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

It’s a breakthrough in the field of random walks.

Betting on issues of national security, like war, introduces perverse motives like insider trading. It also risks normalizing ...

Whether it’s crypto, prediction markets or union scandals, corruption is no longer hidden and only a rort if you’re not in on it in this new transactional world.

AI could soon spew out hundreds of mathematical proofs that look "right" but contain hidden flaws, or proofs so complex we ...

Blizzards are a real-life example of what game theorists call the “snowdrift problem,” a cousin of the prisoner’s dilemma ...

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 ...

Since ancient Greece, researchers have tried to isolate special rational points on curves. Now they have the first ever formula that applies uniformly to all curves ...

Looking for help with today's New York Times Pips? We'll walk you through today's puzzle and help you match dominoes to tiles ...

The addition rule for probabilities determines the chance of either mutually exclusive or overlapping events happening, using ...

Name, image and likeness (NIL) deals have flooded college sports with hundreds of millions of dollars — but universities and team general managers have been operating with little formal oversight, ...