Let {Xk: k ≥ 1} be a sequence of independent, identically distributed random variables with $EX_{1} = \mu < 0$. Form the random walk {Sn : n ≥ 0} by setting S0 ...

The no restart random walk (NRRW) is a random network growth model driven by a random walk that builds the graph while moving on it, adding and connecting a new leaf node to the current position of ...

Random walks in random environments constitute a pivotal area of research at the interface of probability theory, statistical physics and mathematical modelling. This field investigates stochastic ...

Research of the probability and statistics group includes particle systems, theoretical statistics, non-conventional random walks, random matrix theory, and random polynomials. Research interests also ...

Mathematics professor Gregory Lawler was named a co-winner of the $100,000 Wolf Prize. The award recognizes Lawler’s research in probability theory involving random walks and Brownian motion, which ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

Albert Phung has 7+ years of experience as a process improvement consultant for several businesses; currently with Alberta Health Services. Suzanne is a content marketer, writer, and fact-checker. She ...