Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Somer G. Anderson is CPA, doctor of accounting, and an accounting ...

The Poisson distribution is a discrete probability distribution. It gives the probability of a certain number of events occurring during a fixed interval. This web calculator allows users to specify ...

We consider a discrete-time risk process driven by proportional reinsurance and an interest rate process. We assume that the interest rate process behaves as a Markov chain. To reduce the risk of ruin ...

Since releasing this working paper, the authors have published an update to their work in the journal Climate Risk Management (Vol 44, 2024). How likely is it that global warming will exceed 3°C in ...

A dermal patch is designed to activate some targeted receptors. On Day 1, the patch releases one dose of medicine, which latches onto a receptor and makes it active. On Day 2, the patch releases two ...