Blog
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Fighting deforestation in Brazil: gaining insight through data science
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Datafest, a recent event at The Shard in London, marked the culmination of a 12-week effort by students participating in the 2023 Data Science for Social Good (DSSG) Summer Fellowship programme at the University of Warwick, supported by the London Mathematical Laboratory.
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Why insurance exists
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A recent issue of Annals of Actuarial Science features a concise essay by Ole Peters, founder of the London Mathematical Laboratory, discussing the concept of insurance – and explaining why it is surprisingly paradoxical from the viewpoint of mainstream economics. The discussion
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Cooperation through exchange: an emerging paradigm
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“Evolution,” in the words of biologist Martin Nowak, “is based on a fierce competition between individuals and should therefore reward only selfish behaviour. Every gene, every cell, and every organism should be designed to promote its own evolutionary success at the expense
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Interview: Erica Thompson
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LML Fellow Erica Thompson is a senior policy expert at the London School of Economics’ Data Science Institute. She is also the author of a fascinating new book, Escape from Model Land, which was published in the UK by Basic Books on
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2022 Christmas message
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As the end of 2022 approaches, I’m looking back at what’s been going on at LML and can report that we have a few big things to celebrate. In 2022 LML received the most generous gift in its history so far, in
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LML Discussions: lessons to learn about modelling from the COVID experience
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Scientists regularly use models, which help make their thinking definite, specific, and easier to challenge, test and refine. Scientists know that models always have shortcomings. There’s no such thing as “modelling the real thing,” only various approximations thereof, which may be more
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Present and future synoptic circulation patterns associated with cold and snowy spells over Italy
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It’s widely believed that episodes of significant cold or snow should become less likely as a result of global warming. The Intergovernmental Panel on Climate Change fifth assessment report describes a “very likely” decrease in the number of ice days and low-temperature
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Decision-making with distorted memory: Escaping the trap of past experience
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People generally try to learn from their past experiences. Empirically, however, we tend to draw on these experiences in a seemingly irrational way, as originally noted by psychologist Daniel Kahneman. Rather than remembering each episodic experience as a whole, people generally recall
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Overvalued fossil fuels, bacteria that eat plastics, and the long reach of dipoles
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Here are some links to several recent articles by LML External Fellow Mark Buchanan
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Extended Poisson-Kac Theory: A Unifying Framework for Stochastic Processes with Finite Propagation Velocity
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Stochastic processes are a cornerstone of physics and engineering, particularly for modelling transport phenomena in the natural and social sciences, including the random movements of cells, bacteria, and viruses, climate fluctuations or the dynamics of financial markets. Such models typically capture the