Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

We provide a generic Monte Carlo method to find the alternative of maximum expected utility in a decision analysis. We define an artificial distribution on the product space of alternatives and states ...

In the last few years, Antarctic sea ice has been behaving erratically. Sea ice cover has been much more variable than it used to be, with anomalies lasting much longer than previously documented.

Co-workers do some armchair theorizing on statistics. By John Hodgman Joseph writes: A co-worker told me that there is a 50-50 chance we are living in a computer simulation. I agree, because ...

It is not often that a comedian gives an astrophysicist goose bumps when discussing the laws of physics. But comic Chuck Nice managed to do just that in a recent episode of the podcast StarTalk. The ...

There’s a new creation story going around. In the beginning, someone booted up a computer. Everything we see around us reflects states of that computer. We are artificial intelligences living in an ...