Abstract
The Double Trace Moment method for the estimation of parameters of universal multifractal measures is revisited. It is found that the method applies strictly to bare measures but is approximate for dressed measures, which are the only observable ones. The approximation stems from the fact that the double dressed moments used by the method do not scale as required to produce unbiased estimates of the parameters. Modified moments are proposed, which correctly scale for both bare and dressed measures. The original and modified methods are compared theoretically and numerically. Conditions under which the original method gives accurate and heavily biased estimates are identified.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
