“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 ...

The risk of a new round of Israeli strikes against Iran is shaped less by a discrete ‘decision’ than by an unstable equilibrium left unresolved by diplomacy, deterrence signaling, and regional ...

Conditional wills protect dependants and guide behaviour, but unclear wording increases scrutiny and disputes, making them a powerful, yet risky, estate planning tool. Learn which conditions are ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

BOSTON – Boston Bruins General Manager Don Sweeney announced today, March 7, that the team has acquired a 2027 conditional second-round draft pick from the Florida Panthers in exchange for forward ...

1 Department of Plant Pathology, The Ohio State University, Wooster, OH, United States 2 Center for Integrated Fungal Research, Department of Entomology and Plant Pathology, North Carolina State ...

Seven horses dead as champion trainers left 'devastated' New type of cosmic object spotted. Here's why astronomers are on cloud-9 Why Elon Musk says saving for retirement will be 'irrelevant' in the ...