“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP).

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...

A UK survey of 975 adults found that 7.5% of those who lost a pet met criteria for prolonged grief disorder, with symptom patterns indistinguishable from human bereavement.

Conditional cash transfer programs have spread to over 60 countries in the past two decades, but little is known about their long-term effects. We estimate the lasting impact of childhood exposure to ...

Mathematicians rely on numbers, but finding words to explain different levels of certainty has stymied everyone from the ...

where $l$ and $u$ are the lower and upper probability bounds, while $\phi$ and $\psi$ denote propositional logic formulas. For example the following two sentences ...

Dec 1 (Reuters) - BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing weak labor market conditions and ...

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 ...

Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.