Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.

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

Discover why the 'Mother of All Sciences' in 2026 is mathematics. Discover its significance in AI, high-energy physics, and ...

Apple TV's Foundation is an iconic series that proves hard sci-fi still has a place in the mainstream and could start a new ...

For four decades, a quiet boundary in pure mathematics kept a powerful theorem locked inside the safe world of finite quantities. Now a new result known as Sebestyen’s theorem has pushed that boundary ...

Abstract: Structured data in the form of labeled graphs (with variable order and topology) may be thought of as the outcomes of a random graph (RG) generating process characterized by an underlying ...

MICHELLE: THE NEXT ROTATION OF ASTRONAUTS TO THE INTERNATIONAL SPACE STATION IS SET TO BLAST OFF IN THE VERY EARLY HOURS TOMORROW MORNING. STEWART: CREW 4’S MISSION HAS BEEN DELAYED SEVERAL TIMES, AND ...

IN his “Scientific Inference”, Dr. Jeffreys has already adumbrated his approach to the theory of probability. The present book is a more systematic presentation of his views, beginning with the ...