{"record_type":"pith_number_record","schema_url":"https://pith.science/schemas/pith-number/v1.json","pith_number":"pith:2016:3TW2CFO4LWDXI2PWEUPN3HXW3D","short_pith_number":"pith:3TW2CFO4","schema_version":"1.0","canonical_sha256":"dceda115dc5d877469f6251edd9ef6d8f2ed9e992d14ecb5382a87ffe1a0aa7a","source":{"kind":"arxiv","id":"1602.00256","version":1},"attestation_state":"computed","paper":{"title":"Some Contra-Arguments for the Use of Stable Distributions in Financial Modeling","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["q-fin.MF"],"primary_cat":"stat.AP","authors_text":"Ashot V. Kakosyan, Greg Temnov, Lev B. Klebanov","submitted_at":"2016-01-31T14:46:06Z","abstract_excerpt":"In the present paper, we discuss contra-arguments concerning the use of Pareto-Lev\\'y distributions for modeling in Finance. It appears that such probability laws do not provide sufficient number of outliers observed in real data. Connection with the classical limit theorem for heavy-tailed distributions with such type of models is also questionable. The idea of alternative modeling is given."},"verification_status":{"content_addressed":true,"pith_receipt":true,"author_attested":false,"weak_author_claims":0,"strong_author_claims":0,"externally_anchored":false,"storage_verified":false,"citation_signatures":0,"replication_records":0,"graph_snapshot":true,"references_resolved":false,"formal_links_present":false},"canonical_record":{"source":{"id":"1602.00256","kind":"arxiv","version":1},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"stat.AP","submitted_at":"2016-01-31T14:46:06Z","cross_cats_sorted":["q-fin.MF"],"title_canon_sha256":"d28361403623d16f47c2861f9686fcafac87f333d2eab0ddb70d63256863fa00","abstract_canon_sha256":"5a6eb1984df8c5372d68b4bb8e0269ebb4f5a74a83ac261471b9fe0df0ff39c6"},"schema_version":"1.0"},"receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-05-18T01:21:35.881941Z","signature_b64":"C2DE71FpMmOPcp3MQLIlJop3JVp0h5/dVWwRs2M0ZyjLpBGNXog4gEtNlT8GR51/9p7UVL7IEiE4po/UDiKsAQ==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"dceda115dc5d877469f6251edd9ef6d8f2ed9e992d14ecb5382a87ffe1a0aa7a","last_reissued_at":"2026-05-18T01:21:35.881339Z","signature_status":"signed_v1","first_computed_at":"2026-05-18T01:21:35.881339Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"graph_snapshot":{"paper":{"title":"Some Contra-Arguments for the Use of Stable Distributions in Financial Modeling","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["q-fin.MF"],"primary_cat":"stat.AP","authors_text":"Ashot V. Kakosyan, Greg Temnov, Lev B. Klebanov","submitted_at":"2016-01-31T14:46:06Z","abstract_excerpt":"In the present paper, we discuss contra-arguments concerning the use of Pareto-Lev\\'y distributions for modeling in Finance. It appears that such probability laws do not provide sufficient number of outliers observed in real data. Connection with the classical limit theorem for heavy-tailed distributions with such type of models is also questionable. The idea of alternative modeling is given."},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1602.00256","kind":"arxiv","version":1},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"aliases":[{"alias_kind":"arxiv","alias_value":"1602.00256","created_at":"2026-05-18T01:21:35.881443+00:00"},{"alias_kind":"arxiv_version","alias_value":"1602.00256v1","created_at":"2026-05-18T01:21:35.881443+00:00"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1602.00256","created_at":"2026-05-18T01:21:35.881443+00:00"},{"alias_kind":"pith_short_12","alias_value":"3TW2CFO4LWDX","created_at":"2026-05-18T12:29:58.707656+00:00"},{"alias_kind":"pith_short_16","alias_value":"3TW2CFO4LWDXI2PW","created_at":"2026-05-18T12:29:58.707656+00:00"},{"alias_kind":"pith_short_8","alias_value":"3TW2CFO4","created_at":"2026-05-18T12:29:58.707656+00:00"}],"events":[],"event_summary":{},"paper_claims":[],"inbound_citations":{"count":0,"internal_anchor_count":0,"sample":[]},"formal_canon":{"evidence_count":0,"sample":[],"anchors":[]},"links":{"html":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D","json":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D.json","graph_json":"https://pith.science/api/pith-number/3TW2CFO4LWDXI2PWEUPN3HXW3D/graph.json","events_json":"https://pith.science/api/pith-number/3TW2CFO4LWDXI2PWEUPN3HXW3D/events.json","paper":"https://pith.science/paper/3TW2CFO4"},"agent_actions":{"view_html":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D","download_json":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D.json","view_paper":"https://pith.science/paper/3TW2CFO4","resolve_alias":"https://pith.science/api/pith-number/resolve?arxiv=1602.00256&json=true","fetch_graph":"https://pith.science/api/pith-number/3TW2CFO4LWDXI2PWEUPN3HXW3D/graph.json","fetch_events":"https://pith.science/api/pith-number/3TW2CFO4LWDXI2PWEUPN3HXW3D/events.json","actions":{"anchor_timestamp":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D/action/timestamp_anchor","attest_storage":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D/action/storage_attestation","attest_author":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D/action/author_attestation","sign_citation":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D/action/citation_signature","submit_replication":"https://pith.science/pith/3TW2CFO4LWDXI2PWEUPN3HXW3D/action/replication_record"}},"created_at":"2026-05-18T01:21:35.881443+00:00","updated_at":"2026-05-18T01:21:35.881443+00:00"}