en.wikipedia.org/wiki/List_of_largest_companies_by_r... it does look like the real head of the Power Law distribution is missing.
- arethuza 13y agoThe original paper seems to take the Global 2000 and then re-orders them by asset size, not revenue: "we find that financial firms dominate the top tail of the firm distribution by asset size" http://arxiv.org/pdf/1309.2130v2.pdf http://arxiv.org/pdf/1309.2130v2.pdf