LANCASTER - When you ask a candidate running for council or a resident what problems need to be addressed in the city, street repairs are usually the second item listed behind the drug epidemic. While ...

Ruin probability quantifies the risk that an insurer or financial institution’s liabilities may exceed its assets, ultimately leading to insolvency. Recent advancements in risk management have ...

A creditor may place a bank levy on your account to collect on an unpaid debt. With a bank levy in place, your account will be frozen until the creditor takes the money you owe directly from your ...

Your issue of Feb. 1 carried a letter from me urging support for an Edmonds School District Technology/Capital Levy that will be on the May 20, 2008, ballot. I stated that this levy is not only ...

We consider the optimal prediction problem of stopping a spectrally negative Lévy process as close as possible to a given distance b ≥ 0 from its ultimate supremum ...

Stochastic processes have been applied to various areas of research to model systems that evolve probabilistically over time. By the 1930s, Brownian motion (i.e. the random movement of microscopic ...

Abstract. We prove gradient estimates for harmonic functions with respect to a d-dimensional unimodal pure-jump Lévy process under some mild assumptions on the density of its Lévy measure. These ...