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Paying the price
... to take the more scientific approach needed for a deeper understanding of financial risks, when they were so easily bewitched by ... lenders to sell the loans on for a fixed price (removing the uncertainty) to investment banks, who repackaged them as mortgage backed ...
plusadmin  12 Jun 2015  17:16  0 comments

Building bridges from mathematics to the City
... the cost of pensions might change in the future and how much uncertainty there was in those projections. The programme, says Cairns, gave ... "The real problem in the credit crisis was a lack of understanding and communication of assumptions and limitations of the models," ...
mf344  12 Jun 2015  17:15  0 comments

Influenza virus: it's all in the packaging!
... 1918 pandemic is unclear and an interesting current topic). Understanding packaging is key to understanding reassortment. Let me count ... different segments. As a mathematician, I always found this uncertainty slightly puzzling, as the numbers immediately suggest random ...
plusadmin  11 Jun 2015  16:18  0 comments

The physics of elementary particles: Part I
... there are elements in the chemical table! It has taken an understanding of mathematical symmetry combined with experiments into ... their range to very short distances (a consequence of the uncertainty principle of quantum mechanics). In collisions at relatively low ...
mf344  3 Jun 2015  12:32  2 comments

Is time travel allowed?
... go away. They are a consequence of the quantum mechanical uncertainty principle : if, at one moment of time, there are no fluctuations ... To learn the truth, we physicists must develop a deeper understanding of quantum theory in warped spacetime than we now have — i.e. a ...
plusadmin  18 May 2015  13:11  15 comments

Understanding uncertainty: How long will you live?
... This article is adapted from material on the Understanding Uncertainty website . None of us are going to last forever. Our ...
plusadmin  28 Apr 2015  15:24  6 comments

'Deciphering the cosmic number'
... in the human psyche". It's an individual's pleasure in understanding nature that allows these archetypes to emerge from the ... clairvoyance. Jung found this idea mirrored in Heisenberg's uncertainty principle, which asserts that at a quantum level, the world is not ...
plusadmin  22 Apr 2015  17:24  0 comments

'An accidental statistician'
... surfaces , with Norman Hunter (1987). It expresses a key understanding behind statistical modelling — and it applies to broader ... Kevin is an occasional contributor to the Understanding Uncertainty website . Review by Kevin McConway ...
mf344  20 Apr 2015  14:58  1 comment

'Quantum theory: A very short introduction'
... rush of discoveries in the 1920s – including Hiesenberg's uncertainty principle, the probabilistic nature of quantum theory and ... mind of the scientist, whose ambition is to gain the maximum understanding of what is happening in the physical world. To settle for less ...
Rachel  20 Apr 2015  15:04  0 comments

Understanding Uncertainty: Pure randomness in art
... This article is adapted from material on the Understanding Uncertainty website . This article is based on a talk I gave at the ...
mf344  25 Mar 2015  16:48  0 comments