Anomalous Stochastics

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Free Download Anomalous Stochastics: A Comprehensive Guide to Multifractals, Random Walks, and Real-World Applications
English | 2025 | ISBN: 3031803914 | 417 Pages | PDF EPUB (True) | 35 MB
This textbook provides a comprehensive exploration of anomalous stochastic processes and extreme events, commonly referred to as "black swans," with a particular focus on (multi-)fractal approaches and continuous-time random walks. The authors present a systematic examination of the subject, tracing its inception and providing a multi-directional perspective. By drawing on real-world experiences in finance, physics, and technology, the book underscores the practical relevance of anomalous stochastic processes for practitioners dealing with real-world data from complex systems.


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