James R Wallis, and Benoit B Mandelbrot, Some-Long-Run Properties of Geophysical Records: .
Summary
Chapter 2 presents and comments on some long-run properties of geophysical records and in particular tests the validity of an empirical law Harold Edwin Hurst discovered during his preliminary studies for the future Aswan High dam (Hurst, 1951, 1956; Hurst and others, 1965). We show that this law must be amended, tightened, and hedged, but its essential claim is confirmed. Published in Fractals in the Earth Sciences, in 1969.
Summary
Chapter 2 presents and comments on some long-run properties of geophysical records and in particular tests the validity of an empirical law Harold Edwin Hurst discovered during his preliminary studies for the future Aswan High dam (Hurst, 1951, 1956; Hurst and others, 1965). We show that this law must be amended, tightened, and hedged, but its essential claim is confirmed.
Published in Fractals in the Earth Sciences, in 1969.