English

Multi-point local time penalizations with various clocks for one-dimensional L\'{e}vy processes

Probability 2025-07-02 v1

Abstract

We study the penalization problem with various clocks where the weight is given as the exponential functional of multi-point local times for one-dimensional L\'{e}vy processes. The limit processes may vary according to the choice of random clock, and are singular to the original process.

Keywords

Cite

@article{arxiv.2507.00457,
  title  = {Multi-point local time penalizations with various clocks for one-dimensional L\'{e}vy processes},
  author = {Kohki Iba},
  journal= {arXiv preprint arXiv:2507.00457},
  year   = {2025}
}

Comments

30 pages, 1 figures

R2 v1 2026-07-01T03:40:57.071Z