Easily ranking among the most agonizing options-based ideas, Uber Technologies ($UBER) nevertheless presents a nuanced ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Abstract: Chow and Liu considered the problem of approximating discrete joint distributions with dependence tree distributions where the goodness of the approximations were measured in terms of KL ...

Sampling from probability distributions with known density functions (up to normalization) is a fundamental challenge across various scientific domains. From Bayesian uncertainty quantification to ...

Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...

Private foundations contribute a staggering $105.21 billion to public charities annually, representing $1 out of every $5 donated. Internal Revenue Code Section 4942 requires private nonoperating PFs ...