Paul Lévy

Paul Lévy was a renowned French mathematician known for his work in probability theory and stochastic processes. He developed mathematical models to analyze random phenomena, helping us understand how systems evolve unpredictably over time. Lévy introduced important concepts like Lévy processes—types of random motions that include phenomena such as stock market fluctuations and natural events. His work underpins many modern applications in finance, physics, and engineering, providing a rigorous framework to describe and predict the behavior of complex, random systems.