Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...

In early November 2007, two investors met in the waiting room of their financial adviser's office. By chance, both Robert, 62, and Sandra, 78, had appointments to discuss their retirement financial ...

When it comes to using data to personalize medicine, Google and a UK hospital group’s partnership to build a personalized healthcare app – using 1.6 million health records – is really just the tip of ...

Not all Spice versions perform Monte Carlo simulations. Even those that do may only have a small number of available distributions, much less custom ones. LTSpice, for example, has built-in random ...

Simulation software offers users the opportunity to "experience" hundreds or thousands of outcomes associated with uncertain events. Dealing with uncertainty and hence risk is an important component ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In this article we discuss the problem of assessing the performance of Markov chain Monte Carlo (MCMC) algorithms on the basis of simulation output. In essence, we extend the original ideas of Gelman ...

A recent report, “Risky Business: The Economic Risks of Climate Change in the United States,” co-chaired by Michael R. Bloomberg, Henry Paulson and Tom Steyer, suggests that “by 2050 between $66 ...