Systems out of equilibrium typically carry macroscopic currents of particles, mass or energy. Thermodynamic uncertainty relations offer universal bounds linking such currents and their statistical fluctuations to other system properties, especially entropy production. Read more →
Probability theory emerged in the second half of the 17th century as a way to think about monetary gambles, and how to choose wisely when facing uncertainty. Early thinking suggested that people would act so as to maximise the expected change in wealth – an average over all possible outcomes. Read more →
Point processes offer a convenient mathematical representation of earthquakes, volcanic eruptions, crimes and many other processes which occur at random times and locations. The data available in these fields has exploded with modern recording technology, and yet many data sets suffer from significant incompleteness. Read more →
London Mathematical Laboratory
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