In May 2010, the NIH held a symposium entitled "Random Walks in Biology and Beyond", in honor of Weiss's 80th birthday and recent retirement.
In July 2010, at the Mexican Meeting on Mathematical and Experimental Physics, Weiss was awarded the Leopoldo García-Colín-Scherer Medal.
This medal has been established in 2001 and awarded every three years to recognize outstanding international scientists for their contributions to the development of science.
The original article that introduced CTRW[3] has been cited more than 2000 times, and this work found applications in many different fields.
Weiss himself has made many significant contributions in applying the CTRW framework in the areas of optical imaging,[4][5][6][7][8][9] financial market theory,[10] and other fields.