Dutch Book Theorem Explained: Profit from Misjudged Probabilities

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

Understanding Binomial Trees: Definitions, Examples, and Calculations

Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...
The New York Times

She Has Taken 30 Years to Write a 7-Part Novel About 1 Day. It’s a Sensation.

The Danish author Solvej Balle’s experimental opus reframes the tedium of contemporary life as a source of unexpected wonders. Solvej Balle in her garden in Denmark.Credit...Giulia Mangione for The ...
San Francisco Fed

Interest Rate Probability Distributions

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...
NerdWallet

Taxable Income: Definition, How to Calculate It

Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability. Many, or all, of the products featured on this page are from our advertising ...
CNN

The ‘godfather of AI’ reveals the only way humanity can survive superintelligent AI

Geoffrey Hinton, known as the “godfather of AI,” fears the technology he helped build could wipe out humanity — and “tech bros” are taking the wrong approach to stop it. Hinton, a Nobel Prize-winning ...
Space.com

How do scientists calculate the probability that an asteroid could hit Earth?

This article was originally published at The Conversation. The publication contributed the article to Space.com's Expert Voices: Op-Ed & Insights I was preparing for my early morning class back in ...
Knowridge

How do scientists calculate the probability that an asteroid could hit Earth

The orbit of 2024 YR4 will take it close to Earth, but scientists have found the chance of a collision to be exceedingly low. Credit:NASA/JPL. I was preparing for my early morning class back in ...
Huron Daily Tribune

How do scientists calculate the probability that an asteroid could hit Earth?

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Toshi Hirabayashi, Georgia Institute of Technology (THE CONVERSATION) I was preparing ...
The Conversation

How do scientists calculate the probability that an asteroid could hit Earth?

I have been studying planetary defense, particularly being part of past, ongoing, and future small body missions. I was part of the NASA/DART mission. I am currently part of the NASA/Lucy mission and ...
Vogue

Hair No Longer Full of Secrets, Kylie Jenner Drops Her Big Bouncy Hair Tutorial

Finally, the hair tutorial everyone was asking for. Kylie Jenner delivered on the blowout full of secrets. Following up a week of radical beauty and body transparency, Jenner once again took to TikTok ...