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Stable process
In
probability theory
, a
stable
process
is
a type
of
stochastic process
. It includes
stochastic processes
whose associated
probability distributions
are
stable distributions
.
Examples
of stable
processes
include the
Wiener process
, or
Brownian motion
, whose associated
probability distribution
is the
normal distribution
. They also include the
Cauchy process
. For the
symmetric
Cauchy
process, the associated
probability
distribution
is the
Cauchy distribution
.
The
degenerate case
, where there is no
random element
, i.e.
,
, where is a
constant
, is also a stable process.