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, ...

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 ...

Strategic business functions, such as accounting, marketing and product development, are dedicated to planning, strategy and analysis. Companies also need to produce goods and services to sell to ...