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Related papers: On the infimum attained by a reflected L\'evy proc…

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The L\'evy walk process for the lower interval of the time of flight distribution ($\alpha<1$) and with finite resting time between consecutive flights is discussed. The motion is restricted to a region bounded by two absorbing barriers and…

Statistical Mechanics · Physics 2023-07-19 A. Kamińska , T. Srokowski

In this paper, we deal with a class of reflected backward stochastic differential equations associated to the subdifferential operator of a lower semi-continuous convex function driven by Teugels martingales associated with L\'{e}vy…

Probability · Mathematics 2015-05-13 Yong Ren , Xiliang Fan

In this work, we focus on the stationary analysis of a specific class of continuous time Markov-modulated reflected random walks in the quarter plane with applications in the modelling of two-node Markov-modulated queueing networks with…

Probability · Mathematics 2020-06-02 Ioannis Dimitriou

Let be $X(t)= x - \mu t + \sigma B_t - N_t$ a L$\acute{\text{e}}$vy process starting from $x >0,$ where $ \mu \ge 0, \ \sigma \ge 0, \ B_t$ is a standard BM, and $N_t$ is a homogeneous Poisson process with intensity $ \theta >0,$ starting…

Probability · Mathematics 2018-03-13 Mario Abundo , Sara Furia

Consider a regenerative storage process with a nondecreasing L\'evy input (subordinator) such that every cycle may be split into two periods. In the first (off) the output is shut off and the workload accumulates. This continues until some…

Probability · Mathematics 2020-03-31 Royi Jacobovic , Offer Kella

In this paper, we analyze the number of departures from an initially empty $M/M/\infty$ system in a finite time interval. We observe the system during an exponentially distributed period of time starting from the time origin. We then…

Probability · Mathematics 2023-03-20 Fabrice Guillemin

L\'evy walks are continuous time random walks with spatio-temporal coupling of jump lengths and waiting times, often used to model superdiffusive spreading processes such as animals searching for food, tracer motion in weakly chaotic…

Statistical Mechanics · Physics 2019-03-27 Bartłomiej Dybiec , Karol Capała , Aleksei Chechkin , Ralf Metzler

We study whether a multivariate L\'evy-driven moving average process can shadow arbitrarily closely any continuous path, starting from the present value of the process, with positive conditional probability, which we call the conditional…

Probability · Mathematics 2017-05-16 Mikko S. Pakkanen , Tommi Sottinen , Adil Yazigi

We consider a spectrally positive L\'evy process $X$ that does not drift to $+\infty$, viewed as coding for the genealogical structure of a (sub)critical branching process, in the sense of a contour or exploration process…

Probability · Mathematics 2017-08-25 Miraine Dávila Felipe , Amaury Lambert

We consider two-dimensional L\'evy processes reflected to stay in the positive quadrant. Our focus is on the non-standard regime when the mean of the free process is negative but the reflection vectors point away from the origin, so that…

Probability · Mathematics 2024-03-25 Vladimir Fomichov , Sandro Franceschi , Jevgenijs Ivanovs

Markov-modulated L\'evy processes with two different regimes of restarting are studied. These regimes correspond to the completely renewed process and to the process of Markov modulation, accompanied by jumps. We give explicit expressions…

Probability · Mathematics 2018-11-26 Nikita Ratanov

In this paper, we study the cut-off phenomenon under the total variation distance of $d$-dimensional Ornstein-Uhlenbeck processes which are driven by L\'evy processes. That is to say, under the total variation distance, there is an abrupt…

Probability · Mathematics 2023-05-05 Gerardo Barrera , Juan Carlos Pardo

This paper considers magnitude, asymptotics and duration of drawdowns for some L\'{e}vy processes. First, we revisit some existing results on the magnitude of drawdowns for spectrally negative L\'{e}vy processes using an approximation…

Mathematical Finance · Quantitative Finance 2016-10-03 David Landriault , Bin Li , Hongzhong Zhang

In this paper we consider a ring of $N\ge 1$ queues served by a single server in a cyclic order. After having served a queue (according to a service discipline that may vary from queue to queue), there is a switch-over period and then the…

Probability · Mathematics 2015-05-22 Onno Boxma , Jevgenijs Ivanovs , Kamil Marcin Kosiński , Michel Mandjes

This paper is concerned with asymptotic behavior (at zero and at infinity) of the favorite points of L\'evy processes. By exploring Molchan's idea for deriving lower tail probabilities of Gaussian processes with stationary increments, we…

Probability · Mathematics 2018-08-09 Bo Li , Yimin Xiao , Xiaochuan Yang

Considering a Manhattan mobility model in vehicle-to-vehicle networks, this work studies a power minimization problem subject to second-order statistical constraints on latency and reliability, captured by a network-wide maximal data queue…

Networking and Internet Architecture · Computer Science 2018-10-30 Chen-Feng Liu , Mehdi Bennis

Motivated by the notion of isotropic $\alpha$-stable L\'evy processes confined, by reflections, to a bounded open Lipschitz set $D\subset \mathbb{R}^d$, we study some related analytical objects. Thus, we construct the corresponding…

Probability · Mathematics 2023-10-17 Krzysztof Bogdan , Markus Kunze

We investigate the behavior of L\'{e}vy processes with convolution equivalent L\'{e}vy measures, up to the time of first passage over a high level u. Such problems arise naturally in the context of insurance risk where u is the initial…

Probability · Mathematics 2013-07-23 Philip S. Griffin

The first-exit time process of an inverse Gaussian L\'evy process is considered. The one-dimensional distribution functions of the process are obtained. They are not infinitely divisible and the tail probabilities decay exponentially. These…

Probability · Mathematics 2016-09-07 P. Vellaisamy , A. Kumar

In this article, we study the asymptotic behaviour of L\'evy processes with no positive jumps conditioned to stay positive. We establish integral tests for the lower envelope at 0 and at $+\infty$ and an analogue of Khintchin's law of the…

Probability · Mathematics 2007-05-23 J. C. Pardo
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