Abstract:
Let $Y$ be a random variable with a completely asymmetric stable law
and parameter $\alpha$. This
paper proves that a probability distribution of a fractional part
of the logarithm of $Y$ with respect
to any base larger than 1 converges to the uniform distribution
on the interval $[0,1]$ for
$\alpha\to 0$. This implies that the distribution of the first
significant digit of $Y$ for
small $\alpha$ can be approximately described by the Benford law.