Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.

Monthly trading volume in prediction markets surged from under $100 million in early 2024 to over $13 billion by the end of ...

While notable sports betting companies like DraftKings, FanDuel and Fanatics launched prediction markets in December, this ...

The probability of worsening frailty increases over time, but targeted strategies might delay or reverse this progression, ...

EU-based or homegrown prediction markets have yet to take off, and EU regulations have kept the existing ones largely ...

Vox journalists forecast what 2026 could bring — from AI and climate to politics, health, and the economy — based on trends ...

Discover how The Simpsons' writers eerily predicted 2025's biggest events, from Elon Musk's downfall and Trump's budget ...

Vitalik Buterin, Ethereum co-founder, revealed through a series of posts on Farcaster that he believes prediction markets are ...

After the NBA blessed us with a loaded slate of Christmas Day games, we're heading into the middle third of the season with a ...

Discover how tail risk impacts portfolios, why rare financial events matter, and strategies for safeguarding investments against significant, unexpected losses.