Suppose one wishes to compare two closely related systems via stochastic simulation. Common random numbers (CRN) involves using the same streams of uniform random variates as inpu...
Copulas are used in finance and insurance for modeling stochastic dependency. They comprehend the entire dependence structure, not only the correlations. Here they are estimated ...
We consider the number of nodes in the levels of unlabelled rooted random trees and show that the stochastic process given by the properly scaled level sizes weakly converges to th...
In this paper we derive estimates of the sample sizes required to solve a multistage stochastic programming problem with a given accuracy by the (conditional sampling) sample aver...
It has been observed that the degrees of the topologies of several communication networks follow heavy tailed statistics. What is the impact of such heavy tailed statistics on the...