Alberts, Tom; Rifkind, Ben - In: Stochastic Processes and their Applications 124 (2014) 2, pp. 1141-1169
A multiplicative cascade can be thought of as a randomization of a measure on the boundary of a tree, constructed from an iid collection of random variables attached to the tree vertices. Given an initial measure with certain regularity properties, we construct a continuous time, measure-valued...