Scientists in China have performed an experiment first proposed by Albert Einstein almost a century ago when he sought to ...

Prediction markets are ushering in a new era where collective judgement and "crowd wisdom" are no longer theoretical concepts ...

Inverted Yields, Negative Rates, and U.S. Treasury Probabilities 10 Years Forward ...

Cognitive dissonance happens when you hold two conflicting thoughts in your mind at the same time — like loving both hamburgers and cows. Cognitive dissonance is a theory in social psychology first ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...

The host invites you to pick a door, any door. Let’s say you pick door one. The host throws open one of the doors you did not select, revealing a goat. Then the host gives you the option of switching ...

I was never a big fan of former U.S. Secretary of Defense Robert McNamara (one of the architects of the Vietnam War), but on one matter I thought he was dead right: He always felt a primary ...

Rolling dice is a classic way to determine outcomes in games, but it’s also a fascinating area of study within probability theory. In this article, we’ll dive into five ways you can calculate multiple ...