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We provide a unifying treatment of pathwise moderate deviations for models commonly used in financial applications, and for related integrated functionals. Suitable scaling allows us to transfer these results into small-time, large-time and…

Mathematical Finance · Quantitative Finance 2018-12-04 Antoine Jacquier , Konstantinos Spiliopoulos

An important step in the Markov reward approach to error bounds on stationary performance measures of Markov chains is to bound the bias terms. Affine functions have been successfully used for these bounds for various models, but there are…

Probability · Mathematics 2019-01-04 Xinwei Bai , Jasper Goseling

Let $(X _i)_{i\geq1}$ be a stationary sequence. Denote $m=\lfloor n^\alpha \rfloor, 0< \alpha < 1,$ and $ k=\lfloor n/m \rfloor,$ where $\lfloor a \rfloor$ stands for the integer part of $a.$ Set $S_{j}^\circ = \sum_{i=1}^m X_{m(j-1)+i},…

Probability · Mathematics 2020-05-11 Xiequan Fan , Ion Grama , Quansheng Liu , Qi-Man Shao

This work studies a two-time-scale functional system given by two jump-diffusions under the scale separation by a small parameter $\varepsilon \rightarrow 0$. The coefficients of the equations that govern the dynamics of the system depend…

Probability · Mathematics 2022-07-15 André de Oliveira Gomes , Pedro Catuogno

In this paper, we give estimates of the minimal ${\mathbb{L}}^1$ distance between the distribution of the normalized partial sum and the limiting Gaussian distribution for stationary sequences satisfying projective criteria in the style of…

Probability · Mathematics 2008-08-25 Jérôme Dedecker , Emmanuel Rio

In this paper, we give rates of convergence, for minimal distances and for the uniform distance, between the law of partial sums of martingale differences and thelimiting Gaussian distribution. More precisely, denoting by $P_{X}$ the law of…

Probability · Mathematics 2021-01-19 Jérôme Dedecker , Florence Merlevède , Emmanuel Rio

We consider the small deviation probabilities (SDP) for sums of stationary Gaussian sequences. For the cases of constant boundaries and boundaries tending to zero, we obtain quite general results. For the case of the boundaries tending to…

Probability · Mathematics 2020-02-11 Frank Aurzada , Mikhail Lifshits

We obtain necessary and sufficient conditions for the regular variation of the variance of partial sums of functionals of discrete and continuous-time stationary Markov processes with normal transition operators. We also construct a class…

Probability · Mathematics 2014-05-13 George Deligiannidis , Magda Peligrad , Sergey Utev

We prove moderate deviation principles for the tagged particle position and current in one-dimensional symmetric simple exclusion processes. There is at most one particle per site. A particle jumps to one of its two neighbors at rate $1/2$,…

Probability · Mathematics 2022-03-11 Xiaofeng Xue , Linjie Zhao

In this paper, we consider moderate deviations for Good's coverage estimator. The moderate deviation principle and the self-normalized moderate deviation principle for Good's coverage estimator are established. The results are also applied…

Statistics Theory · Mathematics 2013-05-10 Fuqing Gao

We establish a central limit theorem and an invariance principle for stationary random fields, with projective-type conditions. Our result is obtained via an m-dependent approximation method. As applications, we establish invariance…

Probability · Mathematics 2012-04-12 Yizao Wang , Michael Woodroofe

Given a symmetric random walk in $Z^2$ with finite second moments, let $R_n$ be the range of the random walk up to time $n$. We study moderate deviations for $R_n -E R_n$ and $E R_n -R_n$. We also derive the corresponding laws of the…

Probability · Mathematics 2007-05-23 Richard F. Bass , Xia Chen , Jay Rosen

Consider the state space model (X_t,Y_t), where (X_t) is a Markov chain, and (Y_t) are the observations. In order to solve the so-called filtering problem, one has to compute L(X_t|Y_1,...,Y_t), the law of X_t given the observations…

Probability · Mathematics 2007-05-23 R. Douc , A. Guillin , J. Najim

The purpose of the present paper is to establish explicit bounds on moderate deviation probabilities for a rather general class of geometric functionals enjoying the stabilization property, under Poisson input and the assumption of a…

Probability · Mathematics 2015-03-17 Peter Eichelsbacher , Martin Raic , Tomasz Schreiber

Let $(\xi_i,\mathcal{F}_i)_{i\geq1}$ be a sequence of martingale differences. Set $S_n=\sum_{i=1}^n\xi_i $ and $[ S]_n=\sum_{i=1}^n \xi_i^2.$ We prove a Cram\'er type moderate deviation expansion for $\mathbf{P}(S_n/\sqrt{[ S]_n} \geq x)$…

Probability · Mathematics 2020-05-11 Xiequan Fan , Ion Grama , Quansheng Liu , Qi-Man Shao

The paper concerns itself with establishing large deviation principles for a sequence of stochastic integrals and stochastic differential equations driven by general semimartingales in infinite-dimensional settings. The class of…

Probability · Mathematics 2017-08-25 Arnab Ganguly

In this paper, we use the framework of mod-$\phi$ convergence to prove precise large or moderate deviations for quite general sequences of real valued random variables $(X_{n})_{n \in \mathbb{N}}$, which can be lattice or non-lattice…

Probability · Mathematics 2017-02-14 Valentin Féray , Pierre-Loïc Méliot , Ashkan Nikeghbali

We consider a branching random walk on $\mathbb{R}$ with a stationary and ergodic environment $\xi=(\xi_n)$ indexed by time $n\in\mathbb{N}$. Let $Z_n$ be the counting measure of particles of generation $n$ and $\tilde Z_n(t)=\int…

Probability · Mathematics 2015-04-07 Xiaoqiang Wang , Chunmao Huang

We derive moderate deviation principles for the trajectory of the empirical magnetization of the standard Curie-Weiss model via a general analytic approach based on convergence of generators and uniqueness of viscosity solutions for…

Probability · Mathematics 2017-10-13 Francesca Collet , Richard Kraaij

We consider a random model for directed graphs whereby an arc is placed from one vertex to another with a prescribed probability which may vary from arc to arc. Using perturbation bounds as well as Chernoff inequalities, we show that the…

Probability · Mathematics 2013-09-20 Franklin H. J. Kenter
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