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In this paper we generalize the martingale of Kella and Whitt to the setting of L\'{e}vy-type processes and show that the (local) martingales obtained are in fact square integrable martingales which upon dividing by the time index converge…

Probability · Mathematics 2017-11-22 Offer Kella , Onno Boxma

The purpose of these notes is to distribute, mostly without proofs, fundamental definitions and results concerning the theory of semimartingales and stochastic integration. The material serves as a foundational guide for those interested in…

Probability · Mathematics 2025-01-03 Mark van den Bosch

This paper has been withdrawn.

Statistical Mechanics · Physics 2007-05-23 Joseph P. Straley

We study a class of stochastic differential equations driven by a possibly tempered L{\'e}vy process, under mild conditions on the coefficients. We prove the well-posedness of the associated martingale problem as well as the existence of…

Probability · Mathematics 2016-02-01 L Huang

In this paper we introduce a variant of Burkholder's martingale transform associated with two martingales with respect to different filtrations. Even though the classical martingale techniques cannot be applied, we show that the discussed…

Probability · Mathematics 2015-02-24 Vjekoslav Kovač , Kristina Ana Škreb

This paper has been withdrawn by the author.

Computation and Language · Computer Science 2015-03-14 Juan-Manuel Torres Moreno , Silvia Fernandez , Eric SanJuan

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 paper we consider storage and inventory systems. Our aim is to apply and review main results of the fluctuation theory of stochastic processes in the context of storage and inventory modeling. We describe systems where the inflow is…

Probability · Mathematics 2013-04-16 Zbigniew Michna , Wojciech Bombała , Peter Nielsen

In this article, we introduce Mittag-Leffler L\'evy process and provide two alternative representations of this process. First, in terms of Laplace transform of the marginal densities and next as a subordinated stochastic process. Both…

Probability · Mathematics 2016-02-05 Arun Kumar , N. S. Upadhye

This a free translation with additional explanations of {\em Processus \`a Accroissement Independants Chapitre I: La D\'ecomposition de Paul L\'evy}, by J.L. Bretagnolle, in {\em Ecole d'Et\'e de Probabilit\'es}, Lecture Notes in…

Probability · Mathematics 2015-06-23 J. L. Bretagnolle , P. Ouwehand

This paper has been withdrawn by the author.

Number Theory · Mathematics 2009-06-19 Yuqing Zhang

This paper has been withdrawn by the authors, since it has been merged with Part I (ID 0802.3570)

Information Theory · Computer Science 2016-08-14 Øyvind Ryan , Merouane Debbah

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

We introduce and discuss L\'evy-type cylindrical martingale problems on separable reflexive Banach spaces. Our main observations are the following: Cylindrical martingale problems have a one-to-one relation to weak solutions of stochastic…

Probability · Mathematics 2018-02-05 David Criens

This paper has been withdrawn. It will be split into two separate papers. New results will be added in both papers.

Mathematical Physics · Physics 2010-05-19 J. -R. Chazottes , J. -M. Gambaudo , E. Ugalde

Sets of orthogonal martingales are importants because they can be used as stochastic integrators in a kind of chaotic representation property, see [20]. In this paper, we revisited the problem studied by W. Schoutens in [21], investigating…

Probability · Mathematics 2013-11-19 Edmundo J. Huertas , Nuria Torrado , Fabrizio Leisen

In this work, we give a decomposition of a martingale into three martingales with applications to certain types of inequalities in the new theory of Stochastic Analysis in Vector Lattices

Probability · Mathematics 2024-07-01 Mounsif Niouar , Tarik Boukara , Kawtar Ramdane , Youssef Bentaleb

This paper has been withdrawn by the authors for adding some results.

Fluid Dynamics · Physics 2007-05-23 Hongwu Zhao , Kamran Mohseni , Jerrold E. Marsden

We study class of L\'{e}vy processes having distributions being indentifiable by moments. We define system of polynomial martingales \newline $\left\{ M_{n}(X_{t},t),\mathcal{F}_{\leq t}\right\} _{n\geq 1},$ where $% \mathcal{F}_{\leq t}$…

Probability · Mathematics 2014-03-18 Paweł J. Szabłowski

We review the theory of martingales as applied to stochastic thermodynamics and stochastic processes in physics more generally.

Statistical Mechanics · Physics 2024-08-20 Édgar Roldán , Izaak Neri , Raphael Chetrite , Shamik Gupta , Simone Pigolotti , Frank Jülicher , Ken Sekimoto
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