Abstract: | As shown in previous papers, Reggeon “Field” Theory is actually a Markov process describing the evolution of wee partons during a boost. In the present paper, the physical interpretation of scattering amplitudes and cross sections is discussed, both for the uncut (unlabelled) and cut (labelled) version. Elastic amplitudes and total cross sections, inclusive cross sections, fully diffractive events, and inelastic diffraction are all shown to have simple interpretations in the parton model. Finally, the connection with models for evolution of hard partons in QCD is discussed. |