Discover how multivariate models use multiple variables for investment forecasting, risk analysis, and decision-making in ...

The Monte Carlo simulation estimates the probability of different outcomes in a process that cannot easily be predicted because of the potential for random variables.

Here’s how an AI-powered trader earned $2.2 million on Polymarket using data models, automation and probability-based trading ...

Do you use these mental models for efficient decision-making in your daily life? If not, you’re missing out on the opportunity to make more thoughtful and informed choices. Mental models are cognitive ...

This issue of The Journal of Risk Model Validation features two papers that directly address validation using machine learning. Whether their findings imply we will all (including the editor) become ...

AI needs human data to function effectively, but the internet is becoming flooded with AI-generated content. Artificial intelligence has revolutionized everything from customer service to content ...