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 ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

We study first passage percolation (FPP) on the configuration model (CM) having power-law degrees with exponent τ ∈ [1, 2) and exponential edge weights. We derive the distributional limit of the ...

This paper considers a germ-grain model for a random system of non-overlapping spheres in Rd for d=1, 2 and 3. The centres of the spheres (i.e. the 'germs' for the 'grains') form a stationary Poisson ...