Power laws
Recognize the mathematical form y = ax^b and distinguish power laws from exponential and linear relationships using real-world examples.
Explain why power laws remain unchanged under scaling transformations and identify self-similar patterns in fractals and natural systems.
Apply the 80/20 rule to real distributions, explain why power laws produce heavy tails, and recognize critical phenomena as phase transitions governed by power laws.
Define critical exponents as measurable powers in power laws near phase transitions and explain why different systems share identical exponents despite different microscopic details.