Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.
Tom Brady’s first social media post following news of Gisele Bündchen’s marriage is raising eyebrows, not because of what he said, but because of the song he chose. On Saturday morning (Dec. 20), the ...
where $l$ and $u$ are the lower and upper probability bounds, while $\phi$ and $\psi$ denote propositional logic formulas. For example the following two sentences ...