Risk and uncertainty are rarely evaluated as an integral part of the planning process. An array of risks—from hydrocarbon potential and operating characteristics, to political or market factors—can ...

Many traders think that predicting a stock’s direction is the best way to win with options. However, the most successful ...

The design and construction of capital projects can be extremely complex. Uncertainty and risk add to this complexity and, as a result, many projects experience significant cost overruns and schedule ...

Journal of Applied Meteorology and Climatology, Vol. 55, No. 10 (October 2016), pp. 2301-2322 (22 pages) ABSTRACT Quantitative assessment of climate change risk requires a method for constructing ...

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...