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Abstract: The risk of cascading blackouts greatly relies on failure probabilities of individual components in power grids. To quantify how component failure probability (CFP) influences blackout risk ...
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 ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Abstract: In this article, a stochastic optimal control problem is considered for a continuous-time Markov chain taking values in a denumerable state space over a fixed finite horizon. The optimality ...
Amazon has ordered its latest YA turn. The streamer has handed a greenlight to a series adaptation of The Probability of Miracles based on Wendy Wunder’s eponymous novel. It comes after Prime Video ...
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