The story
Named after French mathematician Paul Pierre Lévy (1886–1971).
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A type of random walk in which the increments are distributed according to a “heavy-tailed” distribution i.e. there are a significant number of large increments. Full definition →
Named after French mathematician Paul Pierre Lévy (1886–1971).
Etymology from Wiktionary, CC BY-SA 4.0.