Stochastic dynamical systems arise in many scientific fields, such as asset prices in financial markets, neural activity in the brain, or the spread of infectious diseases. Petar Jovanovski's Ph.D.

Brownian motion describes the random movement of particles in fluids, however, this revolutionary model only works when a fluid is static, or at equilibrium. In real-life, fluids often contain ...

Tiny particles like pollen grains move constantly, pushed and pulled by environmental forces. To study this motion, physicists use a "random walk" model—a system in which every step is determined by a ...

Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, “Probability is the most important concept in modern science, especially as nobody has the ...