A year ago, it was hardly unthinkable that a math wizard like David X. Li might someday earn a Nobel Prize. After all, financial economists—even Wall Street quants—have received the Nobel in economics ...

KAI RYSSDAL: With Wall Street down to somewhere near half of where it was 18 months ago, there is an understandable temptation to try and figure out why. Inevitably that’s a complicated question. And ...

Simply sign up to the Life & Arts myFT Digest -- delivered directly to your inbox. Johnny Cash and June Carter met backstage at the Grand Ole Opry. It was a little like a country song: he was married, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Never were truer words spoken of a mathematical formula. Out on Friday — some über-Geeky weekend reading for ...

We derive two types of Akaike information criterion (AIC)-like model-selection formulae for the semiparametric pseudo-maximum likelihood procedure. We first adapt the arguments leading to the original ...