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The purpose of this paper is to establish the multivariate normal convergence for the average of certain Volterra processes constructed from a fractional Brownian motion with Hurst parameter H>1/2. Some applications to parameter estimation…

Probability · Mathematics 2015-02-12 Ivan Nourdin , David Nualart , Rola Zintout

Empirical studies show that the volatility may exhibit correlations that decay as a fractional power of the time offset. The paper presents a rigorous analysis for the case when the stationary stochastic volatility model is constructed in…

Mathematical Finance · Quantitative Finance 2017-03-21 Josselin Garnier , Knut Solna

We study fractional stochastic volatility models in which the volatility process is a positive continuous function $\sigma$ of a continuous Gaussian process $\widehat{B}$. Forde and Zhang established a large deviation principle for the…

Mathematical Finance · Quantitative Finance 2018-08-06 Archil Gulisashvili

Quenching solutions to a Kawarada problem with a Caputo time-fractional derivative and a fractional Laplacian are considered. The solutions to such problems may only exist locally in time when quenching occurs. Quenching and non-quenching…

Analysis of PDEs · Mathematics 2019-01-23 Joshua L Padgett

Motivated by fractional derivative models in viscoelasticity, a class of semilinear stochastic Volterra integro-differential equations, and their deterministic counterparts, are considered. A generalized exponential Euler method, named here…

Numerical Analysis · Mathematics 2020-01-17 Mihály Kovács , Stig Larsson , Fardin Saedpanah

The construction of stochastic solutions is a powerful method to obtain localized solutions in configuration or Fourier space and for parallel computation with domain decomposition. Here a stochastic solution is obtained for the…

Plasma Physics · Physics 2015-06-03 E. Floriani , R. Vilela Mendes

In the present paper, a generalized local Taylor formula with the local fractional derivatives (LFDs) is proposed based on the local fractional calculus (LFC). From the fractal geometry point of view, the theory of local fractional…

Mathematical Physics · Physics 2012-07-02 Xiao-Jun Yang

We study the local times of a large class of Gaussian random fields satisfying strong local nondeterminism with respect to an anisotropic metric. We establish moment estimates and H\"{o}lder conditions for the local times of the Gaussian…

Probability · Mathematics 2025-01-24 Cheuk Yin Lee , Yimin Xiao

We introduce the concept of numerical Gaussian processes, which we define as Gaussian processes with covariance functions resulting from temporal discretization of time-dependent partial differential equations. Numerical Gaussian processes,…

Machine Learning · Statistics 2017-03-31 Maziar Raissi , Paris Perdikaris , George Em Karniadakis

We present here an elementary example, for every fixed positive integer $k,$ of a strictly stationary nongaussian stochastic process in discrete time, all of whose $k$-marginals are gaussian.

Probability · Mathematics 2012-10-30 K. R. Parthasarathy

This study introduces an innovative local statistical moment approach for estimating Kramers-Moyal coefficients, effectively bridging the gap between nonparametric and parametric methodologies. These coefficients play a crucial role in…

Methodology · Statistics 2024-08-27 Christian Wiedemann , Matthias Wächter , Jan A. Freund , Joachim Peinke

In this work, we explore a time-fractional diffusion equation of order $\alpha \in (0,1)$ with a stochastic diffusivity parameter. We focus on efficient estimation of the expected values (considered as an infinite dimensional integral on…

Numerical Analysis · Mathematics 2024-09-04 Josef Dick , Hecong Gao , William McLean , Kassem Mustapha

In this paper we give a survey of results on various analytical aspects of time fractional diffusion equations. We describe the approach via abstract Volterra equations and collect results on strong solutions in the $L_p$ sense. We further…

Analysis of PDEs · Mathematics 2019-06-21 Rico Zacher

This paper analyzes a time-stepping discontinuous Galerkin method for modified anomalous subdiffusion problems with two time fractional derivatives of orders $ \alpha $ and $ \beta $ ($ 0 < \alpha < \beta < 1 $). The stability of this…

Numerical Analysis · Mathematics 2017-11-16 Binjie Li , Hao Luo , Xiaoping Xie

We investigated the quality of forecasting of fractional Brownian motion, and new method for estimating of Hurst exponent is validated. Stochastic model of the time series in the form of converted fractional Brownian motion is proposed. The…

Probability · Mathematics 2017-04-05 Valeria Bondarenko , Victor Bondarenko , Kiryl Truskovsky , Ina Taralova

The behaviour of solutions for a non-linear diffusion problem is studied. A subordination principle is applied to obtain the variation of parameters formula in the sense of Volterra equations, which leads to the integral representation of a…

Probability · Mathematics 2022-12-21 S. Solís , V. Vergara

Diffusion with stochastic resetting has recently emerged as a powerful modeling tool with a myriad of potential applications. Here, we study local time in this model, covering situations of free and biased diffusion with, and without, the…

Statistical Mechanics · Physics 2019-06-06 Arnab Pal , Rakesh Chatterjee , Shlomi Reuveni , Anupam Kundu

In this article, we derive the state probabilities of different type of space- and time-fractional Poisson processes using z-transform. We work on tempered versions of time-fractional Poisson process and space-fractional Poisson processes.…

Probability · Mathematics 2018-08-03 Neha Gupta , Arun Kumar , Nikolai Leonenko

We provide a nonparametric method for the computation of instantaneous multivariate volatility for continuous semi-martingales, which is based on Fourier analysis. The co-volatility is reconstructed as a stochastic function of time by…

Statistics Theory · Mathematics 2009-08-14 Paul Malliavin , Maria Elvira Mancino

In this paper, a fractional Lotka-Volterra mathematical model for a bioreactor is proposed and used to fit the data provided by a bioprocess known as continuous fermentation of Zymomonas mobilis. The model contemplates a time-delay $\tau$…

Optimization and Control · Mathematics 2020-09-01 Raúl Villafuerte-Segura , Benjamín A. Itzá-Ortiz , Pablo A. López-Pérez , Eduardo Alvarado-Santos