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The paper considers the integration theory for $G$-L\'evy processes with finite activity. We introduce the It\^o-L\'evy integrals, give the It\^o formula for them and establish SDE's, BSDE's and decoupled FBSDE's driven by $G$-L\'evy…

Probability · Mathematics 2014-11-11 Krzysztof Paczka

We examine the statistics of active scalar fluctuations in high-Rayleigh number fingering convection with high-resolution three-dimensional numerical experiments. The one-point distribution of buoyancy fluctuations is found to present…

Fluid Dynamics · Physics 2015-05-18 Jost von Hardenberg , Francesco Paparella

Several versions of It\^{o}'s formula have been obtained in the setting of the functional stochastic calculus. In this regard, we present a local time-space version that works for arbitrary bounded and continuous functionals of L\'{e}vy…

Probability · Mathematics 2024-06-04 Christian Houdré , Jorge Víquez

In this paper we investigate functions that are harmonic with respect to the non-symmetric strictly $\alpha$-stable L\'evy processes on an open set $D \in \mathbb{R}^d$. We obtain the explicit formula for their boundary decay rate at parts…

Probability · Mathematics 2019-12-23 Tomasz Juszczyszyn

In a setting, where only "exit measures" are given, as they are associated with an arbitrary right continuous strong Markov process on a separable metric space, we provide simple criteria for the validity of Harnack inequalities for…

Analysis of PDEs · Mathematics 2016-07-14 Wolfhard Hansen , Ivan Netuka

Invariance of on-shell scattering amplitudes under field redefinitions is a well known property in field theory that corresponds to covariance of on-shell amputated connected functions. In recent years there have been great efforts to…

High Energy Physics - Theory · Physics 2026-03-06 Mohammad Alminawi

We introduce a pathwise integration for Volterra processes driven by L\'evy noise or martingale noise. These processes are widely used in applications to turbulence, signal processes, biology, and in environmental finance. Indeed they…

Probability · Mathematics 2016-08-31 Giulia Di Nunno , Yuliya Mishura , Konstiantyn Ralchenko

The operations of linear algebra, calculus, and statistics are routinely applied to measurement scales but certain mathematical conditions must be satisfied in order for these operations to be applicable. We call attention to the conditions…

General Mathematics · Mathematics 2007-05-23 Jonathan Barzilai

There exist only a few known examples of subordinators for which the transition probability density can be computed explicitly along side an expression for its L\'evy measure and Laplace exponent. Such examples are useful in several areas…

Probability · Mathematics 2016-11-25 James Burridge , Mateusz Kwaśnicki , Alexey Kuznetsov , Andreas Kyprianou

Effective field theories of two-dimensional lattice models of fluctuating loops are constructed by mapping them onto random surfaces whose large scale fluctuations are described by a Liouville field theory. This provides a geometrical view…

Statistical Mechanics · Physics 2009-10-30 J. Kondev

The study of distributed order calculus usually concerns about fractional derivatives of the form $\int_0^1 \partial^\alpha u \, m(d\alpha)$ for some measure $m$, eventually a probability measure. In this paper an approach based on L\'evy…

Probability · Mathematics 2015-05-20 Bruno Toaldo

The aim of this note is to give a straightforward proof of a general version of the Ciesielski-Taylor identity for positive self-similar Markov processes of the spectrally negative type which umbrellas all previously known Ciesielski-Taylor…

Probability · Mathematics 2010-12-15 A. E. Kyprianou , P. Patie

Motivated by potential applications to partial differential equations, we develop a theory of fine scales of decay rates for operator semigroups. The theory contains, unifies, and extends several notable results in the literature on decay…

Functional Analysis · Mathematics 2016-03-15 Charles Batty , Ralph Chill , Yuri Tomilov

Complex systems consist of many interacting elements which participate in some dynamical process. The activity of various elements is often different and the fluctuation in the activity of an element grows monotonically with the average…

Physics and Society · Physics 2008-04-24 Zoltan Eisler , Imre Bartos , Janos Kertesz

We consider Malliavin calculus based on the It\^o chaos decomposition of square integrable random variables on the L\'evy space. We show that when a random variable satisfies a certain measurability condition, its differentiability and…

Probability · Mathematics 2016-05-25 Eija Laukkarinen

The main goal of this paper is to obtain sufficient conditions so that Le Roy type functions and multivariate Le Roy type functions satisfy subordination of exponential function. Moreover conditions on parameters have been derived to claim…

Complex Variables · Mathematics 2025-03-18 Suhas B Mahesh , Karthik V Pai , Abhinav Sharma

Exponential functionals of Brownian motion have been extensively studied in financial and insurance mathematics due to their broad applications, for example, in the pricing of Asian options. The Black-Scholes model is appealing because of…

Pricing of Securities · Quantitative Finance 2016-10-04 Runhuan Feng , Alexey Kuznetsov , Fenghao Yang

We study the effects of scattering lengths on L\'evy walks in quenched one-dimensional random and fractal quasi-lattices, with scatterers spaced according to a long-tailed distribution. By analyzing the scaling properties of the random-walk…

Statistical Mechanics · Physics 2015-03-20 R. Burioni , S. di Santo , S. Lepri , A. Vezzani

For a refracted L\'evy process driven by a spectrally negative L\'evy process, we use a different approach to derive expressions for its q-potential measures without killing. Unlike previous methods whose derivations depend on scale…

Probability · Mathematics 2016-04-14 Jiang Zhou , Lan Wu

We obtain scales of minimal complexity in $K(\mathbb{R})$ using a Levy hierarchy and a fine structure theory for $K(\mathbb{R})$; that is, we identify precisely those levels of the Levy hierarchy for $K(\mathbb{R})$ which possess the scale…

Logic · Mathematics 2007-05-23 D. W. Cunningham
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