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Related papers: On the Coupling Property of L\'{e}vy Processes

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Various recent results on quantum L\'evy processes are presented. The first part provides an introduction to the theory of L\'evy processes on involutive bialgebras. The notion of independence used for these processes is tensor…

Probability · Mathematics 2007-05-23 Uwe Franz

The standard Levy walk is performed by a particle that moves ballistically between randomly occurring collisions, when the intercollision time is a random variable governed by a power-law distribution. During instantaneous collision events…

Statistical Mechanics · Physics 2012-04-03 S. Denisov , V. Zaburdaev , P. Hanggi

We consider piecewise deterministic Markov processes with degenerate transition kernels of the "house-of-cards"-type. We use a splitting scheme based on jump times to prove the absolute continuity, as well as some regularity, of the…

Probability · Mathematics 2016-01-27 Eva Löcherbach

We find necessary and sufficient conditions for almost sure finiteness of integral functionals of spectrally positive L\'evy processes. Via Lamperti type transforms, these results can be applied to obtain new integral tests on extinction…

Probability · Mathematics 2020-06-15 Pei-Sen Li , Xiaowen Zhou

We consider rough paths with jumps. In particular, the analogue of Lyons' extension theorem and rough integration are established in a jump setting, offering a pathwise view on stochastic integration against cadlag processes. A class of…

Probability · Mathematics 2014-12-01 Peter Friz , Atul Shekhar

The convergence of a sequence of point processes with dependent points, defined by a symmetric function of iid high-dimensional random vectors, to a Poisson random measure is proved. This also implies the convergence of the joint…

Probability · Mathematics 2024-02-14 Johannes Heiny , Carolin Kleemann

Let $\{L(t),t\geq 0\}$ be a L\'{e}vy process with representative random variable $L(1)$ defined by the infinitely divisible logarithmic series distribution. We study here the transition probability and L\'{e}vy measure of this process. We…

Probability · Mathematics 2019-12-18 Penka Mayster , Assen Tchorbadjieff

We consider a general d-dimensional Levy-type process with killing. Combining the classical Dyson series approach with a novel polynomial expansion of the generator A(t) of the Levy-type process, we derive a family of asymptotic…

Computational Finance · Quantitative Finance 2014-12-01 Matthew Lorig , Stefano Pagliarani , Andrea Pascucci

We consider here convolution operators, in the Caputo sense, with non-singular kernels. We prove that the solutions to some integro-differential equations with such operators (acting on the space variable) coincide with the transition…

Probability · Mathematics 2021-07-01 Luisa Beghin , Michele Caputo

These lecture notes are an extended version of my lectures on L\'evy and L\'evy-type (Feller) processes given at the "Second Barcelona Summer School on Stochastic Analysis" 2014 organized by the Centre de Recerca Matemaatica (CRM). The…

Probability · Mathematics 2016-10-18 René L. Schilling

We study small time bounds for transition densities of convolution semigroups corresponding to pure jump L\'evy processes in $\mathbb{R}^{d}$, $d \geq 1$, including those with jumping kernels exponentially and subexponentially localized at…

Probability · Mathematics 2015-06-16 Kamil Kaleta , Paweł Sztonyk

The natural analogue for a Levy process of Cramer's estimate for a reflected random walk is a statement about the exponential rate of decay of the tail of the characteristic measure of the height of an excursion above the minimum. We…

Probability · Mathematics 2007-05-23 R. A. Doney , R. A. Maller

We study sums of independent and identically distributed random velocities in special relativity. We show that the resulting one-dimensional velocity distributions are not only stable under relativistic velocity addition but define a…

Statistical Mechanics · Physics 2025-12-03 Lucas G. B. de Souza , M. G. E. da Luz , E. P. Raposo , Evaldo M. F. Curado , G. M. Viswanathan

In the present work, we consider spectrally positive L\'evy processes $(X_t,t\geq0)$ not drifting to $+\infty$ and we are interested in conditioning these processes to reach arbitrarily large heights (in the sense of the height process…

Probability · Mathematics 2012-03-21 Mathieu Richard

We establish explicit quenched asymptotics for pure-jump symmetric L\'evy processes in general Poissonian potentials, which is closely related to large time asymptotic behavior of solutions to the nonlocal parabolic Anderson problem with…

Probability · Mathematics 2020-08-25 Jian Wang

We discuss an impact of various (path-wise) reflection-from-the barrier scenarios upon confining properties of a paradigmatic family of symmetric $\alpha $-stable L\'{e}vy processes, whose permanent residence in a finite interval on a line…

Statistical Mechanics · Physics 2022-07-19 Piotr Garbaczewski , Mariusz Żaba

This paper provides a multivariate extension of Bertoin's pathwise construction of a L\'evy process conditioned to stay positive/negative. Thus obtained processes conditioned to stay in half-spaces are closely related to the original…

Probability · Mathematics 2021-05-27 Jevgenijs Ivanovs , Jakob D. Thøstesen

For a spectrally one-sided L\'{e}vy process, we extend various two-sided exit identities to the situation when the process is only observed at arrival epochs of an independent Poisson process. In addition, we consider exit problems of this…

Probability · Mathematics 2016-03-18 Hansjörg Albrecher , Jevgenijs Ivanovs , Xiaowen Zhou

We propose Mecke-Palm formulas for multiple integrals with respect to a Poisson random measure interlaced with its intensity measure. We apply such formulas to multiple mixed L\'evy systems of L\'evy processes and obtain moment formulas for…

Probability · Mathematics 2016-06-14 Krzysztof Bogdan , Jan Rosiński , Grzegorz Serafin , Łukasz Wojciechowski

This paper provides rate-efficient estimators of the volatility parameter in the presence of L\'{e}vy jumps

Statistics Theory · Mathematics 2016-08-16 Yacine Aït-Sahalia , Jean Jacod