Can discretely sampled financial data help us decide which continuous-time models are sensible? Diffusion processes are characterized by the continuity of their sample paths. This cannot be verified ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...

At each sampling time instant, one observes system output and action to form discrete-time rewards. The sampled input-output data are collected along the trajectory of the dynamical system in ...

A method to replace a continuous univariate distribution with a discrete distribution that takes MN different values is analysed. Both distributions share the same rth moments for r = 0,..., 2N - 1 ...