English

On $q$-scale functions of spectrally negative compound Poisson processes

Probability 2020-08-03 v1

Abstract

Scale functions play a central role in the fluctuation theory of spectrally negative L\'evy processes. For spectrally negative compound Poisson processes with positive drift, a new representation of the qq-scale functions in terms of the characteristics of the process is derived. Moreover, similar representations of the derivatives and the primitives of the qq-scale functions are presented. The obtained formulae for the derivatives allow for a complete exposure of the smoothness properties of the considered qq-scale functions. Some explicit examples of qq-scale functions are given for illustration.

Keywords

Cite

@article{arxiv.2007.15880,
  title  = {On $q$-scale functions of spectrally negative compound Poisson processes},
  author = {Anita Behme and David Oechsler},
  journal= {arXiv preprint arXiv:2007.15880},
  year   = {2020}
}