This paper contains inequalities for the expectations of permutation-invariant concave functions and Schur-concave functions of the partial sums of nonnegative exchangeable random variables. Two ...

Stein's method has emerged as a critical framework in the study of distributional approximations, providing quantitative bounds between probability distributions through the formulation and solution ...

Journal of Applied Probability, Vol. 13, No. 2 (Jun., 1976), pp. 361-364 (4 pages) We give an expression for the expectation of max (0, S1, ⋯, Sn) where Sk is the kth partial sum of a finite sequence ...

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 ...