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Ath: Most theists don't appreciate how contingent and path-dependent the development of their religious tenets has been.
It is important to stress that the distinction between the local and global problems is not related to the concept of path-independent contingent claims or the Markov property of the underlying model for primary risky assets.
Note that the valuation problem described above can be inherently global even when the stock price is governed under the real-world probability measure by Markovian dynamics and the contract under study is a standard call or put option (or any other path-independent contingent claim).
The Senate bill offers a 13-year path for most, contingent on paying fines, learning English and meeting other qualifications.
As the setup is non-Markovian, the contingent claim could clearly be path-dependent.
During his speech, Mr. Paul implied that a path to citizenship that was contingent on securing America's borders.
On the Confucian view other persons are not merely accidental or contingent to my goal of following the path of being as fully human as possible, they are fundamental to it.
Historical institutionalists highlight institutions' path-dependent effect, whereby the contingent choice of one institution over another for example, private over public provision of pensions results in political actors' investment in adaptation to the selected institution and therefore in its durability and in stable divergence of countries' institutional forms.
Among the main differences is whether to make the path to citizenship for illegal immigrants contingent on stricter border controls and visa procedures.
The path to citizenship would also be contingent on a new enforcement measure to track the status of immigrants who may have overstayed visas, the document said.
A federal judge in the case even led an impromptu field trip to the museum; federal marshals cleared a path of tourists for the suit-wearing contingent.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com