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Related papers: Fractional L\'evy processes as a result of compact…

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We study well-posedness of sweeping processes with stochastic perturbations generated by a fractional Brownian motion and convergence of associated numerical schemes. To this end, we first prove new existence, uniqueness and approximation…

Classical Analysis and ODEs · Mathematics 2015-05-07 Adrian Falkowski , Leszek Slominski

Fractional Brownian motion is a non-Markovian Gaussian process indexed by the Hurst exponent $H\in [0,1]$, generalising standard Brownian motion to account for anomalous diffusion. Functionals of this process are important for practical…

Statistical Mechanics · Physics 2021-11-24 Tridib Sadhu , Kay Jörg Wiese

Levy walks define a fundamental concept in random walk theory which allows one to model diffusive spreading that is faster than Brownian motion. They have many applications across different disciplines. However, so far the derivation of a…

Statistical Mechanics · Physics 2016-07-08 J. P. Taylor-King , R. Klages , S. Fedotov , R. A. Van Gorder

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

For a general c\`adl\`ag L\'evy process on a separable Banach space $V$ we estimate values of $\inf_{Y\in{\cal A}_X} \mathbb{E}\left\{ \psi\left( \Vert X - Y \Vert_\infty\right) + \mathrm{TV}(Y[0,T]) \right\}$, where ${\cal A}_X$ is the…

Probability · Mathematics 2020-10-01 W. M. Bednorz , Rafał M. Łochowski , R. Martynek

We analyze a class of linear partial differential equations that arise as deterministic descriptions of the scaling limits of L\'evy walks, in which transport is driven by a convex combination of fractional material derivatives and a source…

Numerical Analysis · Mathematics 2026-02-03 Łukasz Płociniczak , Marek A. Teuerle , Hubert Woszczek

Assume a L\'evy process $X$ on the time interval $[0,1]$ that is an $L_2$-martingale and let $Y$ be either its stochastic exponential or $X$ itself. We consider Riemann-approximations of certain stochastic integrals driven by $Y$ and relate…

Probability · Mathematics 2012-01-04 Christel Geiss , Stefan Geiss , Eija Laukkarinen

Single-file diffusion behaves as normal diffusion at small time and as anomalous subdiffusion at large time. These properties can be described by fractional Brownian motion with variable Hurst exponent or multifractional Brownian motion. We…

Statistical Mechanics · Physics 2015-05-13 S. C. Lim , L. P. Teo

Fractional Brownian motion is a non-Markovian Gaussian process $X_t$, indexed by the Hurst exponent $H$. It generalises standard Brownian motion (corresponding to $H=1/2$). We study the probability distribution of the maximum $m$ of the…

Statistical Mechanics · Physics 2015-11-25 Mathieu Delorme , Kay Joerg Wiese

Fractional mechanics describes both conservative and non-conservative systems. The fractional variational principles gained importance in studying the fractional mechanics and several versions are proposed. In classical mechanics the…

Mathematical Physics · Physics 2007-08-14 Dumitru Baleanu , Sami I. Muslih , Eqab M. Rabei

We show that a pathwise stochastic integral with respect to fractional Brownian motion with an adapted integrand $g$ can have any prescribed distribution, moreover, we give both necessary and sufficient conditions when random variables can…

Probability · Mathematics 2013-03-22 Yuliya Mishura , Georgiy Shevchenko , Esko Valkeila

Levy walks are random processes with an underlying spatiotemporal coupling. This coupling penalizes long jumps, and therefore Levy walks give a proper stochastic description for a particle's motion with broad jump length distribution. We…

Statistical Mechanics · Physics 2009-11-07 Igor M. Sokolov , Ralf Metzler

Fractional analysis is applied to describe classical dynamical systems. Fractional derivative can be defined as a fractional power of derivative. The infinitesimal generators {H, .} and L=G(q,p) \partial_q+F(q,p) \partial_p, which are used…

Classical Physics · Physics 2011-07-29 Vasily E. Tarasov

We present a simple construction method for Feller processes and a framework for the generation of sample paths of Feller processes. The construction is based on state space dependent mixing of L\'evy processes. Brownian Motion is one of…

Probability · Mathematics 2010-12-07 Björn Böttcher

Fractional Brownian motion, a stochastic process with long-time correlations between its increments, is a prototypical model for anomalous diffusion. We analyze fractional Brownian motion in the presence of a reflecting wall by means of…

Statistical Mechanics · Physics 2018-02-21 Alexander H. O. Wada , Thomas Vojta

We develop a path integral approach to quantum field theory that is defined over the paths of the Le'vy flights possessing a fractal dimension $1<d_f<2$. In standard quantum field theory, the fractality of the Brownian trajectories lead to…

High Energy Physics - Theory · Physics 2024-11-18 Zheng-Wei Cheng , You-Kai Wang , Xia Wan

In this paper we present new theoretical results on optimal estimation of certain random quantities based on high frequency observations of a L\'evy process. More specifically, we investigate the asymptotic theory for the conditional mean…

Probability · Mathematics 2020-01-09 Jevgenijs Ivanovs , Mark Podolskij

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

Let $B=(B^{(1)},B^{(2)})$ be a two-dimensional fractional Brownian motion with Hurst index $\alpha\in (0,1/4)$. Using an analytic approximation $B(\eta)$ of $B$ introduced in \cite{Unt08}, we prove that the rescaled L\'evy area process…

Probability · Mathematics 2008-08-29 Jeremie Unterberger

The fractional Brownian motion (fBm) extends the standard Brownian motion by introducing some dependence between non-overlapping increments. Consequently, if one considers for example that log-prices follow an fBm, one can exploit the…

Mathematical Finance · Quantitative Finance 2021-09-02 Matthieu Garcin