Discover how Markov chains predict real systems, from Ulam and von Neumann’s Monte Carlo to PageRank, so you can grasp ...

Abstract: In the context of Bayesian inversion for scientific and engineering modeling, Markov chain Monte Carlo (MCMC) sampling strategies have become the benchmark due to their flexibility and ...

Many Americans know that Dave Thomas named Wendy's after his daughter — but fewer probably know he had reservations about his choice. Wendy Thomas was just 8 years old when her father founded the ...

Abstract: Microgrids can improve the reliability and resiliency of modern distribution systems. The stochasticity of local non-dispatchable distributed energy resources (NDDERs), combined with the ...

In the new era, supply chain finance (SCF), as an emerging financial model, has gradually become an important means for enterprises to develop and improve supply chain efficiency. The continuous ...

Advanced tactics in market manipulation accompany the rapid growth in cryptocurrency. Among the most deceptive practices is wash trading, an illegal technique that involves simultaneously selling and ...