“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 effectively modeled probabilities.

Tendai Ruben Mbofana The recent disputed elections in Uganda have once again forced an uncomfortable question onto the African conscience: did independence truly liberate African citizens, or did it ...

How the “rally ’round the flag” effect failed for Australian PM Anthony Albanese - and why that failure matters ...

GADSDEN — Jane Elizabeth Burdeshaw said people generally reach out to her with problems, not solutions. However, the Alabama Department of Rehabilitation Services’ commissioner found the situation ...

Three Opinion writers break down the former vice president’s book of excuses. By Michelle Cottle Carlos Lozada and Lydia Polgreen Produced by Vishakha Darbha Three Opinion writers weigh in on Kamala ...

Physicists have derived a quantum version of Bayes’ rule, revealing how beliefs and probabilities update in the quantum realm with potential applications in computing and beyond. Credit: Shutterstock ...

It has only been five days since OpenAI’s long-awaited GPT-5 model was released — and in those five days, we’ve been given countless reasons to conclude that it’s a bit of a dud. As The Information ...

Abstract: Conditional Handover (CHO), introduced in the 16th edition of the 3GPP standard, serves as an alternative to Baseline Handover (BHO). CHO aims to mitigate radio link failures (RLFs) during ...

A recent Delaware Chancery Court opinion offers a significant example of how courts may apply complex probability analysis to determine the amount of damages in an earnout dispute. The case arose from ...