A stochastic least action principle applied in the description of black swan events

In this paper we present a formulation of the stochastic least action principle (SAP) to encompass random movements with black swan events (of non dissipative systems) in terms of heavy tailed distributions. The black swan events are rare and drastic events, such as earthquakes and financial crisis....

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Bibliographische Detailangaben

Hauptverfasser:	Bufalo, Tatiana Cardoso e, Bufalo, R, de Figueiredo, Lucas P. G, Wang, Qiuping A, Alves, Fábio Lúcio
Format:	Artikel
Sprache:	eng
Schlagworte:	Physics - Statistical Mechanics
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