Dutch Book Theorem Explained: Profit from Misjudged Probabilities

Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.

How your brain keeps time: Consistent probability calculations help you react rapidly

Humans respond to environments that change at many different speeds. A video game player, for example, reacts to on-screen ...

Website Plays the Lottery Every Second, Puts the Pitiless Nature of Probability on Full Display

The continued existence of lotteries is a demonstration of how little intuition humans have for probability. On some level, ...
IEEE

Simple Bounds on Delay-Constrained Capacity and Delay-Violation Probability of Joint Queue and Channel-Aware Wireless Transmissions

Abstract: The emerging Ultra-Reliable and Low-Latency Communication (URLLC) is expected to meet a hard or probabilistic delay constraint that plays a key role in Time Sensitive Networking (TSN) and ...
JSTOR Daily

The Annals of Probability

This title is part of a longer publication history. The full run of this journal will be searched. TITLE HISTORY A title history is the publication history of a journal and includes a listing of the ...

BitMart Officially Launches Prediction Market, Supporting Crypto and Popular Event Forecast Trading

Global leading digital asset trading platform BitMart today announced the official launch of its new product, Prediction ...