#expected-value

3 articles tagged

A Probabilistic Framework for Career Decisions

Use expected value, scenario planning and Kelly-style sizing to evaluate job offers, career pivots and salary negotiations honestly.

strategycareerdecision-makingexpected-value
Read more →

Expected Value Explained: The Decision-Making Concept

Expected value is the most important concept in decision-making under uncertainty. What it is, how to calculate it, and why every decision i...

expected valuedecision-makingprobabilityinvestingrisk
Read more →

How Prediction Markets Work — Probability Meets Money

Prediction markets turn questions about the future into tradeable contracts whose prices behave like probabilities. How they work, and how t...

prediction marketsprobabilityexpected valueforecastingbetting
Read more →