Discover how risk-neutral probabilities adjust for risk and ensure fair asset pricing in financial markets; explore their ...

CEOs and CFOs of our portfolio companies often ask us, “How aggressive should we be when we set our budget? We want to grow as fast as possible and invest in our exciting new programs. But if we aim ...

Understanding how external stimuli give rise to sensory percepts and how individual sensory neurons support this process are central questions of systems neuroscience. One of the crucial requirements ...

"Yes or no: was there once life on Mars?" I can't say. "What about intelligent life?"' That seems most unlikely, but again, I can't really say. The simple yes-or-no framework has no place for shadings ...

Have you ever gone to the phone to call a friend only to have your friend ring you first? What are the odds of that? Not high, to be sure, but the sum of all probabilities equals one. Given enough ...

Introduction Have you ever heard anyone say the chance of something happening is “50–50”? What does that actually mean? This phrase has something to do with probability. Probability tells you how ...