What is Stochastic Processes?

Stochastic Processes is a mental model used for better thinking and decision-making.

How do you apply Stochastic Processes?

To apply Stochastic Processes, identify situations where this framework is relevant, then use it as a lens to evaluate your options and decisions. The model is most useful when combined with other complementary mental models.

What category does Stochastic Processes fall under?

Stochastic Processes falls under the Mathematics & Probability category of mental models. Other models in this category can be found on the Mathematics & Probability hub page.

Why is Stochastic Processes important?

Stochastic Processes is important because it provides a structured way to think about problems that would otherwise be approached with intuition alone. Understanding this model helps you avoid common reasoning errors and make better decisions.