Sign up for the daily CJR newsletter. A study by the Massachusetts Institute of Technology’s Joint Program on the Science and Policy of Global Change, which found ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

In school, we are trained to think that math problems always have one correct answer. But this is not necessarily true for problems dealing with probability, if the method used to reach the described ...

Ready for the solution? Click here to see if you’re right —and to get an insanely in-depth breakdown of how to solve this problem, plus the complete answers to 100+ other challenging riddles. Can You ...

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 ...

The Monty Hall Problem is a famous probability problem named for the original host of “Let’s Make A Deal." The controversy began in 1990 when Marilyn vos Savant posed the question in her column. The ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Eric's career includes extensive work in both public and ...