Stochastic optimization is a naturally attracting more attention in order to handle the growing size of data....

Continuous-time Markov chains are widely used as models for stochastic counting processes in molecular evolution....

The minorization–maximization(MM)principle is an important and useful tool in the design of optimization algorithms for......

　　In this paper, some statistical models for financial risk measurement, contagion and default probability (such Quant......