Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.

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 ...

Last fall, I was working with a student to analyze some data from an experiment we had previously conducted in my lab. The ideas we were testing were pretty cool, but I could never find time to ...

In A Philosophical Essay on Probabilities, published in 1814, Pierre-Simon Laplace introduced a notorious hypothetical creature: a “vast intelligence” that knew the complete physical state of the ...