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We review the probabilistic properties of Ornstein-Uhlenbeck processes in Hilbert spaces driven by L\'{e}vy processes. The emphasis is on the different contexts in which these processes arise, such as stochastic partial differential…

Probability · Mathematics 2014-11-12 David Applebaum

In this work cylindrical Wiener processes on Banach spaces are defined by means of cylindrical stochastic processes, which are a well considered mathematical object. This approach allows a definition which is a simple straightforward…

Probability · Mathematics 2008-02-18 Markus Riedle

In this work, we present a comprehensive theory of stochastic integration with respect to arbitrary cylindrical L\'evy processes in Hilbert spaces. Since cylindrical L\'evy processes do not enjoy a semi-martingale decomposition, our…

Probability · Mathematics 2024-03-18 Gergely Bodó , Markus Riedle

Cylindrical probability measures are finitely additive measures on Banach spaces that have sigma-additive projections to Euclidean spaces of all dimensions. They are naturally associated to notions of weak (cylindrical) random variable and…

Probability · Mathematics 2014-02-26 David Applebaum , Markus Riedle

We investigate the concept of cylindrical Wiener process subordinated to a strictly $\alpha$-stable L\'evy process, with $\alpha\in\left(0,1\right)$, in an infinite dimensional, separable Hilbert space, and consider the related stochastic…

Probability · Mathematics 2021-01-19 Alessandro Bondi

We consider an Ornstein-Uhlenbeck process with values in R^n driven by a L\'evy process (Z_t) taking values in R^d with d possibly smaller than n. The L\'evy noise can have a degenerate or even vanishing Gaussian component. Under a…

Probability · Mathematics 2014-02-26 Enrico Priola , Jerzy Zabczyk

In this paper we introduce the well-balanced L\'{e}vy driven Ornstein-Uhlenbeck process as a moving average process of the form $X_t=\int \exp(-\lambda |t-u|)dL_u$. In contrast to L\'{e}vy driven Ornstein-Uhlenbeck processes the…

Probability · Mathematics 2013-01-08 Alexander Schnurr , Jeannette H. C. Woerner

We combine earlier investigations of linear systems with L\'{e}vy fluctuations [Physica {\bf 113A}, 203, (1982)] with recent discussions of L\'{e}vy flights in external force fields [Phys.Rev. {\bf E 59},2736, (1999)]. We give a complete…

chao-dyn · Physics 2015-06-24 Piotr Garbaczewski , Robert Olkiewicz

We propose a non-Gaussian operator-valued extension of the Barndorff-Nielsen and Shephard stochastic volatility dynamics, defined as the square-root of an operator-valued Ornstein-Uhlenbeck process with Levy noise and bounded drift. We…

Probability · Mathematics 2015-06-25 Fred Espen Benth , Barbara Ruediger , Andre Suess

We introduce a stochastic integral with respect to cylindrical L\'evy processes with finite $p$-th weak moment for $p\in [1,2]$. The space of integrands consists of $p$-summing operators between Banach spaces of martingale type $p$. We…

Probability · Mathematics 2019-12-10 Tomasz Kosmala , Markus Riedle

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

Veestraeten [1] recently derived inverse Laplace transforms for Laplace transforms that contain products of two parabolic cylinder functions by exploiting the link between the parabolic cylinder function and the transition density and…

Mathematical Physics · Physics 2015-12-29 Dirk Veestraeten

We study an infinite-dimensional Ornstein-Uhlenbeck process $(X_t)$ in a given Hilbert space $H$. This is driven by a cylindrical symmetric L\'evy process without a Gaussian component and taking values in a Hilbert space $U$ which usually…

Analysis of PDEs · Mathematics 2009-08-05 Enrico Priola , Jerzy Zabczyk

By using the existing sharp estimates of density function for rotationally invariant symmetric $\alpha$-stable L\'{e}vy processes and rotationally invariant symmetric truncated $\alpha$-stable L\'{e}vy processes, we obtain that Harnack…

Probability · Mathematics 2011-05-17 Jian Wang

Assuming that a L\'evy-Driven Ornstein-Uhlenbeck (or CAR(1)) processes is observed at discrete times $0$, $h$, $2h$,$\cdots$ $[T/h]h$. We introduce a step-by-step methodological approach on how a person would verify the model assumptions.…

Applications · Statistics 2025-01-14 Ibrahim Abdelrazeq , Hardy Smith , Dinmukhammed Zhanbyrshy

In this article we introduce cylindrical fractional Brownian motions in Banach spaces and develop the related stochastic integration theory. Here a cylindrical fractional Brownian motion is understood in the classical framework of…

Probability · Mathematics 2015-11-19 Elena Issoglio , Markus Riedle

The generalization of fractional Brownian motion in infinite-dimensional white and grey noise spaces has been recently carried over, following the Mandelbrot-Van Ness representation, through Riemann-Liouville type fractional operators. Our…

Probability · Mathematics 2023-09-26 Luisa Beghin , Lorenzo Cristofaro , Yuliya Mishura

In this work we introduce a theory of stochastic integration for operator-valued integrands with respect to some classes of cylindrical martingale-valued measures in Hilbert spaces. The integral is constructed via the radonification of…

Probability · Mathematics 2021-12-06 A. E. Alvarado-Solano , C. A. Fonseca-Mora

Distributional properties -including Laplace transforms- of integrals of Markov processes received a lot of attention in the literature. In this paper, we complete existing results in several ways. First, we provide the analytical solution…

Probability · Mathematics 2016-05-09 Frédéric Vrins

In this work, we study the class of stochastic process that generalizes the Ornstein-Uhlenbeck processes, hereafter called by \emph{Generalized Ornstein-Uhlenbeck Type Process} and denoted by GOU type process. We consider them driven by the…

Statistics Theory · Mathematics 2021-08-17 J. Stein , S. R. C. Lopes , A. V. Medino
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