Scalas, Enrico - In: Physica A: Statistical Mechanics and its Applications 362 (2006) 2, pp. 225-239
This paper reviews some applications of continuous time random walks (CTRWs) to Finance and Economics. It is divided into two parts. The first part deals with the connection between CTRWs and anomalous diffusion. In particular, a simplified version of the well-scaled transition of CTRWs to the...