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We study the problem of existence, uniqueness and regularity of probabilistic solutions of the Cauchy problem for nonlinear stochastic partial differential equations involving operators corresponding to regular (nonsymmetric) Dirichlet…

Probability · Mathematics 2016-04-26 Tomasz Klimsiak , Andrzej Rozkosz

The problem of the Taylor-Ito and Taylor-Stratonovich expansions of the Ito stochastic processes in a neighborhood of a fixed moment of time is considered. The classical forms of the Taylor-Ito and Taylor-Stratonovich expansions are…

Probability · Mathematics 2026-02-13 Dmitriy F. Kuznetsov

The aim of this paper is to study the Dirichlet-to-Neumann operators in the context of Dirichlet forms and especially to figure out their probabilistic counterparts. Regarding irreducible Dirichlet forms, we will show that the…

Probability · Mathematics 2022-02-23 Liping Li

This note examines the safety verification of the solution of Ito stochastic differential equations using the notion of stochastic zeroing barrier function. The main tools in the proposed method include Ito calculus and the concept of…

Systems and Control · Electrical Eng. & Systems 2020-04-07 Tua A. Tamba , Bin Hu , Yul Y. Nazaruddin

We show that the zeroth law of thermodynamics holds within an alternative version of nonextensive statistical mechanics based on {\it incomplete probability distribution}. The generalized zeroth law leads to a generalized definition of…

Statistical Mechanics · Physics 2007-05-23 Qiuping A. Wang

We develop a general method for extending Markov processes to a larger state space such that the added points form a polar set. The so obtained extension is an improvement on the standard trivial extension in which case the process is made…

Probability · Mathematics 2019-09-06 Lucian Beznea , Iulian Cîmpean , Michael Röckner

We consider several aspects of conjugating symmetry methods, including the method of invariants, with an asymptotic approach. In particular we consider how to extend to the stochastic setting several ideas which are well established in the…

Mathematical Physics · Physics 2021-10-12 Giuseppe Gaeta , Roman Kozlov , Francesco Spadaro

We discuss W-symmetries of Ito stochastic differential equations, introduced in a recent paper by Gaeta and Spadaro [J. Math. Phys. 2017]. In particular, we discuss the general form of acceptable generators for continuous (Lie-point)…

Mathematical Physics · Physics 2019-05-09 Giuseppe Gaeta

We construct a pathwise calculus for functionals of integer-valued measures and use it to derive an martingale representation formula with respect to a large class of integer-valued random measures. Using these results, we extend the…

Probability · Mathematics 2020-02-28 Pierre M. Blacque-Florentin , Rama Cont

According to the theory of functional inequalities, a non-symmetric Markov semigroup has better properties than the corresponding symmetric one. For instance, there exist non-symmetric Markov semigroups which are hypercontractive (and thus…

Probability · Mathematics 2017-01-31 Feng-Yu Wang

The present paper continues the study of infinite dimensional calculus via regularization, started by C. Di Girolami and the second named author, introducing the notion of "weak Dirichlet process" in this context. Such a process $\X$,…

Probability · Mathematics 2016-06-14 Giorgio Fabbri , Francesco Russo

A stochastic calculus is given for processes described by stochastic integrals with respect to fractional Brownian motions and Rosenblatt processes somewhat analogous to the stochastic calculus for It\^{o} processes. These processes for…

Probability · Mathematics 2019-08-02 Petr Čoupek , Tyrone E. Duncan , Bozenna Pasik-Duncan

For a class of piecewise deterministic Markov processes we introduce a stochastic calculus which is a certain non-Gaussian counterpart to the classical Malliavin calculus. As an application we investigate the regularity of densities of…

Probability · Mathematics 2023-06-21 Jörg-Uwe Löbus

Motivated by questions arising in financial mathematics, Dupire introduced a notion of smoothness for functionals of paths (different from the usual Fr\'echet--Gat\'eaux derivatives) and arrived at a generalization of It\=o's formula…

Probability · Mathematics 2012-12-07 Harald Oberhauser

The motivation of this paper is to prove verification theorems for stochastic optimal control of finite dimensional diffusion processes without control in the diffusion term, in the case that the value function is assumed to be continuous…

Probability · Mathematics 2007-05-23 Fausto Gozzi , Francesco Russo

In this paper, we study mixed power-exponential moment functionals of nonlinearly perturbed semi-Markov processes in discrete time. Conditions under which the moment functionals of interest can be expanded in asymptotic power series with…

Probability · Mathematics 2016-04-28 Mikael Petersson

We introduce a nabla, a delta, and a symmetric fractional calculus on arbitrary nonempty closed subsets of the real numbers. These fractional calculi provide a study of differentiation and integration of noninteger order on discrete,…

Classical Analysis and ODEs · Mathematics 2015-12-31 Nadia Benkhettou , Artur M. C. Brito da Cruz , Delfim F. M. Torres

Extending It\^o's formula to non-smooth functions is important both in theory and applications. One of the fairly general extensions of the formula, known as Meyer-It\^o, applies to one dimensional semimartingales and convex functions.…

Mathematical Finance · Quantitative Finance 2015-07-02 Ramin Okhrati , Uwe Schmock

We study the invariance of stochastic differential equations under random diffeomorphisms, and establish the determining equations for random Lie-point symmetries of stochastic differential equations, both in Ito and in Stratonovich form.…

Mathematical Physics · Physics 2017-11-10 Giuseppe Gaeta , Francesco Spadaro

A well-known It\^o formula for finite dimensional processes, given in terms of stochastic integrals with respect to Wiener processes and Poisson random measures, is revisited and is revised. The revised formula, which corresponds to the…

Probability · Mathematics 2020-07-30 István Gyöngy , Sizhou Wu