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In this paper, we study the scaling limit of a class of random walks which behave like simple random walks outside of a bounded region around the origin and which are subject to a partial reflection near the origin. If the probability of…

Probability · Mathematics 2018-11-30 Raphael Forien

We survey recent results of normal and anomalous diffusion of two types of random motions with long memory in ${\Bbb R}^d$ or ${\Bbb Z}^d$. The first class consists of random walks on ${\Bbb Z}^d$ in divergence-free random drift field,…

Probability · Mathematics 2019-01-01 Bálint Tóth

Aging is a ubiquitous relaxation dynamic in disordered materials. It ensues after a rapid quench from an equilibrium "fluid" state into a non-equilibrium, history-dependent jammed state. We propose a physically motivated description that…

Soft Condensed Matter · Physics 2018-08-29 Stefan Boettcher , Dominic M. Robe , Paolo Sibani

We discuss some applications of the Mittag-Leffler function and related probability distributions in the theory of renewal processes and continuous time random walks. In particular we show the asymptotic (long time) equivalence of a generic…

Probability · Mathematics 2010-04-27 Rudolf Gorenflo

A random walk is a basic stochastic process on graphs and a key primitive in the design of distributed algorithms. One of the most important features of random walks is that, under mild conditions, they converge to a stationary distribution…

Probability · Mathematics 2020-06-19 Leran Cai , Thomas Sauerwald , Luca Zanetti

Complex systems are often characterized by the interplay of multiple interconnected dynamical processes operating across a range of temporal scales. This phenomenon is widespread in both biological and artificial scenarios, making it…

Statistical Mechanics · Physics 2025-09-08 Giorgio Nicoletti , Daniel M. Busiello

Active walker models have proved to be extremely effective in understanding the evolution of a large class of systems in biology like ant trail formation and pedestrian trails. We propose a simple model of a random walker which modifies its…

Biological Physics · Physics 2023-01-18 Subhashree Subhrasmita Khuntia , Abhishek Chaudhuri , Debasish Chaudhuri

The record age tau_k, defined as the time between the k-th and k+1-st record-breaking events, is a central observable of extreme-value statistics. In Markovian processes, the absence of memory makes tau_k independent of k. How memory breaks…

Statistical Mechanics · Physics 2026-05-06 J. Brémont , R. Voituriez , O. Bénichou

Anomalous diffusions arise as scaling limits of continuous-time random walks (CTRWs) whose innovation times are distributed according to a power law. The impact of a non-exponential waiting time does not vanish with time and leads to…

Pricing of Securities · Quantitative Finance 2020-04-13 Antoine Jacquier , Lorenzo Torricelli

The usual development of the continuous-time random walk (CTRW) proceeds by assuming that the present is one of the jumping times. Under this restrictive assumption integral equations for the propagator and mean escape times have been…

Statistical Finance · Quantitative Finance 2009-07-17 Javier Villarroel , Miquel Montero

Amorphous materials driven away from equilibrium display a diverse repertoire of complex, history-dependent behaviors. One striking feature is a failure to return to equilibrium after an abrupt change in otherwise static external…

Soft Condensed Matter · Physics 2025-06-12 Dor Shohat , Paul Baconnier , Itamar Procaccia , Martin van Hecke , Yoav Lahini

We consider the statistics of occupation times, the number of visits at the origin and the survival probability for a wide class of stochastic processes, which can be classified as renewal processes. We show that the distribution of these…

Statistical Mechanics · Physics 2020-04-08 Mattia Radice , Manuele Onofri , Roberto Artuso , Gaia Pozzoli

In this minireview we present the main results regarding the transport properties of stochastic movement with relocations to known positions. To do so, we formulate the problem in a general manner to see several cases extensively studied…

Statistical Mechanics · Physics 2019-10-23 Axel Masó-Puigdellosas , Daniel Campos , Vicenç Méndez

We review the most striking experimental results on aging in a variety of disordered systems, which reveal similar features but also important differences. We argue that a generic model that reproduce many of these features is that of {\it…

Condensed Matter · Physics 2007-05-23 Jean-Philippe Bouchaud

We introduce random walks in a sparse random environment on $\mathbb Z$ and investigate basic asymptotic properties of this model, such as recurrence-transience, asymptotic speed, and limit theorems in both the transient and recurrent…

Probability · Mathematics 2016-12-01 Anastasios Matzavinos , Alexander Roitershtein , Youngsoo Seol

We introduce a new class of asymmetric random walks on the one-dimensional infinite lattice. In this walk the direction of the jumps (positive or negative) is determined by a discrete-time renewal process which is independent of the jumps.…

Probability · Mathematics 2021-11-29 Thomas M. Michelitsch , Federico Polito , Alejandro P. Riascos

The analysis of logarithmic return distributions defined over large time scales is crucial for understanding the long-term dynamics of asset price movements. For large time scales of the order of two trading years, the anticipated Gaussian…

Statistical Finance · Quantitative Finance 2026-04-16 Stijn De Backer , Luis E. C. Rocha , Jan Ryckebusch , Koen Schoors

Aging is a universal consequence of life, yet researchers have identified no universal theme. This manuscript considers aging from the perspective of entropy, wherein things fall apart. We first examine biological information change as a…

Populations and Evolution · Quantitative Biology 2026-04-13 Stephan Baehr , Hans Baehr

Random walks are powerful tools to analyze spatial-temporal patterns produced by living organisms ranging from cells to humans. At the same time, it is evident that these patterns are not completely random but are results of a convolution…

Statistical Mechanics · Physics 2021-12-08 M. I. Krivonosov , S. N. Tikhomirov , S. Denisov

Several terms in an asynptotic estimate for the renewal mass function ina discrete random walk which has positive mean and regularly varying right-hand tail are given. Similar results are given for the renewal density function in the…

Probability · Mathematics 2023-01-24 Ron Doney