Fig 1 - Theory of Financial Risk and Derivative Pricing

4. Shape of the symmetric Lévy distributions with µ = 0.8, 1.2, 1.6 and 2 (this last value actually corresponds to a Gaussian). The smaller µ, the sharper the 'body' of the distribution, and the fatter the tails, as illustrated in the inset.

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Theory of Financial Risk and Derivative Pricing - Scientific Figure on ResearchGate. Available from: https://www.researchgate.net/figure/Shape-of-the-symmetric-Levy-distributions-with-08-12-16-and-2-this-last-value_fig4_227390187 [accessed 19 Apr 2025]

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Fig. 1.4. Shape of the symmetric Lévy distributions with µ = 0.8, 1.2, 1.6 and 2 (this last value actually corresponds to a Gaussian). The smaller µ, the sharper the 'body' of the distribution, and the fatter the tails, as illustrated in the inset.

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<a href="https://www.researchgate.net/figure/Shape-of-the-symmetric-Levy-distributions-with-08-12-16-and-2-this-last-value_fig4_227390187"><img src="https://www.researchgate.net/profile/Jean-Philippe-Bouchaud/publication/227390187/figure/fig4/AS:339876881944586@1458044371875/Shape-of-the-symmetric-Levy-distributions-with-08-12-16-and-2-this-last-value.png" alt="4. Shape of the symmetric Lévy distributions with µ = 0.8, 1.2, 1.6 and 2 (this last value actually corresponds to a Gaussian). The smaller µ, the sharper the 'body' of the distribution, and the fatter the tails, as illustrated in the inset."/></a>