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Conventionally, key-scheduling algorithm (KSA) of a cryptographic scheme runs for predefined number of steps. We suggest a different approach by utilization of randomized stopping rules to generate pe...
SHUFFLING CARDS AND STOPPING TIMES.
We derive explicit recursive formulas for Target Close (TC) and Implementation Shortfall (IS) in the Almgren-Chriss framework. We explain how to compute the optimal starting and stopping times for IS ...
The decomposability property of Levy class L of probability distributions, on a Banach space, is extended to a family of stopping times associated with background driving Uvy processes (BDLP). As c...
In this work we study drawdowns and drawups of general diffu-sion processes. The drawdown process is defined as the current drop of the process from its running maximum, while the drawup process is de...
A novel quickest detection setting is proposed which is a generalization of the well-known Bayesian changepoint detection model. Suppose {(Xi, Yi)}i1 is a sequence of pairs of random variables, and t...

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