This is a preview. Log in through your library . Abstract Let $[X_n, n \geq 0]$ be a Markov chain on a general state space X with transition probability P and stationary probability π. Suppose an ...

Advances in Applied Probability, Vol. 48, No. 1 (MARCH 2016), pp. 199-214 (16 pages) We provide exact computations for the drift of random walks in dependent random environments, including k-dependent ...

Random walks and percolation theory form a fundamental confluence in modern statistical physics and probability theory. Random walks describe the seemingly erratic movement of particles or entities, ...

Random walks constitute one of the cornerstone concepts in probability theory and statistical physics, representing a class of stochastic processes in which a moving entity takes successive steps ...

The course is concerned with behavior of random walks on certain infinite graphs which are currently in vigorous development. This is a topic of dicrete probability are full of surprising and ...

The random walk theorem, first presented by French mathematician Louis Bachelier in 1900 and then expanded upon by economist Burton Malkiel in his 1973 book A Random Walk Down Wall Street, asserts ...

Random walk theory suggests that changes in stock prices have the same distribution and are independent of each other.

Random walk theory is a financial model which assumes that the stock market moves in a completely unpredictable way. The hypothesis suggests that the future price of each stock is independent of its ...

Random walk theory is a financial model which assumes that the stock market moves in a completely unpredictable way. The hypothesis suggests that the future price of each stock is independent of its ...

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 ...