Broken Stick Rule

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The broken stick rule refers to the expected sizes of ordered spaces created by random points on a line. If the unit interval is divided into spaces by random points, the expected size of the largest space is . The broken stick rule has been suggested as an explanation for the apparent power law behavior of firm sizes and market shares.

Contributed by: Fiona Maclachlan (March 2011)
Suggested by: John E. Reith
Open content licensed under CC BY-NC-SA




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