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 ...

The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and applications of statistics and probability. The Institute was formed at a ...

Journal of Applied Probability, Vol. 12, No. 1 (Mar., 1975), pp. 78-86 (9 pages) By using a cluster representation of the mutually-exciting processes their probability generating functional is derived ...