Scientific American

How math can reveal lottery fraud

In one day, 433 people won the Philippine lottery jackpot. What were the chances? On October 1, 2022, something strange ...
Scientific Research Publishing

An Inequality for Experimentally Testing the Violation of Savage’s Sure-Thing Principle ()

“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP). It states that if prospect x is preferred to y knowing that Event A ...

How to Use Bayesian Methods for Accurate Financial Forecasting

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...
IEEE

Short-Term Load Probability Prediction Based on Conditional Generative Adversarial Network Curve Generation

Abstract: To ensure the stable and secure operation of the power system, we propose a method for short-term load probability prediction based on Conditional Generative Adversarial Network (CGAN) curve ...
IEEE

Sup-Inf/Inf-Sup Problem on Choice of a Probability Measure by Forward–Backward Stochastic Differential Equation Approach

Abstract: This article presents a problem on model uncertainties in stochastic control, in which an agent assumes a best case scenario on one risk and at the same time a worst case scenario on another ...