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Standard quantitative models of the stock market predict a log-normal distribution for stock returns (Bachelier 1900, Osborne 1959), but it is recognised (Fama 1965) that empirical data, in comparison with a Gaussian, exhibit leptokurtosis…

Computational Engineering, Finance, and Science · Computer Science 2007-05-23 Gilles Daniel

The paper is devoted to the optimal control of a system with two time-scales, in a regime when the limit equation is not of averaging type but, in the spirit of Wong-Zakai principle, it is a stochastic differential equation for the slow…

Optimization and Control · Mathematics 2024-11-26 Franco Flandoli , Giuseppina Guatteri , Umberto Pappalettera , Gianmario Tessitore

Here we review and extend central limit theorems for highly chaotic but deterministic semi-dynamical discrete time systems. We then apply these results show how Brownian motion-like results are recovered, and how an Ornstein-Uhlenbeck…

Statistical Mechanics · Physics 2008-04-15 Michael C. Mackey , Marta Tyran-Kaminska

We consider the limiting extremal process ${\mathcal X}$ of the particles of the binary branching Brownian motion. We show that after a shift by the logarithm of the derivative martingale $Z$, the rescaled "density" of particles, which are…

Probability · Mathematics 2021-11-03 Leonid Mytnik , Jean-Michel Roquejoffre , Lenya Ryzhik

In this article, we study the potential theory of normal tempered stable process which is obtained by time-changing the Brownian motion with a tempered stable subordinator. Precisely, we study the asymptotic behavior of potential density…

Probability · Mathematics 2020-04-07 Arun Kumar , Harsh Verma

In this paper, we study the numerical stability of reduced order models for convection-dominated stochastic systems in a relatively simple setting: a stochastic Burgers equation with linear multiplicative noise. Our preliminary results…

Fluid Dynamics · Physics 2017-01-06 Traian Iliescu , Honghu Liu , Xuping Xie

We provide an exhaustive treatment of Linear-Quadratic control problems for a class of stochastic Volterra equations of convolution type, whose kernels are Laplace transforms of certain signed matrix measures which are not necessarily…

Optimization and Control · Mathematics 2020-11-30 Eduardo Abi Jaber , Enzo Miller , Huyên Pham

We are concerned with scaling limits of the solutions to stochastic differential equations with stationary coefficients driven by Poisson random measures and Brownian motions. We state an annealed convergence theorem, in which the limit…

Probability · Mathematics 2008-12-26 Remi Rhodes , Vincent Vargas

We establish sufficient conditions for the quick relaxation to kinetic equilibrium in the classic Vicsek-Cucker-Smale model of bird flocking. The convergence time is polynomial in the number of birds as long as the number of flocks remains…

Multiagent Systems · Computer Science 2022-07-04 Bernard Chazelle , Kritkorn Karntikoon

We present an improved lattice Boltzmann model for high-speed compressible flows. The model is composed of a discrete-velocity model by Kataoka and Tsutahara [Phys. Rev. E \textbf{69}, 056702 (2004)] and an appropriate finite-difference…

Soft Condensed Matter · Physics 2009-11-13 X. F. Pan , Aiguo Xu , Guangcai Zhang , Song Jiang

Logarithmic conformation reformulations for viscoelastic constitutive laws have alleviated the high Weissenberg number problem, and the exploration of highly elastic flows became possible. However, stabilized formulations for logarithmic…

Computational Engineering, Finance, and Science · Computer Science 2021-12-14 Stefan Wittschieber , Leszek Demkowicz , Marek Behr

We study the Lotka--Volterra system from the perspective of computational algebraic geometry, focusing on equilibria that are both feasible and stable. These conditions stratifies the parameter space in $\mathbb{R}\times\mathbb{R}^{n\times…

Algebraic Geometry · Mathematics 2025-09-03 Türkü Özlüm Çelik , Pierre A. Haas , Georgy Scholten , Kexin Wang , Giulio Zucal

We extend recent results on affine Volterra processes to the inhomogeneous case. This includes moment bounds of solutions of Volterra equations driven by a Brownian motion with an inhomogeneous kernel $K(t,s)$ and inhomogeneous drift and…

Probability · Mathematics 2020-12-22 Julia Ackermann , Thomas Kruse , Ludger Overbeck

Consider the one-dimensional stochastic Helmholtz equation where the source is assumed to be driven by the white noise. This paper concerns the stability analysis of the inverse random source problem which is to reconstruct the statistical…

Analysis of PDEs · Mathematics 2016-07-25 Peijun Li , Ganghua Yuan

Covariances and variances of linear statistics of a point process can be written as integrals over the truncated two-point correlation function. When the point process consists of the eigenvalues of a random matrix ensemble, there are often…

Mathematical Physics · Physics 2022-05-04 Peter J. Forrester

We study the estimation of a stable Cox-Ingersoll-Ross model, which is a special subcritical continuous-state branching process with immigration. The process is characterized in terms of some stochastic equations. The exponential ergodicity…

Probability · Mathematics 2013-01-16 Zenghu Li , Chunhua Ma

Weighted automata over the nonnegative reals form a fundamental model for quantitative languages. We show that, up to scaling, this model collapses to probabilistic automata. Concretely, we prove that every weighted automaton whose…

Formal Languages and Automata Theory · Computer Science 2026-03-02 Smayan Agarwal , Aalok Thakkar

Exponential stabilizability of the incompressible Navier-Stokes equations under dynamic slip boundary conditions toward arbitrary time-dependent trajectories is proven. The feedback control law is constructed explicitly using oblique…

Analysis of PDEs · Mathematics 2026-02-12 Buddhika Priyasad , Sérgio S. Rodrigues

Using the fact that the Airy process describes the limiting fluctuations of the Hammersley last-passage percolation model, we prove that it behaves locally like a Brownian motion. Our method is quite straightforward, and it is based on a…

Probability · Mathematics 2013-11-07 Eric Cator , Leandro Pimentel

This paper aims to provide a simple modelling of speculative bubbles and derive some quantitative properties of its dynamical evolution. Starting from a description of individual speculative behaviours, we build and study a second order…

Probability · Mathematics 2013-09-25 Sébastien Gadat , Laurent Miclo , Fabien Panloup