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In this paper, we extend the results of Elliott and Yang \cite{elliott3} and discuss the control of a stochastic process for which the driving noise is provided by a martingale associated with a semi-Markov Chain. An existence and a…

Probability · Mathematics 2025-12-23 Robert J. Elliott , Zhe Yang

Spearheaded by the recent efforts to derive stochastic geophysical fluid dynamics models, we present a generic framework for introducing stochasticity into variational principles through the concept of a semi-martingale driven variational…

Mathematical Physics · Physics 2021-04-07 Oliver D. Street , Dan Crisan

In this paper we introduce the concept of conic martingales}. This class refers to stochastic processes having the martingale property, but that evolve within given (possibly time-dependent) boundaries. We first review some results about…

Probability · Mathematics 2016-03-25 Frédéric Vrins , Monique Jeanblanc

We consider a general class of integro-differential evolution equations which includes the governing equation of the generalized grey Brownian motion and the time- and space-fractional heat equation. We present a general relation between…

Probability · Mathematics 2022-04-21 Christian Bender , Yana A. Butko

In this paper, we study the existence and (H\"older) regularity of local times of stochastic differential equations driven by fractional Brownian motions. In particular, we show that in one dimension and in the rough case H<1/2, the…

Probability · Mathematics 2016-02-24 Shuwen Lou , Cheng Ouyang

We develop a stochastic calculus that makes it easy to capture a variety of predictable transformations of semimartingales such as changes of variables, stochastic integrals, and their compositions. The framework offers a unified treatment…

Probability · Mathematics 2022-01-13 Aleš Černý , Johannes Ruf

We consider a mixed stochastic differential equation driven by possibly dependent fractional Brownian motion and Brownian motion. Under mild regularity assumptions on the coefficients, it is proved that the equation has a unique solution.

Probability · Mathematics 2011-11-09 Yuliya Mishura , Georgiy Shevchenko

We prove an It\^o-Wentzell formula for the fractional Brownian motion. As an application we derive an existence and uniqueness result for a class of stochastic differential equations driven by this stochastic process.

Probability · Mathematics 2024-11-19 Luís Maia

We present a numerical method for the approximation of solutions for the class of stochastic differential equations driven by Brownian motions which induce stochastic variation in fixed directions. This class of equations arises naturally…

Numerical Analysis · Mathematics 2010-06-15 David F. Anderson , Jonathan C. Mattingly

We consider a stochastic Volterra integral equation with regular path-dependent coefficients and a Brownian motion as integrator in a multidimensional setting. Under an imposed absolute continuity condition, the unique solution is a…

Probability · Mathematics 2021-03-29 Alexander Kalinin

Exact generalized stochastic representation of deterministic interaction between two dynamical (quantum or classical) systems is derived which helps when considering one of them to replace another by equivalent commutative ($c$-number…

Statistical Mechanics · Physics 2007-05-23 Yuriy E. Kuzovlev

In a 2006 article (\cite{A1}), Allouba gave his quadratic covariation differentiation theory for It\^o's integral calculus. He defined the derivative of a semimartingale with respect to a Brownian motion as the time derivative of their…

Probability · Mathematics 2014-07-23 Hassan Allouba , Ramiro Fontes

We study a class of semi-implicit Taylor-type numerical methods that are easy to implement and designed to solve multidimensional stochastic differential equations driven by a general rough noise, e.g. a fractional Brownian motion. In the…

Numerical Analysis · Mathematics 2020-06-25 Sebastian Riedel , Yue Wu

In this paper we consider the controllability of certain class of non-autonomous neutral evolution stochastic functional differential equations, with time varying delays, driven by a fractional Brownian motion in a separable real Hilbert…

Probability · Mathematics 2015-04-01 E. Lakhel

We study an ordinary differential equation controlled by a stochastic process. We present results on existence and uniqueness of solutions, on associated local times (Trotter and Ray-Knight theorems), and on time and direction of…

Probability · Mathematics 2007-05-23 Richard F. Bass , Krzysztof Burdzy

This paper establishes a discretization scheme for a large class of stochastic differential equations driven by a time-changed Brownian motion with drift, where the time change is given by a general inverse subordinator. The scheme involves…

Probability · Mathematics 2015-11-13 Ernest Jum , Kei Kobayashi

In this paper, high-order moment, even exponential moment, estimates are established for the H\"older norm of solutions to stochastic differential equations driven by fractional Brownian motion whose drifts are measurable and have linear…

Probability · Mathematics 2020-05-01 Xi-Liang Fan , Shao-Qin Zhang

Stochastic differential equations (SDE) are widely used in modeling stochastic dynamics in literature. However, SDE alone is not enough to determine a unique process. A specified interpretation for stochastic integration is needed.…

Mathematical Physics · Physics 2012-10-18 Jianghong Shi , Tianqi Chen , Ruoshi Yuan , Bo Yuan , Ping Ao

We develop the functional It\^o/path-dependent calculus with respect to fractional Brownian motion with Hurst parameter $H> \frac{1}{2}$. Firstly, two types of integrals are studied. The first type is Stratonovich integral, and the second…

Probability · Mathematics 2016-08-04 Jiaqiang Wen , Yufeng Shi

Let the process Y(t) be a Skorohod integral process with respect to Brownian motion. We use a recent result by Tudor (2004), to prove that Y(t) can be represented as the limit of linear combinations of processes that are products of forward…

Probability · Mathematics 2016-08-16 Giovanni Peccati , Michèle Thieullen , Ciprian A. Tudor