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We study the local (in time) expansion of a continuous-time process and its conditional moments, including the process' characteristic function. The expansions are conducted by using the properties of the (time-extended) Ito signature, a…

Mathematical Finance · Quantitative Finance 2025-04-10 Federico M. Bandi , Roberto Renò , Sara Svaluto-Ferro

We consider the model of branching Brownian motion with a single catalytic point at the origin and binary branching. We establish some fine results for the asymptotic behaviour of the numbers of particles travelling at different speeds and…

Probability · Mathematics 2019-03-19 Sergey Bocharov

Let $u(s,t)$ be a continuous potential density of a symmetric L\'evy process or diffusion with state space $T$ killed at $T_{0}$, the first hitting time of $0$, or at $\lambda \wedge T_{0}$, where $\lambda$ is an independent exponential…

Probability · Mathematics 2024-02-13 Michael B. Marcus , Jay Rosen

Brownian motion in terms of Lifson and Jackson (LJ) formula has been widely explored in periodic systems and it has been believed for a long time that the LJ formula only applies to periodic potentials. Recently we show that for the…

Statistical Mechanics · Physics 2025-10-14 Ming Gong

We consider a stable Cox--Ingersoll--Ross process driven by a standard Wiener process and a spectrally positive strictly stable L\'evy process, and we study asymptotic properties of the maximum likelihood estimator (MLE) for its growth rate…

Statistics Theory · Mathematics 2019-08-23 Matyas Barczy , Mohamed Ben Alaya , Ahmed Kebaier , Gyula Pap

In this paper, we study the asymptotic relation between the maximum of acontinuous order statistics process formed by stationary Gaussian processesand the maximum of this process sampled at discrete time points. It is shown that, these two…

Probability · Mathematics 2019-10-18 Zhongquan Tan

In the context of statistical physics, critical phenomena are accompanied by power laws having a singularity at the critical point where a sudden change in the state of the system occurs. In this work, we show that lean blowout (LBO) in a…

Fluid Dynamics · Physics 2023-03-15 Ankan Banerjee , Induja Pavithran , R. I. Sujith

In this paper, we extend the maximum modulus estimate of the solutions of the nonstationary Stokes equations in the bounded $C^2$ cylinders for the space variables in \cite{CC} to time estimate. We show that if the boundary data is…

Analysis of PDEs · Mathematics 2013-08-08 Tongkeun Chang , Hi Jun Choe

We consider a one-dimensional stationary time series of fixed duration $T$. We investigate the time $t_{\rm m}$ at which the process reaches the global maximum within the time interval $[0,T]$. By using a path-decomposition technique, we…

Statistical Mechanics · Physics 2022-11-23 Francesco Mori , Satya N. Majumdar , Gregory Schehr

The behavior of the maximal displacement of a supercritical branching random walk has been a subject of intense studies for a long time. But only recently the case of time-inhomogeneous branching has gained focus. The contribution of this…

Probability · Mathematics 2021-12-23 Bastien Mallein , Piotr Miłoś

We are interested to detect periodic signals in Hilbert space valued time series when the length of the period is unknown. A natural test statistic is the maximum Hilbert-Schmidt norm of the periodogram operator over all fundamental…

Statistics Theory · Mathematics 2020-07-07 Clément Cerovecki , Vaidotas Characiejus , Siegfried Hörmann

We show that, simultaneous local scaling of coordinate and time keeping the velocity unaltered is a symmetry of an It\^o-process. Using this symmetry, any It\^o-process can be mapped to a universal additive Gaussian-noise form. We use this…

Statistical Mechanics · Physics 2024-05-03 A. Bhattacharyay

We consider the maximum process of a random walk with additive independent noise in form of $\max_{i=1,\dots,n}(S_i+Y_i)$. The random walk may have dependent increments, but its sample path is assumed to converge weakly to a fractional…

Probability · Mathematics 2014-02-12 Yizao Wang

For a recurrent linear diffusion on $\R_+$ we study the asymptotics of the distribution of its local time at 0 as the time parameter tends to infinity. Under the assumption that the L\'evy measure of the inverse local time is subexponential…

Probability · Mathematics 2008-05-29 Paavo Salminen , Pierre Vallois

We consider the problem of finding a stopping time that minimises the $L^1$-distance to $\theta$, the time at which a L\'evy process attains its ultimate supremum. This problem was studied in [12] for a Brownian motion with drift and a…

Probability · Mathematics 2014-01-08 Erik Baurdoux , Kees van Schaik

We consider wave equations with a special type of log-fractional damping. We study the Cauchy problem for this model in the whole space, and we obtain an asymptotic profile and optimal estimates of solutions as time goes to infinity in…

Analysis of PDEs · Mathematics 2022-10-06 Ruy Coimbra Charão , Ryo Ikehata

Continuity of local time for Brownian motion ranks among the most notable mathematical results in the theory of stochastic processes. This article addresses its implications from the point of view of applications. In particular an extension…

Probability · Mathematics 2015-03-17 Jorge M. Ramirez , Edward C. Waymire , Enrique A. Thomann

We present an exact solution for the probability density function $P(\tau=t_{\min}-t_{\max}|T)$ of the time-difference between the minimum and the maximum of a one-dimensional Brownian motion of duration $T$. We then generalise our results…

Statistical Mechanics · Physics 2020-04-20 Francesco Mori , Satya N. Majumdar , Gregory Schehr

We show that for any uniformly bounded in time $H^1\cap L^1$ solution of the dispersive generalized Benjamin-Ono equation, the limit infimum, as time $t$ goes to infinity, converges to zero locally in an increasing-in-time region of space…

Analysis of PDEs · Mathematics 2019-06-05 Felipe Linares , Argenis Mendez , Gustavo Ponce

Let $X$ and $Y$ be two independent random walks on $\Z^2$ with zero mean and finite variances, and let $L_t(X,Y)$ be the local time of $X-Y$ at the origin at time $t$. We show that almost surely with respect to $Y$, $L_t(X,Y)/\log t$…

Probability · Mathematics 2008-06-10 Jürgen Gärtner , Rongfeng Sun