Abstract: This paper addresses the problem of designing nonlinear discrete-time dynamical systems for prospective use in low-complexity random signal generators. Drawing upon ergodic systems theory, ...

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.

After many weeks of cogitation and cautious explanation, the New York Stock Exchange last week raised a phrase of Wall Street’s vocabulary from obscurity to national import and significance. The ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

BASIC Home Loan has secured $10.6 million in Series B funding to expand market reach, enhance technology, and build its lending portfolio. The company has processed loans totalling $12 billion and ...

AMC Networks and Spectrum parent Charter Communications have reached an early renewal for their multiyear carriage deal. Top AMC series include “The Walking Dead” franchise, the Annie Rice adaptations ...

The host invites you to pick a door, any door. Let’s say you pick door one. The host throws open one of the doors you did not select, revealing a goat. Then the host gives you the option of switching ...