This paper presents a new theory of multipath shape factors that greatly si
mplifies the description of small-scale fading statistics of a wireless rec
eiver. A method is presented for reducing a multipath channel with arbitrar
y spatial complexity to three shape factors that have simple intuitive geom
etrical interpretations. Furthermore, these shape factors are shown to desc
ribe the statistics of received signal fluctuations in a fading multipath c
hannel. Analytical expressions for level-crossing rate, average fade durati
on, envelope autocovariance, and coherence distance are all derived using t
he new shape factor theory and then applied to several classical examples f
or comparison.