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In this paper we investigate functions that are harmonic with respect to the non-symmetric strictly $\alpha$-stable L\'evy processes on an open set $D \in \mathbb{R}^d$. We obtain the explicit formula for their boundary decay rate at parts…

Probability · Mathematics 2019-12-23 Tomasz Juszczyszyn

For an arbitrary L\'evy process $X$ which is not a compound Poisson process, we are interested in its occupation times. We use a quite novel and useful approach to derive formulas for the Laplace transform of the joint distribution of $X$…

Probability · Mathematics 2016-04-04 Lan Wu , Jiang Zhou , Shuang Yu

Long-time limit of one-dimensional L\'{e}vy processes weighted and normalized with respect to the exponential functional of two-point local times are studied. The limit processes may vary according to the choice of random clocks.

Probability · Mathematics 2024-05-02 Kohki Iba , Kouji Yano

We extend the result of Nualart and Schoutens on chaotic decomposition of the $L^2$-space of a L\'evy process to the case of a generalized stochastic processes with independent values.

Probability · Mathematics 2013-10-02 Suman Das , Eugene Lytvynov

A short proof is given of a necessary and sufficient condition for the normalized occupation measure of a L\'evy process in a metrizable compact group to be asymptotically uniform with probability one.

Probability · Mathematics 2011-09-16 Arno Berger , Steven N. Evans

Several long-time limit theorems of one-dimensional L\'evy processes weighted and normalized by functions of its supremum are studied. The long-time limits are taken via the families of exponential times and that of constant times, called…

Probability · Mathematics 2025-03-18 Shosei Takeda

We consider a L\'evy process $Y(t)$ that is not permanently observed, but rather inspected at Poisson($\omega$) moments only, over an exponentially distributed time $T_\beta$ with parameter $\beta$. The focus lies on the analysis of the…

Probability · Mathematics 2021-10-26 Onno Boxma , Michel Mandjes

In this paper, we shall introduce the Tanaka formula from viewpoint of the Doob-Meyer decomposition. For symmetric L\'evy processes, if the local time exists, Salminen and Yor (2007) obtained the Tanaka formula by using the potential…

Probability · Mathematics 2016-09-02 Hiroshi Tsukada

We prove two limit laws for functionals of one dimensional symmetric 1-stable process using the method of moments, and give a remark on Rosen's paper \cite{Rosen}.

Probability · Mathematics 2013-05-02 David Nualart , Fangjun Xu

In this work, we consider moments of exponential functionals of L\'{e}vy processes on a deterministic horizon. We derive two convolutional identities regarding these moments. The first one relates the complex moments of the exponential…

Probability · Mathematics 2024-08-01 Zbigniew Palmowski , Hristo Sariev , Mladen Savov

This paper presents a set of results relating to the occupation time $\alpha(t)$ of a process $X(\cdot)$. The first set of results concerns exact characterizations of $\alpha(t)$ for $t\geq0$, e.g., in terms of its transform up to an…

Probability · Mathematics 2018-09-03 N. J. Starreveld , R. Bekker , M. Mandjes

For refracted spectrally negative L\'evy processes, we identify expressions of several quantities related to Laplace transforms on their weighted occupation times until first exit times. Such quantities are expressed in terms of unique…

Probability · Mathematics 2019-07-17 Bo Li , Xiaowen Zhou

Limit theorems for the normalized laws with respect to two kinds of weight functionals are studied for any symmetric stable L\'evy process of index $ 1 < \alpha \le 2 $. The first kind is a function of the local time at the origin, and the…

Probability · Mathematics 2008-07-29 Kouji Yano , Yuko Yano , Marc Yor

We study several sufficient conditions for the existence of a L\'evy-Khinchin decomposition of generating functionals. We show that none of these conditions are equivalent and we show that such a decomposition does not always exist.

Probability · Mathematics 2021-04-21 Uwe Franz , Malte Gerhold , Andreas Thom

Using a new approach, for spectrally negative L\'evy processes we find joint Laplace transforms involving the last exit time (from a semi-infinite interval), the value of the process at the last exit time and the associated occupation time,…

Probability · Mathematics 2016-10-05 Yingqiu Lia , Chuancun Yin , Xiaowen Zhou

A refracted L\'evy process is a L\'evy process whose dynamics change by subtracting off a fixed linear drift (of suitable size) whenever the aggregate process is above a pre-specified level. More precisely, whenever it exists, a refracted…

Probability · Mathematics 2012-05-04 Andreas E. Kyprianou , J. C. Pardo , J. L. Pérez

In this paper, we derive the joint Laplace transforms of occupation times until its last passage times as well as its positions. Motivated by Baurdoux [2], the last times before an independent exponential variable are studied. By applying…

Probability · Mathematics 2017-09-19 Bo Li , Chunhao Cai

We consider the Schroedinger equation with a supersymmetric random potential, where the superpotential is a Levy noise. We focus on the problem of computing the so-called complex Lyapunov exponent, whose real and imaginary parts are,…

Mathematical Physics · Physics 2013-07-02 Alain Comtet , Christophe Texier , Yves Tourigny

In this paper, we establish the existence of moments and moment estimates for L\'evy-type processes. We discuss whether the existence of moments is a time dependent distributional property, give sufficient conditions for the existence of…

Probability · Mathematics 2017-02-09 Franziska Kühn

We derive characteristic function identities for conditional distributions of an r-trimmed Levy process given its r largest jumps up to a designated time t. Assuming the underlying Levy process is in the domain of attraction of a stable…

Probability · Mathematics 2018-09-06 Yuguang F. Ipsen , Peter Kevei , Ross A. Maller
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