Many people mix up odds and probability at casino tables. These words sound the same but mean different things. Knowing both helps you play smarter. The math behind them changes how much you win and ...

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

Predicting how complex stochastic systems respond to small external perturbations is central in physics, climate science, and engineering. We combine the generalized fluctuation–dissipation theorem ...

Charles Institute of Dermatology, School of Medicine, University College Dublin, Dublin 4 D04 V1W8, Ireland ...

The hazard produced by natural phenomena on infrastructure and urban populations has been widely studied in the last 50 years. Researchers have recognised that the real danger posed by these phenomena ...