Take a coin and toss it a number N of times in a time interval of duration T. Suppose that every time you get head you win a euros and that you lose the same amount of money when you get tail. Then your capital is a random process with ups and dows like this: This process is a stochastic process usually called “Random...
My name is Esteban Moro and I am a researcher at Universidad Carlos III de Madrid in the GISC group. My field of research are complex systems. The fact that the systems under study are complex does not mean that its behavior cannot be understood or anticipated. I believe research must be interdisciplinary and close to real life problems and because of that, I do research in social networks, financial markets or viral marketing (complex enough!).