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 ...

Copulas are functions that enable the construction of multivariate probability distributions by binding together univariate marginal distributions. Central to probability theory, they allow ...

This is a preview. Log in through your library . Abstract We derive conditions under which a set of conditional and marginal probability distributions will uniquely specify an all-positive joint ...

We study the properties of the set of marginal distributions of infinite translation-invariant systems in the two-dimensional square lattice. In cases where the local variables can only take a small ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...