The dangers of trading derivatives have been well-known ever since they were catapulted into the public eye by the spectacular losses of Nick Leeson and Barings Bank. John Dickson explains what derivatives are, and how they can be both risky, and used to reduce risk.
Can you imagine objects that you can't measure? Not ones that don't exist, but real things that have no length or area or volume? It might sound weird, but they're out there. Andrew Davies gives us an introduction to Measure Theory.
This pattern with kite-shaped tiles can be extended to cover any area, but however big we make it, the pattern never repeats itself. Alison Boyle investigates aperiodic tilings, which have had unexpected applications in describing new crystal structures.
This is a game played between a team of 3 people (Ann, Bob and Chris, say), and a TV game show host. The team enters the room, and the host places a hat on each of their heads. Each hat is either red or blue at random (the host tosses a coin for each team-member to decide which colour of hat to give them). The players can see each others' hats, but no-one can see their own hat.