Our weekly simulation for U.S. Treasury yields and spreads. Read the latest update in the article series here.

One example is a wave in shallow water. Though governed by classical hydrodynamics, shallow water waves can have waveforms ...

Repeated convolution and truncation of a truncated fat-tailed distribution, instead of Monte Carlo simulation, for pricing a ...

A probability distribution, usually displayed graphically, shows the relative likelihood of all possible outcomes occurring within a specific time period.

The Role of Probability Distribution in Business Management. Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more ...

Their having these beliefs in fact makes for a richer simulation. If the simulations humans are familiar with reveal the typical fate of simulated beings, long-term sims are rare.