Discover how continuous contracts in reinsurance work, their benefits, and how they differ from standard contracts without ...

This research provides density functions and descriptive statistics for the distance between points for basic shapes in Cartesian space. Both Euclidean and Rectilinear Distances are determined for ...

This work describes an engineering methodology incorporating the statistics of microcracks and a probability distribution of the (local) fracture stress to assess the effects of constraint loss and ...

While Pablo Picasso was much better known for his artistic skills than his business acumen, one of his well-known quotes provides a valuable warning for corporate leaders: “Success is dangerous.” ...

ABSTRACT: This paper presents a game theory-based method for predicting the outcomes of negotiation and group decision-making problems. We propose an extension to the BDM model to address problems ...

Probability distribution is an essential concept in statistics, helping us understand the likelihood of different outcomes in a random experiment. Whether you’re a student, researcher, or professional ...

Quantum annealing (QA) can be competitive to classical algorithms in optimizing continuous-variable functions when running on appropriate hardware, show researchers from Tokyo Tech. By comparing the ...

In the domain of reasoning under uncertainty, probabilistic graphical models (PGMs) have long been a prominent tool for data analysis. These models provide a structured framework for representing ...