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The motivation of this paper is to prove verification theorems for stochastic optimal control of finite dimensional diffusion processes without control in the diffusion term, in the case that the value function is assumed to be continuous…

Probability · Mathematics 2007-05-23 Fausto Gozzi , Francesco Russo

We consider the inverse problem of determining the permeability from the pressure in a Darcy model of flow in a porous medium. Mathematically the problem is to find the diffusion coefficient for a linear uniformly elliptic partial…

Statistics Theory · Mathematics 2011-02-02 Masoumeh Dashti , Andrew M. Stuart

We introduce a general algorithm for the computation of the scale functions of a spectrally negative L\'evy process $X$, based on a natural weak approximation of $X$ via upwards skip-free continuous-time Markov chains with stationary…

Probability · Mathematics 2015-04-21 Aleksandar Mijatović , Matija Vidmar , Saul Jacka

In this article we study a class of stochastic functional differential equations driven by L\'{e}vy processes (in particular, $\alpha$-stable processes), and obtain the existence and uniqueness of Markov solutions in small time intervals.…

Probability · Mathematics 2012-11-30 Xicheng Zhang

We introduce the notion of stochastic product as a binary operation on the convex set of quantum states (the density operators) that preserves the convex structure, and we investigate its main consequences. We consider, in particular,…

Mathematical Physics · Physics 2019-07-24 Paolo Aniello

In this article we illustrate the relation between the existence of Wiener integrals with respect to a Levy process in a separable Banach space and radonifying operators. For this purpose, we introduce the class of theta-radonifying…

Probability · Mathematics 2015-06-18 Markus Riedle

The minimality of the penalization function associated with a convex risk measure is analyzed in this paper. First, in a general static framework, we provide necessary and sufficient conditions for a penalty function defined in a convex and…

Probability · Mathematics 2014-01-31 Daniel Hernández-Hernández , Leonel Pérez-Hernández

We provide a L\'evy-It\^o decomposition of sample paths of L\'evy processes with values in complete locally convex Suslin spaces. This class of state spaces contains the well investigated examples of separable Banach spaces, as well as…

Probability · Mathematics 2015-10-05 Florian Baumgartner

The classical notion of L\'evy process is generalized to one that takes as its values probabilities on a first order model equipped with a commutative semigroup. This is achieved by applying a convolution product on definable probabilities…

Logic · Mathematics 2009-10-27 Siu-Ah Ng

Using the method of Krylov's estimates, we prove the existence of weak solutions of stochastic differential equations driven by purely discontinuous Levy processes satisfying an additional assumption. The diffusion coefficient is assumed to…

Probability · Mathematics 2007-05-23 V. P. Kurenok

We study Markov processes associated with stochastic differential equations, whose non-linearities are gradients of convex functionals. We prove a general result of existence of such Markov processes and a priori estimates on the transition…

Probability · Mathematics 2007-05-23 Luigi Ambrosio , Giuseppe Savare , Lorenzo Zambotti

When optimization theorists consider optimization problems in infinite dimensional spaces, they need to deal with closed convex subsets(usually cones) which mostly have empty interior. These subsets often prevent optimization theorists from…

Functional Analysis · Mathematics 2022-10-19 Lixin Cheng , Weihao Mao

When is it possible to interpret a given Markov process as a L\'evy-like process? Since the class of L\'evy processes can be defined by the relation between transition probabilities and convolutions, the answer to this question lies in the…

Probability · Mathematics 2020-09-08 Rúben Sousa , Manuel Guerra , Semyon Yakubovich

The Cotter-Holm Slice Model (CHSM) was introduced to study the behavior of whether and specifically the formulation of atmospheric fronts, whose prediction is fundamental in meteorology. Considered herein is the influence of stochastic…

Analysis of PDEs · Mathematics 2020-11-03 Lei Zhang , Yu Shi , Chaozhu Hu , Weifeng Wang , Bin Liu

In this article, we introduce Mittag-Leffler L\'evy process and provide two alternative representations of this process. First, in terms of Laplace transform of the marginal densities and next as a subordinated stochastic process. Both…

Probability · Mathematics 2016-02-05 Arun Kumar , N. S. Upadhye

The Laplace transforms of the transition probability density and distribution functions for the Ornstein-Uhlenbeck process contain the product of two parabolic cylinder functions, namely D_{v}(x)D_{v}(y) and D_{v}(x)D_{v-1}(y),…

Mathematical Physics · Physics 2015-08-06 Dirk Veestraeten

We develop a numerical approach for computing the additive, multiplicative and compressive convolution operations from free probability theory. We utilize the regularity properties of free convolution to identify (pairs of) `admissible'…

Probability · Mathematics 2013-07-22 Sheehan Olver , Raj Rao Nadakuditi

We consider abstract inverse problems between infinite-dimensional Banach spaces. These inverse problems are typically nonlinear and ill-posed, making the inversion with limited and noisy measurements a delicate process. In this work, we…

Functional Analysis · Mathematics 2022-12-20 Giovanni S. Alberti , Ángel Arroyo , Matteo Santacesaria

We present remarkably simple proofs of Burkholder-Davis-Gundy inequalities for stochastic integrals and maximal inequalities for stochastic convolutions in Banach spaces driven by L\'{e}vy-type processes. Exponential estimates for…

Probability · Mathematics 2019-07-30 Jiahui Zhu , Zdzisław Brzeźniak , Wei Liu

Combinatorial Levy processes evolve on general state spaces of countable combinatorial structures. In this setting, the usual Levy process properties of stationary, independent increments are defined in an unconventional way in terms of the…

Probability · Mathematics 2016-12-20 Harry Crane
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