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Hajek's stochastic comparison result is generalised to multivariate stochastic sum processes with univariate convex data functions and for univariate monoton nondecreasing convex data functions for processes with and without drift…

Probability · Mathematics 2014-08-14 Joerg Kampen

Statistical properties of infinite products of random isotropically distributed matrices are investigated. Both for continuous processes with finite correlation time and discrete sequences of independent matrices, a formalism that allows to…

Chaotic Dynamics · Physics 2016-12-21 A. S. Il'yn , V. A. Sirota , K. P. Zybin

We find logarithmic asymptotics of $L_2$-small deviation probabilities for weighted stationary Gaussian processes (both for real and complex-valued) having power-type discrete or continuous spectrum. As in the recent work by Hong, Lifshits…

Probability · Mathematics 2020-02-11 Mikhail Lifshits , Alexander Nazarov

We consider the problem of estimating stochastic volatility for a class of second-order parabolic stochastic PDEs. Assuming that the solution is observed at a high temporal frequency, we use limit theorems for multipower variations and…

Statistics Theory · Mathematics 2020-06-02 Carsten Chong

A level-dependent L\'evy process solves the stochastic differential equation $dU(t) = dX(t)-{\phi}(U(t)) dt$, where $X$ is a spectrally negative L\'evy process. A special case is a multi-refracted L\'evy process with…

Probability · Mathematics 2019-03-07 Irmina Czarna , José-Luis Pérez , Tomasz Rolski , Kazutoshi Yamazaki

Following our previous work [68], this paper continues to investigate the evolution dynamics of local times of spectrally positive L\'evy processes with Gaussian components in the spatial direction. We prove that conditioned on the…

Probability · Mathematics 2025-02-18 Wei Xu

We introduce a theory of non-commutative $L^{p}$ spaces suitable for non-commutative probability in a non-tracial setting and use it to develop stochastic analysis of Grassmann-valued processes, including martingale inequalities, stochastic…

Probability · Mathematics 2023-05-16 Francesco C. De Vecchi , Luca Fresta , Maria Gordina , Massimiliano Gubinelli

These notes survey some aspects of discrete-time chaotic calculus and its applications, based on the chaos representation property for i.i.d. sequences of random variables. The topics covered include the Clark formula and predictable…

Probability · Mathematics 2018-06-04 Nicolas Privault

We define generalized innovations associated with generalized error models having arbitrary distributions, that is, distributions that can be mixtures of continuous and discrete distributions. These models include stochastic volatility…

Methodology · Statistics 2026-05-15 Kilani Ghoudi , Bouchra R. Nasri , Bruno N. Remillard

In this work we study the problem of constructing stochastic processes with a predetermined covariance decay by parameterizing its marginals and a given family of copulas. We show that the proposed methodology is compatibility-free and…

Statistics Theory · Mathematics 2025-07-01 Guilherme Pumi , Sílvia R. C. Lopes

We generalise multivariate subordination of L\'evy processes as introduced by Barndorff-Nielsen, Pedersen, and Sato to Hilbert space valued L\'evy processes. The processes are explicitly characterised and conditions for integrability and…

Probability · Mathematics 2018-09-07 Fred E. Benth , Paul Krühner

The sharp asymptotics for the L^2-quantization errors of Gaussian measures on a Hilbert space and, in particular, for Gaussian processes is derived. The condition imposed is regular variation of the eigenvalues.

Probability · Mathematics 2016-09-07 Harald Luschgy , Gilles Pages

We show, using covariant Lyapunov vectors, that the chaotic solutions of spatially extended dissipative systems evolve within a manifold spanned by a finite number of physical modes hyperbolically isolated from a set of residual degrees of…

Chaotic Dynamics · Physics 2009-02-24 Hong-liu Yang , Kazumasa A. Takeuchi , Francesco Ginelli , Hugues Chaté , Günter Radons

We study the asymptotic behaviour of stochastic processes that are generated by sums of partial sums of i.i.d. random variables and their renewals. We conclude that these processes cannot converge weakly to any nondegenerate random element…

Probability · Mathematics 2016-08-16 Endre Csáki , Miklós Csörgő , Zdzisław Rychlik , Josef Steinebach

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

We develop an approach to Malliavin calculus for L\'evy processes from the perspective of expressing a random variable $Y$ by a functional $F$ mapping from the Skorohod space of c\`adl\`ag functions to $\mathbb{R}$, such that $Y=F(X)$ where…

Probability · Mathematics 2014-10-31 Alexander Steinicke

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 define a new type of self-similarity for one-parameter families of stochastic processes, which applies to a number of important families of processes that are not self-similar in the conventional sense. This includes a new class of…

Statistics Theory · Mathematics 2010-09-02 Bent Jørgensen , J. Raúl Martínez , Clarice G. B. Demétrio

Let $T$ be an underlying space with a non-atomic measure $\sigma$ on it (e.g. $T=\mathbb R^d$ and $\sigma$ is the Lebesgue measure). We introduce and study a class of non-commutative generalized stochastic processes, indexed by points of…

Probability · Mathematics 2015-05-13 Marek Bozejko , Eugene Lytvynov

Recently a generalized master equation was derived that extends the Lindblad theory to highly non-Markovian quantum processes (H.-P. Breuer, Phys. Rev. A \textbf{75}, 022103 (2007)). We perform a stochastic unravelling of this master…

Quantum Physics · Physics 2009-04-23 Mervlyn Moodley , Francesco Petruccione