English

Splitting: Tanaka's SDE revisited

Probability 2007-05-23 v1

Abstract

The weak solution of Tanaka's SDE is not a function of the driving Brownian motion, and therefore it has no Wiener chaos expansion. However in some sense explained here it has a generalised chaos expansion involving infinite products of stochastic differentials accumulating at the minimum of the Brownian path. This is related to the existence of a non-classical noise richer than the usual white noise.

Cite

@article{arxiv.math/9911115,
  title  = {Splitting: Tanaka's SDE revisited},
  author = {Jon warren},
  journal= {arXiv preprint arXiv:math/9911115},
  year   = {2007}
}

Comments

6 pages, LaTex2e