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World Scientific Publishing Company
Benford's Law : Theory, the General Law of Relative Quantities, and Forensic Fraud Detection Applications
Product Code:
9789814651202
ISBN13:
9789814651202
Condition:
New
$71.01
Benford's Law : Theory, the General Law of Relative Quantities, and Forensic Fraud Detection Applications
$71.01
This leads to the key finding that the phenomenon is actually quantitative in nature. Why? The author illustrates that in extreme generality, nature creates many small quantities but very few big quantities, corroborating the motto "small is beautiful", and that therefore all this is applicable just as well to data written in the ancient Roman, Mayan, Egyptian, and other digit-less civilizations. Fraudsters are typically not aware of this digital pattern and tend to invent numbers with approximately equal digital frequencies. The digital analyst can easily check reported data for compliance with this digital law, enabling the detection of tax evasion, Ponzi schemes, and other financial scams.
| Author: Alex Ely Kossovsky |
| Publisher: World Scientific Publishing Company |
| Publication Date: Oct 13, 2014 |
| Number of Pages: NA pages |
| Language: English |
| Binding: Paperback |
| ISBN-10: 9814651206 |
| ISBN-13: 9789814651202 |
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