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To extend several known centered Gaussian processes, we introduce a new centered mixed self-similar Gaussian process called the mixed generalized fractional Brownian motion, which could serve as a good model for a larger class of natural…

Probability · Mathematics 2021-02-23 Ezzedine Mliki , Shaykhah Alajmi

Many complex systems generate multifractal time series which are long-range cross-correlated. Numerous methods have been proposed to characterize the multifractal nature of these long-range cross correlations. However, several important…

Statistical Finance · Quantitative Finance 2015-10-14 Wen-Jie Xie , Zhi-Qiang Jiang , Gao-Feng Gu , Xiong Xiong , Wei-Xing Zhou

Strongly consistent and asymptotically normal estimators of the Hurst index and volatility parameters of solutions of stochastic differential equations with polynomial drift are proposed. The estimators are based on discrete observations of…

Probability · Mathematics 2015-05-19 Kestutis Kubilius , Viktor Skorniakov , Dmitrij Melichov

Fractional Brownian motion (fBm) is a canonical model for long-memory phenomena. In the presence of large amounts of potentially memory-bearing data, the data are often averaged, which can change the structure of the underlying…

By constructing a new family of successful couplings, the Driver-type integration by parts formula is established for the operator associated with stochastic differential equation driven by fractional Brownian motion. As applications, shift…

Probability · Mathematics 2014-07-29 Xiliang Fan

We survey some new progress on the pricing models driven by fractional Brownian motion \cb{or} mixed fractional Brownian motion. In particular, we give results on arbitrage opportunities, hedging, and option pricing in these models. We…

Pricing of Securities · Quantitative Finance 2010-04-20 Christian Bender , Tommi Sottinen , Esko Valkeila

The sub-fractional Brownian motion (sfBm) is a stochastic process, characterized by non-stationarity in their increments and long-range dependency, considered as an intermediate step between the standard Brownian motion (Bm) and the…

Mathematical Finance · Quantitative Finance 2021-04-09 Axel A. Araneda , Nils Bertschinger

We introduce a multistable subordinator, which generalizes the stable subordinator to the case of time-varying stability index. This enables us to define a multifractional Poisson process. We study properties of these processes and…

Probability · Mathematics 2014-09-05 Ilya Molchanov , Kostiantyn Ralchenko

We propose a macroscopic realization of planar Brownian motion by vertically vibrated disks. We perform a systematic statistical analysis of many random trajectories of individual disks. The distribution of increments is shown to be almost…

Statistical Mechanics · Physics 2018-12-19 Yann Lanoiselée , Guillaume Briand , Olivier Dauchot , Denis S. Grebenkov

Herein we develop a dynamical foundation for fractional Brownian Motion. A clear relation is established between the asymptotic behaviour of the correlation function and diffusion in a dynamical system. Then, assuming that scaling is…

chao-dyn · Physics 2008-02-03 R Mannella , P Grigolini , BJ West

We study the fBm by use of convolution of the standard white noise with a certain distribution. This brings some simplifications and new results.

Probability · Mathematics 2009-05-01 Denis Feyel , Arnaud De La Pradelle

A time-changed fractional mixed fractional Brownian motion by inverse alpha stable subordinator with index alpha in (0, 1) is an iterated process L constructed as the superposition of fractional mixed fractional Brownian motion N(a, b) and…

Probability · Mathematics 2023-01-25 Ezzedine Mliki

We study the Brownian dynamics of a solid particle on a vibrating solid surface. Phenomenologically, the interaction between the two solid surfaces is modeled by solid friction, and the Gaussian white noise models the vibration of the solid…

Statistical Mechanics · Physics 2017-06-15 Prasenjit Das , Moshe Schwartz , Sanjay Puri

We obtain invariance principles for a wide class of fractionally integrated nonlinear processes. The limiting distributions are shown to be fractional Brownian motions. Under very mild conditions, we extend earlier ones on long memory…

Probability · Mathematics 2007-06-13 Wei Biao Wu , Xiaofeng Shao

In this article, we present molecular dynamics study of the velocity autocorrelation function (VACF) of a Brownian particle. We compare the results of the simulation with the exact analytic predictions for a compressible fluid from [6] and…

Soft Condensed Matter · Physics 2012-04-23 D. Chakraborty

We show how conformal invariance predicts the functional form of two-point correlators in one-dimensional periodic quantum systems. Numerical evidence for this functional form in a wide class of models --- including long-ranged ones --- is…

Condensed Matter · Physics 2007-05-23 Rudolf A. R"omer , Bill Sutherland

Let $B^{a,b}$ be a weighted fractional Brownian motion with indices $a,b$ satisfying $a>-1,-1<b<0,|b|<1+a$. In this paper, motivated by the asymptotic property $$ E[(B^{a,b}_{s+\varepsilon}-B^{a,b}_s)^2] =O(\varepsilon^{1+b})\not\sim…

Probability · Mathematics 2016-03-08 XIchao Sun , Litan Yan , Qinghua Zhang

We show how the mathematical structure of large-deviation principles matches well with the concept of coarse-graining. For those systems with a large-deviation principle, this may lead to a general approach to coarse-graining through the…

Analysis of PDEs · Mathematics 2014-04-08 Manh Hong Duong , Mark A. Peletier , Upanshu Sharma

We present decompositions of various positive kernels as integrals or sums of positive kernels. Within this framework we study the reproducing kernel Hilbert spaces associated with the fractional and bi-fractional Brownian motions. As a…

Probability · Mathematics 2007-05-23 Daniel Alpay , David Levanony

The convergence of multiple Fourier series of functions of bounded partial $% \Lambda$-variation is investigated. The sufficient and necessary conditions on the sequence $\Lambda=\{\lambda_n\}$ are found for the convergence of multiple…

Analysis of PDEs · Mathematics 2012-10-17 Ushangi Goginava , Artur Sahakian