This important study reports three experiments examining how the subjective experience of task regularities influences perceptual decision-making. Although the evidence linking subjective ratings to ...

Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.

"All the way back, it dated to the Monroe Doctrine. And the Monroe Doctrine is a big deal, but we've superseded it by a lot, by a real lot. They now call it the 'Donroe Doctrine'." This remark ...

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 ...

Many people mix up odds and probability at casino tables. These words sound the same but mean different things. Knowing both helps you play smarter. The math behind them changes how much you win and ...

Humans respond to environments that change at many different speeds. A video game player, for example, reacts to on-screen ...

Holly Cummins gave a keynote at Goto Copenhagen where she urged developers to care about overlooked issues that shape their ...

Scientists have uncovered a new explanation for how swimming bacteria change direction, providing fresh insight into one of ...

Background The relationship of social determinants of health (SDOH), environmental exposures and medical history to lung function trajectories is underexplored. A better understanding of these ...

Discover how Markov chains predict real systems, from Ulam and von Neumann’s Monte Carlo to PageRank, so you can grasp ...

Poker is a game of skill, intuition, and mathematics. Whether you’re playing for pennies at a home game or a high-stakes tournament, understanding poker hand odds and probabilities can make the ...