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Exotic stochastic processes are shown to emerge in the quantum evolution of complex systems. Using influence function techniques, we consider the dynamics of a system coupled to a chaotic subsystem described through random matrix theory. We…

chao-dyn · Physics 2009-10-31 Dimitri Kusnezov , Aurel Bulgac , Giu Do Dang

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

We deal with reflected solutions of anticipated backward doubly stochastic differential equations (RABDSDEs) driven by Teugels martingales associated with L\'evy process under a Lipschitz generator where the coefficients of these BDSDEs…

Probability · Mathematics 2017-03-28 Badreddine Mansouri , Mostapha abd el ouahab Saouli

We present a simple stochastic algorithm for generating multiplicative processes with multiscaling both in space and in time. With this algorithm we are able to reproduce a synthetic signal with the same space and time correlation as the…

Chaotic Dynamics · Physics 2007-05-23 Roberto Benzi , Luca Biferale , Federico Toschi

Stochastic symmetries and related invariance properties of finite dimensional SDEs driven by general c\`adl\`ag semimartingales taking values in Lie groups are defined and investigated. In order to enlarge the class of possible symmetries…

Probability · Mathematics 2017-08-08 Sergio Albeverio , Francesco C. De Vecchi , Paola Morando , Stefania Ugolini

This paper concerns the Vertex Reinforced Jump Process (VRJP) and its representations as a Markov process in random environment. We show that all possible representations of the VRJP as a mixture of Markov processes can be expressed in a…

Probability · Mathematics 2019-03-26 Thomas Gerard

In quantitative finance, we often model asset prices as a noisy Ito semimartingale. As this model is not identifiable, approximating by a time-changed Levy process can be useful for generative modelling. We give a new estimate of the…

Statistics Theory · Mathematics 2014-11-17 Adam D. Bull

We provide verification theorems (at different levels of generality) for infinite horizon stochastic control problems in continuous time for semimartingales. The control framework is given as an abstract "martingale formulation", which…

Probability · Mathematics 2020-01-01 Ma. Elena Hernández-Hernández , Saul Jacka , Aleksandar Mijatović

We show that stochastic processes with linear conditional expectations and quadratic conditional variances are Markov, and their transition probabilities are related to a three-parameter family of orthogonal polynomials which generalize the…

Probability · Mathematics 2007-05-23 Wlodzimierz Bryc , Jacek Wesolowski

We introduce the notion of multi-dimensional chaos that applies to processes described by erratic functions of several dynamical variables. We employ this concept in the interpretation of classical and quantum scattering off a pinball…

High Energy Physics - Theory · Physics 2026-05-27 Massimo Bianchi , Maurizio Firrotta , Jacob Sonnenschein , Dorin Weissman

In this paper, we deal with a class of backward doubly stochastic differential equations (BDSDEs, in short) involving subdifferential operator of a convex function and driven by Teugels martingales associated with a L\'evy process. We show…

Probability · Mathematics 2011-08-04 Yon Ren , Auguste Aman

In the present paper, we obtain an explicit product formula for products of multiple integrals w.r.t. a random measure associated with a L\'evy process. As a building block, we use a representation formula for products of martingales from a…

Probability · Mathematics 2023-09-21 Paolo Di Tella , Christel Geiss , Alexander Steinicke

We use the martingale convergence method to get the weak convergence theorem on general functionals of partial sums of independent heavy-tailed random variables. The limiting process is the stochastic integral driven by $\alpha-$stable…

Statistics Theory · Mathematics 2014-11-18 Zhengyan Lin , Hanchao Wang

Additive processes are obtained from L\'{e}vy ones by relaxing the condition of stationary increments, hence they are spatially (but not temporally) homogeneous. By analogy with the case of time-homogeneous Markov processes, one can define…

Probability · Mathematics 2018-11-15 Luisa Beghin , Costantino Ricciuti

We deal with a class of fully coupled forward-backward stochastic differential equations (FBSDE for short), driven by Teugels martingales associated with some L\'evy process. Under some assumptions on the derivatives of the coefficients, we…

Probability · Mathematics 2017-01-31 Dalila Guerdouh , Nabil Khelfallah , Brahim Mezerdi

A cylindrical Levy process does not enjoy a cylindrical version of the semi-martingale decomposition which results in the need to develop a completely novel approach to stochastic integration. In this work, we introduce a stochastic…

Probability · Mathematics 2016-08-25 Adam Jakubowski , Markus Riedle

We generalise the martingale-coboundary representation of discrete time stochastic processes to the non-stationary case and to random variables in Orlicz spaces. Related limit theorems (CLT, invariance principle, log log law, probabilities…

Probability · Mathematics 2023-11-07 Dalibor Volny

In this work, we introduce a theory of stochastic integration with respect to symmetric $\alpha$-stable cylindrical L\'evy processes. Since $\alpha$-stable cylindrical L\'evy processes do not enjoy a semi-martingale decomposition, our…

Probability · Mathematics 2022-11-21 Gergely Bodó , Markus Riedle

We consider the problem of obtaining effective representations for the solutions of linear, vector-valued stochastic differential equations (SDEs) driven by non-Gaussian pure-jump L\'evy processes, and we show how such representations lead…

Probability · Mathematics 2023-11-09 Marcos Tapia Costa , Ioannis Kontoyiannis , Simon Godsill

We study the predictable representation property in the progressive enlargement F^\tau of a reference filtration F by a random time \tau. Our approach is based on the decomposition of any random time into two parts, one overlapping…

Probability · Mathematics 2024-06-21 Antonella Calzolari , Barbara Torti