Over the past four years, the Biden Administration relied extensively on integrated assessment models (IAMs) to quantify the economic effects of carbon-dioxide emissions via a construct known as the ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.

The probability model, which incorporates a variety of factors ranging from housing permits and consumer survey data to the gap between 10-year and 3-month Treasury yields, is now flashing a 38% ...