Dutch Book Theorem Explained: Profit from Misjudged Probabilities

Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.

Higher intake of food preservatives linked to increased cancer risk

A higher intake of food preservatives, widely used in industrially processed foods and beverages to extend shelf-life, is ...
BMJ Global Health

Public preferences and decision-making for mpox vaccination in the African region: a multinational discrete choice experiment

Introduction After the WHO prequalified the first vaccine against mpox, we aimed to identify the influence of vaccine ...
IEEE

Polynomial-Based Gain-Scheduling Mechanism of Fuzzy Markov Jump System With Incomplete Transition Probability Information With Experimental Validation

Abstract: This article investigates the stabilization problem of fuzzy Markov jump systems (F-MJSs) with incomplete transition probability (TP) information. Existing methods for handling partially ...
Chemistry World

Probability model guides synthesis of interwoven catenane structure

A simple mathematical model has helped chemists selectively synthesise a novel interwoven catenane structure. Researchers say models such as these may help improve chemists’ understanding of how to ...
Investopedia

Empirical Probability: What It Is and How It Works

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 ...
Frontiers

Multiple-point geostatistical modeling for fault-controlled tight sandstone reservoirs based on probability fusion of permanence of ratios: a tight sandstone oil reservoir in ...

1 College of Geosciences, China University of Petroleum (Beijing), Beijing, China 2 National Key Laboratory of Petroleum Resources and Engineering, China University of Petroleum (Beijing), Beijing, ...
Dark Reading

Why Cybersecurity Needs Probability — Not Predictions

Many cybersecurity leaders kick off each new year with predictions for the year to come. You may have seen a deluge of them over the last month or so: "Cyberattacks will continue to be a problem." ...