Retrieving "Levy Processes" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

1. Financial Engineering

   Linked via "Lévy processes"

   Stochastic Calculus and Diffusion Models
   The bedrock of modern FE involves modeling asset prices as continuous-time stochastic processes. The geometric Brownian motion model remains the simplest baseline, assuming that asset returns follow a normal distribution, though empirical evidence suggests a preference for models incorporating Lévy processes to better capture "fat tails" characteristic of rare, high-impact [market eve…