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This is not what you think it is, yet it is, what it is. For the math looks complicated and intimidating however it is simple, may not be straightforward though.…
There are five basic laws of human stupidity as described by Carlo M. Cipolla who was an Italian economic historian, in his small book, The Basic Laws of Human Stupidity.…
Introduction Brief Discussion on the Expected Utility Theory (EUT) The Prospect Theory Limitations of the Prospect Theory Introduction Let’s start with the following question: Which do you prefer, based on…
Mostly about Math-Stats, Finance, Data Science, Artificial Intelligence(AI), and their combination with some random stuff here and there. Happy Learning and enjoy Randomness !
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