“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP). It states that if prospect x is preferred to y knowing that Event A ...

Gilbert Gee and Annie Ro depict systemic racism as the hidden base of an iceberg 10 (see illustration in online appendix exhibit 1). 11 The iceberg’s visible part represents the overt racism that ...

Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, ...

When Democrats are at their best, they are performing one job: reducing inequality and making American life more just. That’s what Franklin Roosevelt did with the New Deal and Lyndon Johnson tried to ...

Exponential growth compounds investment returns over time, enhancing long-term wealth. S&P 500's historic 10% annual return illustrates exponential growth's impact on investments. Staying invested in ...

A homeless man pushes a shopping cart full of his belongings across an intersection in the Skid Row area of Los Angeles. [AP Photo/Jae C. Hong] The recently released UBS Global Wealth Report 2025 ...

MIAMI — The times, they are a-changin’. The owner of Miami clothier Austin Burke paid $300,000 for his Wynwood spot back in the 1980′s. Now, preparing to close their doors, the owner just sold the ...

Abstract: In this paper, the problem of the exponential stability criterion for stochastic delayed systems with actuator failures is investigated via weighted relaxed integral inequality. A suitable ...

The average wealth gap between white families and Black and Hispanic ones reached a new high in 2022, topping $1 million in household wealth, according to a new report. New research by the Urban ...

Abstract: This paper focuses on the problem of exponential stability for a class of neural networks with time-varying delays. A more general inequality is established which extends the auxiliary ...