A discrete distribution is a statistical probability distribution that represents the possible discrete values a variable can take.

The underlying demand framework combines a general, nonparametric discrete choice model with a Bernoulli process of arrivals over time. The choice model is defined by a discrete probability mass ...

The Poisson distribution is a discrete probability distribution. It gives the probability of a certain number of events occurring during a fixed interval. This web calculator allows users to specify ...

Random processes Syllabus Unit 1 : Probability models and axioms Probability models and axioms Mathematical background : Sets; sequences, limits, and series; (un)countable sets. Unit 2 : Conditioning ...

This paper investigates the problem of maximizing expected terminal utility in a discrete-time financial market model with a finite horizon under nondominated model uncertainty. We use a dynamic ...