It puts them at the flattening place in their power law curve of growth.
Is my startup at the head of the power law curve of outcomes?
In the former scenario, the tail of the distribution thins out more slowly in the power law scenario than it does in the normal distribution.
Scientists studying such diverse phenomena as earthquakes, stockmarket crashes and forest fires have noticed, says Mr Buchanan, that their distributions all follow something called a power law.
While West has observed a positive power law in that the demand for roads and gas stations also decline as density increases, sooner or later that has to end.
Mr Buchanan then explains the underlying mathematical ideas before returning to his grand central theme, and examining the possibility that the distributions of wars and revolutions might also obey a power law.
Stockmarkets obey a type of power law when the number of daily price-swings of 1% is, say, eight times the number of days seeing a 2% move, which is in turn eight times the number of 4% days.
Given there are thousands of self-published authors on the Kindle, this does emphasise that self-publishing is just as much of a power law venture as any other, with the majority of the earnings going to a minority of authors.
Thatcher left Britain in a worse situation than before she came to power, Law believes.
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The model explains the power-law behaviour seen in both conventional wars and terrorist attacks.
Mr. Taleb is fascinated by the rare but pivotal events that characterize life in the power-law world.
Power-law patterns are similar to the statistical distributions of seismic activity, which inspires hope of predicting both types of calamity.
Unlike the Emancipation Proclamation, it had the power of law, and Seward predicted, prematurely, that the process of Reconstruction was almost complete.
This non-linear tendency is why complex systems are more likely to follow a power-law probability distribution than the more familiar bell-curve distribution.
And no matter how ridiculous the suit may sound, in legalese-speak both companies do have "tiger"-related trademarks, so never underestimate the power of law to completely confound us all.
Learning about the distribution of earthquakes may not prevent the Big One, but for war and terrorism, power-law statistics may teach governments something about how to defeat the enemy, and make war less deadly.
If we accept Mr. Taleb's premise about power-law ascendancy, we are left with a troubling question: How do you function in a world where accurate prediction is rarely possible, where history isn't a reliable guide to the future and where the most important events cannot be anticipated?
Common law courts have the inherent power to evolve the law, and judicial evolution sidesteps the messy legislative sausage-making process.
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It faces the lobbying power of the law-enforcement industry, most of which opposes any change to the law.
We will use all the power of the law to prevent support reaching illegal organizations, including terrorist groups.
Moreover, as Mark Pauly points out, here Medicare has an advantage over private insurance, by virtue of punitive power of federal law.
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The IRS is seeking to abuse its regulatory power to overturn existing law.
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Opponents, led by a vocal group of Detroit clergy and residents say the law snatches power from elected officials.
But the Quill decision also reminded Congress it had the power to change the law, and now it might do so.
An Oct. 18 article in the Bay Area edition about the legal tussle overstated the state's power under the new law.
No one seemed to eliminate the lightly-discussed argument that Congress had the power to pass the law under its broad taxing authority.
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Congress has the power to pass a law that puts every validated national party (thus including Green, Libertarian, Natural Law, and Socialist) on every state ballot for FEDERAL elections, and also mandating they be included in all debates.
In Nashville, the weather service listed dozens of damage reports across the region: a funnel cloud was reported early Wednesday in Jackson County, there were dozens of reports of downed trees and power lines, and law enforcement reported damage to homes and businesses.
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More importantly, the New York law grants enforcement power to the state's Department of Labor.
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