For centuries, the Pythagorean Theorem has occupied a unique position in mathematics: both elementary and profound. Its ...
Chris Wiggins, an associate professor of applied mathematics at Columbia University, offers this explanation. A patient goes to see a doctor. The doctor performs a test with 99 percent ...
Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.
The Rockmore theorem made its first—and perhaps only—named appearance in print in 1977, in the journal Physics Letters, Volume 72B, No. 4. A photocopy of the journal page hung on my father’s office ...
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 ...