Tierney and Kadane (1986) presented a simple second-order approximation for posterior expectations of positive functions. They used Laplace's method for asymptotic evaluation of integrals, in which ...

In this paper we derive the explicit, closed-form, recursion-free formulae for the arbitrary-order Fréchet derivatives of the exponential and logarithmic functions in unital Banach algebras (complex ...

Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, ...