Mathematicians from the California Institute of Technology have solved an old problem related to a mathematical process called a random walk. The team, which also worked with a colleague from Israel’s ...

We study the asymptotic behavior of a multidimensional random walk in a general cone. We find the tail asymptotics for the exit time and prove integral and local limit theorems for a random walk ...

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 ...

Why is it that when you walk randomly, the more you walk, the farther you get from your starting point? The Quanta Newsletter ...