Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

This paper considers a class of simultaneous equation models with both discrete and continuous random variables based on normally distributed latent random variables. The model set forth here contains ...

Abstract: Optimal design of distributed decision policies can be a difficult task, illustrated by the famous Witsenhausen counterexample. In this paper we characterize the optimal control designs for ...

Abstract: We consider the problem of learning the dependence of one random variable on another, from a finite string of independently identically distributed (i.i.d.) copies of the pair. The problem ...

Several theorems are stated which are useful in establishing whether a given sequence of averages of independent but not identically distributed random variables does or does not satisfy the weak ...