Gravity is treated as a stochastic phenomenon based on fluctuations of the
metric tensor of general relativity. By using a (3+1) slicing of spacetime, a
Langevin equation for the dynamical conjugate momentum and a Fokker-Planck
equation for its probability distribution are derived. The Raychaudhuri
equation for a congruence of timelike or null geodesics leads to a stochastic
differential equation for the expansion parameter θ in terms of the
proper time s. For sufficiently strong metric fluctuations, it is shown that
caustic singularities in spacetime can be avoided for converging geodesics. The
formalism is applied to the gravitational collapse of a star and the
Friedmann-Robertson-Walker cosmological model. It is found that owing to the
stochastic behavior of the geometry, the singularity in gravitational collapse
and the big-bang have a zero probability of occurring. Moreover, as a star
collapses the probability of a distant observer seeing an infinite red shift at
the Schwarzschild radius of the star is zero. Therefore, there is a vanishing
probability of a Schwarzschild black hole event horizon forming during
gravitational collapse.Comment: Revised version. Eq. (108) has been modified. Additional comments
have been added to text. Revtex 39 page
