Probability underlies much of the modern world – an engineering professor explains how it actually works

Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, “Probability is the ...
Investopedia

Prior Probability: Examples and Calculations of Economic Theory

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 ...
Forbes

Preparing For High-Impact, Low-Probability Events: Lessons From Eyjafjallajökull

Welcome to my new blog here on Forbes.com. Over the new few months I’m going to be talking about a couple of quite disparate but fascinating areas: book publishing and high-impact low-probability ...