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Statistically self-similar measures on $[0,1]$ are limit of multiplicative cascades of random weights distributed on the $b$-adic subintervals of $[0,1]$. These weights are i.i.d, positive, and of expectation $1/b$. We extend these cascades…

Probability · Mathematics 2009-02-18 Julien Barral , Benoit Mandelbrot

In the face of the upcoming 30th anniversary of econophysics, we review our contributions and other related works on the modeling of the long-range memory phenomenon in physical, economic, and other social complex systems. Our group has…

Physics and Society · Physics 2021-08-31 Rytis Kazakevicius , Aleksejus Kononovicius , Bronislovas Kaulakys , Vygintas Gontis

A general class of non-Markov, supercritical Gaussian branching particle systems is introduced and its long-time asymptotics is studied. Both weak and strong laws of large numbers are developed with the limit object being characterized in…

Probability · Mathematics 2018-07-30 Michael A. Kouritzin , Khoa Lê , Deniz Sezer

Sub-fractional Brownian motion is a process analogous to fractional Brownian motion but without stationary increments. In \cite{GGL1} we proved a strong uniform approximation with a rate of convergence for fractional Brownian motion by…

Probability · Mathematics 2012-02-09 Johanna Garzon , Luis G. Gorostiza , Jorge A. Leon

We study the effect of observing a stationary process at irregular time points via a renewal process. We establish a sharp difference in the asymptotic behaviour of the self-normalized sample mean of the observed process depending on the…

Statistics Theory · Mathematics 2024-11-04 Mohamedou Ould-Haye , Anne Philippe

We consider processes with second order long range dependence resulting from heavy tailed durations. We refer to this phenomenon as duration-driven long range dependence (DDLRD), as opposed to the more widely studied linear long range…

Statistics Theory · Mathematics 2012-09-19 Meng-Chen Hsieh , Clifford M. Hurvich , Philippe Soulier

We extend the recently developed generalized Floquet theory [Phys. Rev. Lett. 110, 170602 (2013)] to systems with infinite memory. In particular, we show that a lower asymptotic bound exists for the Floquet exponents associated to such…

Mathematical Physics · Physics 2013-08-20 Fabio L. Traversa , Massimiliano Di Ventra , Federica Cappelluti , Fabrizio Bonani

In this paper we study three self-similar, long-range dependence, Gaussian processes. The first one, with covariance \int_0^{s\wedge t} u^a [(t-u)^b+(s-u)^b]du, parameters a>-1, -1<b\leq 1, |b|\leq 1+a, corresponds to fractional Brownian…

Probability · Mathematics 2012-03-14 Tomasz Bojdecki , Luis G. Gorostiza , Anna Talarczyk

We define a time dependent empirical process based on $n$ i.i.d.~fractional Brownian motions and establish Gaussian couplings and strong approximations to it by Gaussian processes. They lead to functional laws of the iterated logarithm for…

Probability · Mathematics 2016-06-21 Péter Kevei , David M. Mason

This article develops a periodic version of a time varying parameter fractional process in the stationary region. It is a partial extension of Hosking (1981)'s article which dealt with the case where the coefficients are invariant in time.…

Statistics Theory · Mathematics 2020-08-06 Amine Amimour , Karima Belaide

In a paper of Jason Swanson, a CLT for the sample median of independent Brownian motions with value 0 at 0 was proved. Here we extend this result in two ways. We prove such a result for a collection of self-similar processes which include…

Probability · Mathematics 2013-08-21 James Kuelbs , Joel Zinn

We address the problem of long-range memory in the financial markets. There are two conceptually different ways to reproduce power-law decay of auto-correlation function: using fractional Brownian motion as well as non-linear stochastic…

Statistical Finance · Quantitative Finance 2017-05-24 V. Gontis , A. Kononovicius

We consider the problem of tracking a target whose dynamics is modeled by a continuous It\=o semi-martingale. The aim is to minimize both deviation from the target and tracking efforts. We establish the existence of asymptotic lower bounds…

Probability · Mathematics 2015-10-16 Jiatu Cai , Mathieu Rosenbaum , Peter Tankov

This article studies typical dynamics and fluctuations for a slow-fast dynamical system perturbed by a small fractional Brownian noise. Based on an ergodic theorem with explicit rates of convergence, which may be of independent interest, we…

Probability · Mathematics 2020-08-20 Solesne Bourguin , Siragan Gailus , Konstantinos Spiliopoulos

Brownian and fractional processes are useful computational tools for the modelling of physical phenomena. Here, modelling linear homopolymers in solution as Brownian or fractional processes, we develop a formalism to take into account both…

Soft Condensed Matter · Physics 2025-01-23 Samuel Eleutério , R. Vilela Mendes

Over the last 30 years, extensive work has been devoted to developing central limit theory for partial sums of subordinated long memory linear time series. A much less studied problem, motivated by questions that are ubiquitous in extreme…

Probability · Mathematics 2026-03-24 Ioan Scheffel , Marco Oesting , Gilles Stupfler

In this paper we present some new asymptotic results for high frequency statistics of Brownian semi-stationary processes. More precisely, we will show that singularities in the weight function, which is one of the ingredients of a BSS…

Probability · Mathematics 2014-03-27 Kerstin Gaertner , Mark Podolskij

The strong $L^2$-approximation of occupation time functionals is studied with respect to discrete observations of a $d$-dimensional c\`adl\`ag process. Upper bounds on the error are obtained under weak assumptions, generalizing previous…

Probability · Mathematics 2021-02-02 Randolf Altmeyer

We study the two-dimensional fractional Brownian motion with Hurst parameter $H>{1/2}$. In particular, we show, using stochastic calculus, that this process admits a skew-product decomposition and deduce from this representation some…

Probability · Mathematics 2007-05-23 Fabrice Baudoin , David Nualart

Many diffusion processes in nature and society were found to be anomalous, in the sense of being fundamentally different from conventional Brownian motion. An important example is the migration of biological cells, which exhibits…

Statistical Mechanics · Physics 2018-02-13 J. M. Nava-Sedeno , H. Hatzikirou , R. Klages , A. Deutsch
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