Rotational Brownian motion (astronomy) that the rotation axis of the binary is oriented at angle θ at time "t". The evolution equation for "F" is formula_17 If <Δξ>, "a", ρ and σ are constant in time, this becomes formula_18 where μ = cos θ and τ is the time in units of the relaxation time "t", where formula_19 The solution to this equation states that the expectation value of μ decays with time as formula_20 Hence, "t" is the time constant for the binary's orientation to be randomized by torques from field stars. Rotational Brownian motion was first discussed in the context of binary
Brownian model of financial markets to the Lebesgue measure. Brownian model of financial markets The Brownian motion models for financial markets are based on the work of Robert C. Merton and Paul A. Samuelson, as extensions to the one-period market models of Harold Markowitz and William F. Sharpe, and are concerned with defining the concepts of financial assets and markets, portfolios, gains and wealth in terms of continuous-time stochastic processes. Under this model, these assets have continuous prices evolving continuously in time and are driven by Brownian motion processes. This model requires an assumption of perfectly divisible assets and a frictionless market (i.e. that no