Imprecise probability theory provides a robust alternative to traditional probability by representing uncertainty through ranges or sets of values rather than single numerical estimates. This ...

Possibility theory and conditional probability offer complementary perspectives for modelling uncertainty, with each framework contributing distinct advantages. Possibility theory, rooted in fuzzy set ...

Should defendants be convicted based on merely statistical evidence? To what extent are individuals responsible for group harms? Can voting in a non-swing state be justified? Are cosmological theories ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

What makes a proof stronger than a guess? What does evidence look like in the realm of mathematical abstraction? Hear the mathematician Melanie Matchett Wood explain how probability helps to guide ...

This course is available on the MSc in Quantitative Methods for Risk Management. This course is available with permission as an outside option to students on other programmes where regulations permit.