Wins Above Replacement (WAR) is a baseball statistic that seeks to estimate a player's value to his team by comparing him to a mediocre "replacement level" player that can be brought up from the minor ...

Financial markets are often seen as chaotic and unpredictable. Every day, traders around the world buy shares and sell assets in a whirlwind of activity. It looks like a system of total randomness—but ...

Entanglement and non-locality are two of the defining features of quantum mechanics, and they both have a profound and far-reaching connection with randomness. Writing in Nature Physics 1, Roger ...