We provide a generic Monte Carlo method to find the alternative of maximum expected utility in a decision analysis. We define an artificial distribution on the product space of alternatives and states ...
Get the latest Treasury yield forecasts, risk analysis, and default probabilities affecting investors. Click for my latest ...
Most likely range for 3-month bill yields in 10 years remained in the 0% to 1% range. The probability of being in this range is only 0.02% higher than the probability of the 1% to 2% range.
The center will unite mathematicians, engineers and computer scientists at Brown, NYU and Georgia Tech to tackle longstanding ...
The following four new calculation schemes were implemented and validated through numerical experiments. A surface layer turbulence scheme using a new calculation formula that eliminates the ...
Scientists have used probability simulations to come to an estimate on the number of alien civilizations that might exist in our Milky Way galaxy, and the number they've arrived at is pretty specific: ...
Journal of Coastal Research, SPECIAL ISSUE NO. 103. Global Topics and New Trends in Coastal Research: Port, Coastal and Ocean Engineering (SUMMER 2020), pp. 839-842 (4 pages) In order to improve the ...