Prediction markets have gained serious momentum in recent years, but this rising industry can be a little bit overwhelming ...

Data science and machine learning algorithms can help us form probabilistic forecasts of things like sporting events.

Online prediction markets are taking bets on everything from climate change to quantum computing. But researchers question ...

Prediction markets are moving into the mainstream, giving investors a new way to watch crowd expectations – and a risky way ...

Smarter people don’t just crunch numbers better—they actually see the future more clearly. Examining thousands of over-50s, Bath researchers found the brightest minds made life-expectancy forecasts ...

The last time the tropical Pacific ran this hot, millions of people starved. The El Niño of 1877 triggered crop failures from India to Brazil and is considered one of the deadliest climate events in ...

Goldman Sachs thinks the odds of a recession have come down. The Iran war remains unresolved, but the reality is that oil hasn't gone as high as some forecasters predicted, while the US economy ...

Abstract: Accurate probabilistic forecasting of distributed photovoltaic (DPV) ultra-short-term power is of great significance for the operation and scheduling of distribution networks. To address the ...

Amperon’s new short-term forecasting tool is designed to help market and operational decision-making in a renewables-heavy grid. Image: Better Energy. US-based energy forecasting company Amperon has ...

Abstract: Probabilistic electricity price forecasting (EPF) is crucial for optimizing decision-making in modern electricity markets. However, most studies focus on forecasting individual market prices ...

A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the ...

The forecast includes six hurricanes, with two potentially becoming major storms with winds of 111 mph or higher. An emerging El Niño weather pattern is expected to create storm-shredding wind shear ...