English

Exotic one-parameter semigroups of endomorphisms of a symmetric cone

Rings and Algebras 2014-08-14 v1 Dynamical Systems Functional Analysis

Abstract

We construct an exotic one-parameter semigroup of endomorphims of a symmetric cone CC, whose generator is not the sum of a Lie group generator and an endomorphism of CC. The question is motivated by the theory of affine processes on symmetric cones, which plays an important role in mathematical finance. On the other hand, theoretical question that we solve in this paper seems to have been implicitly open even much longer then this motivation suggests.

Keywords

Cite

@article{arxiv.1408.2967,
  title  = {Exotic one-parameter semigroups of endomorphisms of a symmetric cone},
  author = {Bojan Kuzma and Matjaž Omladič and Klemen Šivic and Josef Teichmann},
  journal= {arXiv preprint arXiv:1408.2967},
  year   = {2014}
}