“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP).
Don’t be surprised by the yo-yo-like movement of the Nifty and Sensex. In fact, get used to it. There is a greater ...
The world today is marked by paradox. Never before has humanity possessed such extraordinary scientific knowledge, ...
For three decades, the classic 4% rule has been the shorthand answer to a brutally complex question: how much you can safely ...
With half the basketball season complete and a quarter of the conference schedule in the books, it’s time to take a serious ...
Discover how Markov chains predict real systems, from Ulam and von Neumann’s Monte Carlo to PageRank, so you can grasp ...
Mathematicians rely on numbers, but finding words to explain different levels of certainty has stymied everyone from the ...
Despite the Utah Mammoth having the second-worst point percentage in the NHL since Oct. 27, they find themselves just one point out of a Western Conference wild card playoff spot as we creep up on the ...
The New York State Education Department is pushing new math guidelines, including a recommendation that teachers stop giving timed quizzes — because it stresses students out. The new guidelines also ...
In a recent study, mathematicians from Freie Universität Berlin have demonstrated that planar tiling, or tessellation, is much more than a way to create a pretty pattern. Consisting of a surface ...
If I ever encounter device issues in Windows, say to my keyboard, printer, Bluetooth, USB, or audio playback I use the Microsoft Support Diagnostic Tool (MSDT) which can run diagnostic packs to ...
You probably don’t need more time. By Jancee Dunn When I look back on all the major decisions I’ve dithered over, I could scream. It took me a decade to commit to becoming a parent. I wavered for a ...