Probability density function is a statistical expression defining the likelihood of a series of outcomes for a continuous variable, such as a stock or ETF return.

In cases where the utility function is increasing with upper and lower bounds then the utility function can be characterized by a distribution function, and we can take advantage of the various ...

A set of multiform distribution functions is defined, and the generalized continuity equations satisfied by these functions are derived. By introducing the equations of motion, a set of relations is ...