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Consider additive functionals of a Markov chain $W_k$, with stationary (marginal) distribution and transition function denoted by $\pi$ and $Q$, say $S_n=g(W_1)+...+g(W_n)$, where $g$ is square integrable and has mean 0 with respect to…

Probability · Mathematics 2008-11-14 Ou Zhao , Michael Woodroofe

We prove that for a so-called sticky process $S$ there exists an equivalent probability $Q$ and a $Q$-martingale $\tilde{S}$ that is arbitrarily close to $S$ in $L^p(Q)$ norm. For continuous $S$, $\tilde{S}$ can be chosen arbitrarily close…

Mathematical Finance · Quantitative Finance 2017-03-03 Miklós Rásonyi , Hasanjan Sayit

Let $\psi$ be a multi-dimensional random variable. We show that the set of probability measures $\mathbb{Q}$ such that the $\mathbb{Q}$-martingale $S^{\mathbb{Q}}_t=\mathbb{E}^{\mathbb{Q}}\left[\psi\lvert\mathcal{F}_{t}\right]$ has the…

Probability · Mathematics 2019-07-11 Dmitry Kramkov , Sergio Pulido

We consider local martingales which are standard or stochastic exponentials M of one component X of a multivariate affine process in the sense of Duffie, Filipovic and Schachermayer (2003). By completing their characterization of…

Probability · Mathematics 2011-05-06 Eberhard Mayerhofer , Johannes Muhle-Karbe , Alexander G. Smirnov

We give a necessary and sufficient condition on a sequence of functions on a set $\Omega$ under which there is a measure on $\Omega$ which renders the given sequence of functions a martingale. Further such a measure is unique if we impose a…

Probability · Mathematics 2007-05-23 Rajeeva L Karandikar , M G Nadkarni

In a previous work, we associated with any submartingale $X$ of class $(\Sigma)$, defined on a filtered probability space $(\Omega, \mathcal{F}, \mathbb{P}, (\mathcal{F}_t)_{t \geq 0})$ satisfying some technical conditions, a…

Probability · Mathematics 2009-11-16 Joseph Najnudel , Ashkan NIkeghbali

This thesis synthesizes probability and entropic inference with Quantum Mechanics (QM) and quantum measurement [1-6]. It is shown that the standard and quantum relative entropies are tools designed for the purpose of updating probability…

Quantum Physics · Physics 2018-04-25 Kevin Vanslette

In a previous paper, we proved that for any submartingale $(X_t)_{t \geq 0}$ of class $(\Sigma)$, defined on a filtered probability space $(\Omega, \mathcal{F}, \mathbb{P}, (\mathcal{F}_t)_{t \geq 0})$, which satisfies some technical…

Probability · Mathematics 2009-12-25 Joseph Najnudel , Ashkan Nikeghbali

We suppose that a L\'evy process is observed at discrete time points. A rather general construction of minimum-distance estimators is shown to give consistent estimators of the L\'evy-Khinchine characteristics as the number of observations…

Statistics Theory · Mathematics 2008-05-29 Michael H. Neumann , Markus Reiss

The parameterized entanglement monotone, the $q$-concurrence, is also a reasonable parameterized entanglement measure. By exploring the properties of the $q$-concurrence with respect to the positive partial transposition and realignment of…

Quantum Physics · Physics 2022-06-17 Zhi-Wei Wei , Ming-Xing Luo , Shao-Ming Fei

A continuous-time particle system on the real line satisfying the branching property and an exponential integrability condition is called a branching L\'evy process, and its law is characterized by a triplet $(\sigma^2,a,\Lambda)$. We…

Probability · Mathematics 2022-02-25 Bastien Mallein , Quan Shi

We consider the problem of estimating the $L_1$ distance between two discrete probability measures $P$ and $Q$ from empirical data in a nonasymptotic and large alphabet setting. When $Q$ is known and one obtains $n$ samples from $P$, we…

Statistics Theory · Mathematics 2018-06-26 Jiantao Jiao , Yanjun Han , Tsachy Weissman

In this paper we study processes which are constructed by a convolution of a deterministic kernel with a martingale. A special emphasis is put on the case where the driving martingale is a centred L\'evy process, which covers the popular…

Probability · Mathematics 2021-05-31 Christian Bender , Robert Knobloch , Philip Oberacker

We prove that, for locally bounded processes, absence of arbitrage opportunities of the first kind is equivalent to the existence of a dominating local martingale measure. This is related to and motivated by results from the theory of…

Probability · Mathematics 2013-04-02 Peter Imkeller , Nicolas Perkowski

We consider a general piecewise deterministic Markov process (PDMP) $X=\{X_t\}_{t\geqslant 0}$ with measure-valued generator $\mathcal{A}$, for which the conditional distribution function of the inter-occurrence time is not necessarily…

Probability · Mathematics 2017-04-27 Zhaoyang Liu , Yuying Liu , Guoxin Liu

In this paper we will give a short presentation of the quantum Levy-Khinchin formula and of the formulation of quantum continual measurements based on stochastic differential equations, matters which we had the pleasure to work on in…

Quantum Physics · Physics 2007-05-23 Alberto Barchielli , Giancarlo Lupieri

For Lebesgue generic $(x_1,x_2)\in \mathbb{R}^2$, we investigate the distribution of small values of products $q\cdot \|qx_1\| \cdot \|qx_2\|$ with $q\in\mathbb{N}$, where $\|\cdot \|$ denotes the distance to the closest integer. The main…

Number Theory · Mathematics 2023-11-22 Michael Björklund , Reynold Fregoli , Alexander Gorodnik

For sets $\mathcal Q$ and $\mathcal Y$, the generalized Fr\'echet mean $m \in \mathcal Q$ of a random variable $Y$, which has values in $\mathcal Y$, is any minimizer of $q\mapsto \mathbb E[\mathfrak c(q,Y)]$, where $\mathfrak c \colon…

Statistics Theory · Mathematics 2023-06-16 Christof Schötz

Let $A$ be a pseudo-differential operator with symbol $q(x,\xi)$. In this paper we derive sufficient conditions which ensure the existence of a solution to the $(A,C_c^{\infty}(\mathbb{R}^d))$-martingale problem. If the symbol $q$ depends…

Probability · Mathematics 2020-02-12 Franziska Kühn

This paper studies quantum systems with a finite number of degrees of freedom in the context of non-extensive thermodynamics. A trial density matrix, obtained by heuristic methods, is proved to be the equilibrium density matrix. If the…

Mathematical Physics · Physics 2009-10-31 Jan Naudts