On the physical relevance of max- and log-max-selfsimilar distributions

Abstract:

This work emphasizes the special role played by max-semistable and log-max-semistable distributions as relevant statistical models of various observable and “internal” variables in Physics. Some of their remarkable properties (chiefly self-similarity) are displayed in some detail. One of their characteristic features is a log-periodic variation of the scale parameter which appears in the stable extreme value distributions.