We present the thermodynamics of two variations of the interacting par
tially directed self-avoiding walk problem by discussing versions wher
e the length of the walks assume real as well as a integral values. Wh
ile the discrete model has been considered previously to varying degre
es of success, the continuous model we now define has not. The examina
tion of the continuous model leads to the exact derivation of several
exponents. For the discrete model some of these exponents can be calcu
lated using a continued-fraction representation. For both models the c
rossover exponent phi is found to be 2/3. Moreover, we confirm the tri
critical nature of the collapse transition in the generalized ensemble
and calculate the full scaling form of the generating function. Addit
ionally, the similarities noticed previously to other models, but left
unexplored, are explained with the aid of necklacing arguments.