Probability theory and the Saint Petersburg paradox can help you determine whether the stakes of a game are too great ...

Little progress had been made in solving Ramsey problems since the 1930s. Now, researchers have found the answer to r(4,t), a longstanding Ramsey problem that has perplexed the math world for decades.

Famous game show puzzle: The Monty Hall problem from 'Let’s Make a Deal' challenges players to decide whether to stick or switch after one losing option is revealed. Probability says switch: ...

Scientific American is part of Springer Nature, which owns or has commercial relations with thousands of scientific publications (many of them can be found at www ...