The Department of Mathematics & Statistics, Kennedy College of Sciences invites you to attend a colloquium talk. This is an in-person event, but Zoom participation is also possible. All are welcome.

The Journal of Business, Vol. 79, No. 2 (March 2006), pp. 941-961 (21 pages) In this paper, we construct a new variance bound on any stochastic discount factor (SDF) of the form \documentclass{aastex} ...

Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.

Extinction risk in natural populations depends on stochastic factors that affect individuals, and is estimated by incorporating such factors into stochastic models 1,2,3,4,5,6,7,8,9. Stochasticity can ...