CORDIS Project
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This project focuses on creating a qualitative theory to describe the unusual long-term behavior of random processes, particularly the timing of when these processes enter specific states. It aims to provide insights into the probabilities of significant hitting times relevant to various fields such as physics and fina…
The main goal of this project is to develop a qualitative theory for describing the long term atypical behaviour of stochastic processes.
An important characterization of such behaviour is given by atypically large values of the time (known as the hitting time) when the process enters a set.
We aim to establish new results about the probabilities of large values for the hitting times of appropriate sets for a variety of important stochastic process arising in probability theory, physics and stoc…
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