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In this paper we study set-valued Volterra-type stochastic integrals driven by L\'{e}vy processes. Upon extending the classical definitions of set-valued stochastic integral functionals to convoluted integrals with square-integrable…

Probability · Mathematics 2024-12-04 Weixuan Xia

We consider additive functionals of stationary Markov processes and show that under Kipnis-Varadhan type conditions they converge in rough path topology to a Stratonovich Brownian motion, with a correction to the Levy area that can be…

Probability · Mathematics 2019-12-23 Jean-Dominique Deuschel , Tal Orenshtein , Nicolas Perkowski

Let $\mathbb{Q}$ and $\mathbb{P}$ be equivalent probability measures and let $\psi$ be a $J$-dimensional vector of random variables such that $\frac{d\mathbb{Q}}{d\mathbb{P}}$ and $\psi$ are defined in terms of a weak solution $X$ to a…

Probability · Mathematics 2014-10-21 Dmitry Kramkov , Silviu Predoiu

We study triangulation schemes for the joint kernel of a diffusion process with uniformly continuous coefficients and an adapted, non-resonant Abelian process. The prototypical example of Abelian process to which our methods apply is given…

Probability · Mathematics 2007-11-20 Claudio Albanese

In this paper non-asymptotic exponential estimates are derived for tail of maximum martingale distribution by naturally norming in the spirit of the classical Law of Iterated Logarithm. Key words: Martingales, exponential estimations,…

Probability · Mathematics 2008-01-15 E. Ostrovsky , L. Sirota

In this paper, we are concerned with the numerical solution of one type integro-differential equation by a probability method based on the fundamental martingale of mixed Gaussian processes. As an application, we will try to simulate the…

Probability · Mathematics 2020-05-08 Chunhao Cai , Weilin Xiao

We study representations of a random variable $\xi$ as an integral of an adapted process with respect to the Lebesgue measure. The existence of such representations in two different regularity classes is characterized in terms of the…

Probability · Mathematics 2023-08-08 Sara Biagini , Gordan Zitkovic

Consider additive functionals of a Markov chain $W_k$, with stationary (marginal) distribution and transition function denoted by $\pi$ and $Q$, say $S_n=g(W_1)+...+g(W_n)$, where $g$ is square integrable and has mean 0 with respect to…

Probability · Mathematics 2008-11-14 Ou Zhao , Michael Woodroofe

We provide some equations for the Variance Gamma process due to the fact that we do not consider only the definition as a time-changed Brownian motion. This brings us to a new non-local equation, even true in the drifted case, involving…

Probability · Mathematics 2022-10-19 Fausto Colantoni

Stochastic integration with respect to Gaussian processes, such as fractional Brownian motion (fBm) or multifractional Brownian motion (mBm), has raised strong interest in recent years, motivated in particular by applications in finance,…

Probability · Mathematics 2018-02-15 Joachim Lebovits

We study Doob's martingale convergence theorem for computable continuous time martingales on Brownian motion, in the context of algorithmic randomness. A characterization of the class of sample points for which the theorem holds is given.…

Logic in Computer Science · Computer Science 2015-07-01 Bjørn Kjos-Hanssen , Paul Kim Long V. Nguyen , Jason Rute

We construct planar semimartingales that include the Walsh Brownian motion as a special case, and derive Harrison-Shepp-type equations and a change-of-variable formula in the spirit of Freidlin-Sheu for these so-called "Walsh…

Probability · Mathematics 2016-03-01 Tomoyuki Ichiba , Ioannis Karatzas , Vilmos Prokaj , Minghan Yan

As inductive inference and machine learning methods in computer science see continued success, researchers are aiming to describe ever more complex probabilistic models and inference algorithms. It is natural to ask whether there is a…

Logic · Mathematics 2019-11-19 Nathanael L. Ackerman , Cameron E. Freer , Daniel M. Roy

We derive a higher-order asymptotic expansion of the conditional characteristic function of the increment of an It\^o semimartingale over a shrinking time interval. The spot characteristics of the It\^o semimartingale are allowed to have…

Statistical Finance · Quantitative Finance 2024-11-12 Carsten H. Chong , Viktor Todorov

In this paper we construct a theory of stochastic integration of processes with values in $\mathcal{L}(H,E)$, where $H$ is a separable Hilbert space and $E$ is a UMD Banach space (i.e., a space in which martingale differences are…

Probability · Mathematics 2007-08-22 J. M. A. M. van Neerven , M. C. Veraar , L. Weis

A Neural Process (NP) estimates a stochastic process implicitly defined with neural networks given a stream of data, rather than pre-specifying priors already known, such as Gaussian processes. An ideal NP would learn everything from data…

Machine Learning · Computer Science 2023-04-20 Hyungi Lee , Eunggu Yun , Giung Nam , Edwin Fong , Juho Lee

We define a class of random measures, spatially independent martingales, which we view as a natural generalisation of the canonical random discrete set, and which includes as special cases many variants of fractal percolation and Poissonian…

Classical Analysis and ODEs · Mathematics 2015-02-27 Pablo Shmerkin , Ville Suomala

Novel hidden thermodynamic structures have recently been uncovered during the investigation of nonequilibrium thermodynamics for multiscale stochastic processes. Here we reveal the martingale structure for a general thermodynamic functional…

Mathematical Physics · Physics 2021-08-18 Hao Ge , Chen Jia , Xiao Jin

It is shown that under a certain condition on a semimartingale and a time-change, any stochastic integral driven by the time-changed semimartingale is a time-changed stochastic integral driven by the original semimartingale. As a direct…

Probability · Mathematics 2010-10-26 Kei Kobayashi

Generalised Ito formulae are proved for time dependent functions of continuous real valued semi-martingales. The conditions involve left space and time first derivatives, with the left space derivative required to have locally bounded…

Probability · Mathematics 2015-08-11 K. D. Elworthy , A. Truman , H. Z. Zhao