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Related papers: Small deviations of general L\'{e}vy processes

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We prove a large deviation type estimate for the asymptotic behavior of a weighted local time of $\varepsilon W$ as $\varepsilon\to0$.

Probability · Mathematics 2016-04-07 Alexei Kulik , Daryna Sobolieva

In this paper, we investigate the asymptotic behavior of supercritical branching Markov processes $\{\mathbb{X}_t, t \ge0\}$ whose spatial motions are L\'evy processes with regularly varying tails. Recently, Ren et al. [Appl. Probab. 61…

Probability · Mathematics 2025-10-01 Runjia Luo , Yan-Xia Ren , Renming Song , Rui Zhang

In this paper, we study the compressibility of random processes and fields, called generalized L\'evy processes, that are solutions of stochastic differential equations driven by $d$-dimensional periodic L\'evy white noises. Our results are…

Probability · Mathematics 2019-03-19 Julien Fageot , Michael Unser , John Paul Ward

In this paper we present some limit theorems for power variation of L\'evy semi-stationary processes in the setting of infill asymptotics. L\'evy semi-stationary processes, which are a one-dimensional analogue of ambit fields, are moving…

Probability · Mathematics 2016-10-17 Andreas Basse-O'Connor , Claudio Heinrich , Mark Podolskij

Let $X$ be a L\'evy process with absolutely continuous L\'evy measure $\nu$. Small time polynomial expansions of order $n$ in $t$ are obtained for the tails $P(X_{t}\geq{}y)$ of the process, assuming smoothness conditions on the L\'evy…

Probability · Mathematics 2008-12-12 José E. Figueroa-López , Christian Houdré

In this paper, we study the asymptotic behavior of randomly perturbed path-dependent stochastic differential equations with small parameter $\vartheta_{\varepsilon}$, when $\varepsilon \rightarrow 0$, $\vartheta_\varepsilon$ goes to $0$.…

Probability · Mathematics 2023-04-03 Liu Xiangdong , Hong Shaopeng

We study sample-path large deviations for L\'evy processes and random walks with heavy-tailed jump-size distributions that are of Weibull type. Our main results include an extended form of an LDP (large deviations principle) in the $J_1$…

Probability · Mathematics 2019-12-06 Mihail Bazhba , Jose Blanchet , Chang-Han Rhee , Bert Zwart

We develop at-the-money call-price and implied volatility asymptotic expansions in time to maturity for a class of asset-price models whose log returns follow a L\'evy process. Under mild assumptions placing the driving L\'evy process in…

Pricing of Securities · Quantitative Finance 2026-05-25 Allen Hoffmeyer , Christian Houdré

The main goal of this article is to study the effect of small, highly nonlinear, unbounded drifts (small time large deviation principle (LDP) based on exponential equivalence arguments) for a class of stochastic partial differential…

Probability · Mathematics 2022-12-27 Ankit Kumar , Manil T. Mohan

We derive logarithmic asymptotics of probabilities of small deviations for iterated processes in the space of trajectories. We find conditions under which these asymptotics coincide with those of processes generating iterated processes.…

Probability · Mathematics 2015-02-17 Andrei N. Frolov

In this paper, we study the small noise behaviour of solutions of a non-linear second order Langevin equation $\ddot x^\varepsilon_t +|\dot x^\varepsilon_t|^\beta=\dot Z^\varepsilon_{\varepsilon t}$, $\beta\in\mathbb R$, driven by symmetric…

Probability · Mathematics 2018-07-23 Alexei Kulik , Ilya Pavlyukevich

Let {X_{t_1,t_2}: t_1,t_2 >= 0} be a two-parameter L\'evy process on R^d. We study basic properties of the one-parameter process {X_{x(t),y(t)}: t \in T} where x and y are, respectively, nondecreasing and nonincreasing nonnegative…

Probability · Mathematics 2010-01-08 Shai Covo

The paper is devoted to three-parametric self-similar Gaussian Volterra processes that generalize fractional Brownian motion. We study the asymptotic growth of such processes and the properties of long- and short-range dependence. Then we…

Statistics Theory · Mathematics 2023-02-08 Yuliya Mishura , Kostiantyn Ralchenko , Sergiy Shklyar

The main results in this paper concern large deviations for families of non-Gaussian processes obtained as suitable perturbations of continuous centered multivariate Gaussian processes which satisfy a large deviation principle. We present…

Probability · Mathematics 2023-07-06 C. Macci , B. Pacchiarotti

In contrast to their seemingly simple and shared structure of independence and stationarity, L\'evy processes exhibit a wide variety of behaviors, from the self-similar Wiener process to piecewise-constant compound Poisson processes.…

Probability · Mathematics 2024-11-14 Julien Fageot , Alireza Fallah , Thibaut Horel

In this work we give a complete description to the asymptotic behaviors of exponential functionals of L\'evy processes and divide them into five different types according to their convergence rates. Not only their exact convergence speeds…

Probability · Mathematics 2016-02-09 Zenghu Li , Wei Xu

In this paper we consider a general L\'{e}vy process $X$ reflected at downward periodic barrier $A_t$ and constant upper barrier $K$ giving a process $V^K_t=X_t+L^A_t-L^K_t$. We find the expression for a loss rate defined by $l^K=\mathbb{E}…

Probability · Mathematics 2011-10-19 Zbigniew Palmowski , Przemysław Światek

Asymptotics for Dickman's number theoretic function $\rho(u)$, as $u \rightarrow \infty$, were given de Bruijn and Alladi, and later in sharper form by Hildebrand and Tenenbaum. The perspective in these works is that of analytic number…

Probability · Mathematics 2016-06-14 Richard Arratia , Fred Kochman , Sandy Zabell

In this paper, we establish a large deviation principle for stochastic differential delay equations driven by both Brownian motions and Poisson random measures. The weak convergence method plays an important role.

Probability · Mathematics 2016-11-01 Yumeng Li , Ran Wang , Nian Yao , Shuguang Zhang

In the work asymptotic analysis of the problem of large deviations for random evolutions with independent increments in the circuit of L\'{e}vy approximation is carried out. Large deviations for random evolutions in the circuit of Levy…

Probability · Mathematics 2011-12-30 Igor V. Samoilenko