On several occasions in the history of science, different areas of research, sharing a priori nothing in common and sometimes belonging to completely different fields of science, were shown to be ...

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 ...

Bayes' theorem, also called Bayes' rule or Bayesian theorem, is a mathematical formula used to determine the conditional probability of events. The theorem uses the power of statistics and probability ...

Last month I reviewed the excellent book, Superforecasting by Dan Gardner and Philip E. Tetlock. Now while we can’t predict the future, we certainly can create a model for the probability of an event ...

A British scientist has created a complex mathematical equation to try and understand love. Suki Finn, a postdoctoral research fellow in philosophy at the University of Southampton, has created a way ...

It’s estimated that human adults make about 35,000 decisions a day — the percentage of good decisions depends on the adult. These choices can be as banal as deciding to roll or crumple toilet paper or ...