It is shown that the general four-wave kinetic equation for the spectrum of
swell can be greatly simplified owing to spectrum narrowness. A dimensiona
l analysis of the equations of the directional approximation makes it possi
ble to write them in a self-similar form and to obtain analytical power-law
time dependences for the main parameters of the swell spectrum-frequency o
f a spectral peak omega(m), wave energy e, and others. It is also shown tha
t the corresponding self-similar system of equations describing the nonline
ar evolution of the swell spectrum has an analytical solution, which determ
ines a self-similar form of the swell spectrum.