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We present recent advances on Dirichlet forms methods either to extend financial models beyond the usual stochastic calculus or to study stochastic models with less classical tools. In this spirit, we interpret the asymptotic error on the…

Probability · Mathematics 2007-05-23 Nicolas Bouleau

In this paper we investigate the existence and some useful properties of the L\'evy areas of Ornstein-Uhlenbeck processes associated to Hilbert-space-valued fractional Brownian-motions with Hurst parameter $H\in (1/3,1/2]$. We prove that…

Dynamical Systems · Mathematics 2014-11-19 María J. Garrido-Atienza , Kening Lu , Björn Schmalfuss

Skorokhod's J1 and M1 topologies are standard tools in proving limit theorems for stochastic processes. Motivated by applications, we extend these topologies so that they are capable of describing the convergence of a sequence of functions…

General Topology · Mathematics 2025-09-11 Nic Freeman , Jan M. Swart

Let $G$ be a compact Lie group and $P_{e,a}(G)=C([0,1]\to G~|~\gamma(0)=e, \gamma(1)=a)$ be the pinned path space with a pinned Brownian motion measure $\nu_{\lambda,a}$ defined by the heat kernel $p(\lambda^{-1}t,x,y)$, where $\lambda$ is…

Probability · Mathematics 2025-12-11 Shigeki Aida

In this paper, we show that reflecting Brownian motion in any bounded domain D can be approximated, as $k\to\infty$, by simple random walks on "maximal connected" subsets of $(2^{-k}\mathbb{Z}^d)\cap D$ whose filled-in interiors are inside…

Probability · Mathematics 2013-07-26 Krzysztof Burdzy , Zhen-Qing Chen

Functional data present as functions or curves possessing a spatial or temporal component. These components by nature have a fixed observational domain. Consequently, any asymptotic investigation requires modelling the increased correlation…

Methodology · Statistics 2024-03-11 Cory W. Natoli , Edward D. White , Beau A. Nunnally , Alex J. Gutman , Raymond R. Hill

Skorokhod's M1 topology is defined for c\`adl\`ag paths taking values in the space of tempered distributions (more generally, in the dual of a countably Hilbertian nuclear space). Compactness and tightness characterisations are derived…

Probability · Mathematics 2016-11-09 Sean Ledger

An Ornstein-Uhlenbeck (OU) process can be considered as a continuous time interpolation of the discrete time AR$(1)$ process. Departing from this fact, we analyse in this work the effect of iterating OU treated as a linear operator that…

Statistics Theory · Mathematics 2012-10-02 Argimiro Arratia , Alejandra Cabaña , Enrique M. Cabaña

We deal with a complex-valued Ornstein-Uhlenbeck (OU) process with parameter $\lambda\in\mathbb{R}$starting from a point different from 0 and the way that it winds around the origin.The starting point of this paper is the skew product…

Probability · Mathematics 2014-12-24 Stavros Vakeroudis

In the paper we consider the problem of estimating parameters entering the drift of a fractional Ornstein-Uhlenbeck type process in the non-ergodic case, when the underlying stochastic integral is of Young type. We consider the sampling…

Probability · Mathematics 2019-03-20 Radomyra Shevchenko , Jeannette H. C. Woerner

In this article we introduce a theory of integration for deterministic, operator-valued integrands with respect to cylindrical L\'evy processes in separable Banach spaces. Here, a cylindrical L\'evy process is understood in the classical…

Probability · Mathematics 2014-05-29 Markus Riedle

We provide three different characterizations of the space $BV(O,\gamma)$ of the functions of bounded variation with respect to a centred non-degenerate Gaussian measure $ \gamma$ on open domains $O$ in Wiener spaces. Throughout these…

Functional Analysis · Mathematics 2019-02-27 Davide Addona , Giorgio Menegatti , Michele Miranda

In this article we prove new results regarding the existence of Bernstein processes associated with the Cauchy problem of certain forward-backward systems of decoupled linear deterministic parabolic equations defined in Euclidean space of…

Probability · Mathematics 2015-08-12 Pierre-A. Vuillermot , Jean-C. Zambrini

We provide an introduction to Dirichlet forms on discrete spaces and study their global properties such as recurrence, stochastic completeness and regularity of the Neumann form. In this setting we compare the notion of a recurrent…

Functional Analysis · Mathematics 2016-09-05 Marcel Schmidt

The so-called "supOU" processes, namely the superpositions of Ornstein-Uhlenbeck type processes are stationary processes for which one can specify separately the marginal distribution and the dependence structure. They can have finite or…

Probability · Mathematics 2019-08-22 Danijel Grahovac , Nikolai N. Leonenko , Murad S. Taqqu

The Ornstein-Uhlenbeck process can be seen as a paradigm of a finite-variance and statistically stationary rough random walk. Furthermore, it is defined as the unique solution of a Markovian stochastic dynamics and shares the same local…

Probability · Mathematics 2021-10-05 Laurent Chevillard , Marc Lagoin , Stephane G. Roux

The purpose of this article is a set-indexed extension of the well-known Ornstein-Uhlenbeck process. The first part is devoted to a stationary definition of the random field and ends up with the proof of a complete characterization by its…

Probability · Mathematics 2013-08-29 Paul Balança , Erick Herbin

We prove a Morse index theorem for action functionals on paths that are allowed to reflect at a hypersurface (either in the interior or at the boundary of a manifold). Both fixed and periodic boundary conditions are treated.

Differential Geometry · Mathematics 2024-06-26 Jared Wunsch , Mengxuan Yang , Yuzhou Zou

We consider the orthogonalisation of the signature of a stochastic process as the analogue of orthogonal polynomials on path-space. Under an infinite radius of convergence assumption, we prove density of linear functions on the signature in…

Probability · Mathematics 2026-02-24 Ilya Chevyrev , Emilio Ferrucci , Darrick Lee , Terry Lyons , Harald Oberhauser , Nikolas Tapia

We analyze a modified version of the Coleman-Hepp model, that is able to take into account energy-exchange processes between the incoming particle and the linear array made up of $N$ spin-1/2 systems. We bring to light the presence of a…

Quantum Physics · Physics 2015-06-26 Raffaella Blasi , Hiromichi Nakazato , Mikio Namiki , Saverio Pascazio
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