Empirical modeling involves the development of models that explain, predict, or simulate a particular aspect of the world, rather than purely theoretical or abstract principles. Empirical modeling ...

Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional ...

The six-vertex model is a paradigmatic framework in statistical mechanics, originally introduced to capture the essential physics of ice-type systems. By assigning one of six allowed configurations to ...

ESG indices in emerging markets often lack long, transparent historical records, making them difficult to analyze with ...