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Many classical variables (statistics) are selfdecomposable. They admit the random integral representations via L\'evy processes. In this note are given formulas for their background driving distribution functions (BDDF). This may be used…

Probability · Mathematics 2022-05-23 Zbigniew J. Jurek

We show that a conditional characteristic function of generalized L\'evy stochastic areas can be viewed as a product a selfdecomposable distribution (i.e., L\'evy class L distribution) and its background driving characteristic function.…

Probability · Mathematics 2010-09-21 Zbigniew J. Jurek

The paper describes the self-decomposable distribution and the background driving L\'evy process (BDLP) associated with the Generalized Tempered Stable (GTS) distribution. Two distributions are provided: the background driving L\'evy…

Probability · Mathematics 2024-05-28 A. H. Nzokem

We summarize the relations among three classes of laws: infinitely divisible, selfdecomposable and stable. First we look at them as the solutions of the Central Limit Problem; then their role is scrutinized in relation to the Levy and the…

Statistical Mechanics · Physics 2008-05-06 Nicola Cufaro Petroni

In this note we identify the class of distributions for {Xn} that can generate a linear, additive, first order auto-regressive scheme that is marginally stationary as semi-selfdecomposable laws. We give a method to construct these…

Probability · Mathematics 2007-06-13 S Satheesh , E Sandhya

We investigate distributions of hyperbolic Bessel processes. We find links between the hyperbolic cosine of hyperbolic Bessel processes and functionals of geometric Brownian motion. We present an explicit formula for the Laplace transform…

Probability · Mathematics 2013-12-23 Jacek Jakubowski , Maciej Wiśniewolski

In the probability theory limit distributions (or probability measures) are often characterized by some convolution equations (factorization properties) rather than by Fourier transforms (the characteristic functionals). In fact, usually…

Probability · Mathematics 2013-07-24 Zbigniew J. Jurek

For $\,0<\alpha\le \infty$, new subclasses $\,\mathcal{U}^{<\alpha>}$ of the class $\,\mathcal{U}$, of s-selfdecomposable probability measures, are studied. They are described by random integrals, by their characteristic functions and their…

Probability · Mathematics 2014-03-04 Zbigniew J. Jurek

Based on the concept of self-decomposability, we extend some recent multivariate L\'evy models built using multivariate subordination with the aim of capturing situations in which a sudden event in one market is propagated onto related…

Pricing of Securities · Quantitative Finance 2020-07-31 Matteo Gardini , Piergiacomo Sabino , Emanuela Sasso

We prove convergence to a Levy process for a class of dispersing billiards with cusps. For such examples, convergence to a stable law was proved by Jung & Zhang. For the corresponding functional limit law, convergence is not possible in the…

Dynamical Systems · Mathematics 2020-04-22 Ian Melbourne , Paulo Varandas

We provide the increasing eigenfunctions associated to spectrally negative self-similar Feller semigroups, which have been introduced by Lamperti. These eigenfunctions are expressed in terms of a new family of power series which includes,…

Probability · Mathematics 2009-11-09 Pierre Patie

We prove that the convolution of a selfdecomposable distribution with its background driving law is again selfdecomposable if and only if the background driving law is s-selfdecomposable. We will refer to this as the \textit{factorization…

Probability · Mathematics 2010-09-21 A. M. Iksanov , Z. J. Jurek , B. M. Schreiber

This paper studies new classes of infinitely divisible distributions on R^d. Firstly, the connecting classes with a continuous parameter between the Jurek class and the class of selfdecomposable distributions are revisited. Secondly, the…

Probability · Mathematics 2009-09-11 Makoto Maejima , Muneya Matsui , Mayo Suzuki

We prove that the convolution of a selfdecomposable distribution with its background driving law is again selfdecomposable if and only if the background driving law is s-selfdecomposable. We will refer to this as the factorization property…

Probability · Mathematics 2007-05-23 Aleksander M. Iksanov , Zbigniew J. Jurek , Bertram M. Schreiber

When is it possible to interpret a given Markov process as a L\'evy-like process? Since the class of L\'evy processes can be defined by the relation between transition probabilities and convolutions, the answer to this question lies in the…

Probability · Mathematics 2020-09-08 Rúben Sousa , Manuel Guerra , Semyon Yakubovich

In this paper, we study some aspects on random analysis on the L\'eevy stochastic processes with margins following generalized hyperbolic distributions generated by gamma laws. In particular we study the boundedness of its total variations…

Probability · Mathematics 2022-12-14 Nafy Ngom , Aladji Babacar Niang , Soumaila Dembele , Gane Samb Lo

Linear skew-product semidynamical systems generated by random systems of delay differential equations are considered, both on a space of continuous functions as~well as on a space of $p$-summable functions. The main result states that in…

Dynamical Systems · Mathematics 2020-02-20 Janusz Mierczyński , Sylvia Novo , Rafael Obaya

In the probability theory \emph{selfdecomposable, or class $L_0$ distributions} play an important role as they are limiting distributions of normalized partial sums of sequences of independent, not necessarily identically distributed,…

Probability · Mathematics 2023-01-30 Zbigniew J. Jurek

This paper considers systems of balance law with a dissipative non local source. A global in time well posedness result is obtained. Estimates on the dependence of solutions from the flow and from the source term are also provided. The…

Analysis of PDEs · Mathematics 2007-12-12 Rinaldo M. Colombo , Graziano Guerra

We review the probabilistic properties of Ornstein-Uhlenbeck processes in Hilbert spaces driven by L\'{e}vy processes. The emphasis is on the different contexts in which these processes arise, such as stochastic partial differential…

Probability · Mathematics 2014-11-12 David Applebaum
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