Scientists believe that time is continuous, not discrete--roughly speaking, they believe that it does not progress in "chunks," but rather "flows," smoothly and continuously. So they often model the dynamics of physical systems as continuous-time "Markov processes," named after mathematician Andrey Markov. Indeed, scientists have used these processes to investigate a range of real-world processes from folding proteins, to evolving ecosystems, to shifting financial markets, with astonishing succe...
Scientists believe that time is continuous, not discrete--roughly speaking, they believe that it does not progress in "chunks," but rather "flows," smoothly and continuously. So they often model the dynamics of physical systems as continuous-time "Markov processes," named after mathematician Andrey Markov. Indeed, scientists have used these processes to investigate a range of real-world processes from folding proteins, to evolving ecosystems, to shifting financial markets, with astonishing succe...
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