Random walks serve as fundamental models in the study of stochastic processes, simulating phenomena ranging from molecular diffusion to queuing networks and financial systems. Their inherent ...

Continuous time random walks, which generalize random walks by adding a stochastic time between jumps, provide a useful description of stochastic transport at mesoscopic scales. The continuous time ...

The last time I looked at random walks, I used them to calculate the value of Pi for Pi Day. But what is a random walk, really? A mathematician will tell you that it's a stochastic process—a path ...