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.
Investopedia

Bayes' Theorem: What It Is, Formula, and Examples

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 ...
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Arrow's Impossibility Theorem Explained, History, and Example

Reviewed by Robert C. KellyFact checked by Yarilet PerezReviewed by Robert C. KellyFact checked by Yarilet Perez Arrow's impossibility theorem is a social-choice paradox illustrating the flaws of ...

Baudhayana-Pythagoras' Theorem Introduced in Class 8 NCERT Maths Textbook

Instead of presenting the theorem as an abstract formula, the book draws from Baudhayana's Sulba Sutra to explain the concept ...
The Conversation

Bayes’ Theorem: the maths tool we probably use every day, but what is it?

Mike Lee receives relevant research funding from the Australian Research Council, the Australia-Pacific Science Foundation, and Flinders University. Benedict King receives funding from the Australian ...
Quanta Magazine

How Bell’s Theorem Proved ‘Spooky Action at a Distance’ Is Real

We take for granted that an event in one part of the world cannot instantly affect what happens far away. This principle, which physicists call locality, was long regarded as a bedrock assumption ...
The Conversation

Proving Fermat’s last theorem: 2 mathematicians explain how building bridges within the discipline helped solve a centuries-old mystery

Maxine Calle is a 2023 AAAS Mass Media Fellow at The Conversation U.S. and she receives funding from the National Science Foundation. David Bressoud does not work for, consult, own shares in or ...