Probability theory forms the mathematical backbone for quantifying uncertainty and random events, providing a rigorous language with which to describe both everyday phenomena and complex scientific ...

Research of the probability and statistics group includes particle systems, theoretical statistics, non-conventional random walks, random matrix theory, and random polynomials. Research interests also ...

This course is available on the MSc in Risk and Stochastics, MSc in Statistics (Financial Statistics) and MSc in Statistics (Financial Statistics) (Research). This course is available with permission ...

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 ...

The Centre for Probability, Statistics and Data Science covers three broadly overlapping main areas of research: probability, statistics and data science. Probability theory is a core topic within ...

The conjunction and disjunction fallacies are famous for revealing the limits of human reasoning about probability. This can be measured by telling people a short story about a character and then ...

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.

In this paper a two-person red-and-black game is investigated. We suppose that, at every stage of the game, player I's win probability, f, is a function of the ratio of his bet to the sum of both ...