Learn how to trade Super Bowl LX at prediction markets. We explore the legal status of event contracts, account compliance, ...

“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP). It states that if prospect x is preferred to y knowing that Event A ...

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...

Every year on December 22, India celebrates National Mathematics Day, commemorating the birth anniversary of the legendary mathematician Srinivasa Ramanujan. This observance, officially declared by ...

A mysterious and ancient tradition in China involves practitioners who try to predict the future and communicate with the spirit world via a ritual known as rice divination, or mun mai, in the south ...

Ramanujan’s elegant formulas for calculating pi, developed more than a century ago, have unexpectedly resurfaced at the heart of modern physics. Researchers at IISc discovered that the same ...

Google on Wednesday (12 November) featured a special Doodle celebrating the quadratic equation, one of mathematics' most fundamental formulas that has shaped everything from engineering to economics.

A formula developed by Richard Gott estimates humanity may have between 5,100 and 7.8 million years left based on statistical modeling of past durations. Donald Trump impeachment chances surge amid ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

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 ...