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Related papers: Martingales et calcul stochastique

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Let ${\psi}:\mathbb{R}^{+}\rightarrow\mathbb{R}^{+}$ be a smooth and continuous real function and $\psi\in\mathrm{L}^{2}(\mathbb{R}^{+})$. Let ${B}(t)$ be a standard Brownian motion defined with respect to a probability space…

Probability · Mathematics 2023-02-08 Steven D Miller

We give a theory of sublinear expectations and martingales in discrete time. Without assuming the existence of a dominating probability measure, we derive the extensions of classical results on uniform integrability, optional stopping of…

Probability · Mathematics 2011-04-29 Samuel Cohen , Shaolin Ji , Shige Peng

We show that a discrete time martingale with respect to a filtration with atomless innovations is the (infinite) sum of martingales with independent increments. For the continuous time filtration coming from Brownian Motion filtration, we…

Probability · Mathematics 2024-12-09 Freddy Delbaen

This paper develops techniques to study the number of descents in random permutations via martingales. We relax an assumption in the Berry-Esseen theorem of Bolthausen (1982) to extend the theorem's scope to martingale differences of…

Probability · Mathematics 2021-03-16 Alperen Y. Özdemir

The $L^p$ maximal inequalities for martingales are one of the classical results in the theory of stochastic processes. Here we establish the sharp moderate maximal inequalities for one-dimensional diffusion processes, which include the…

Probability · Mathematics 2021-11-05 Xian Chen , Yong Chen , Mumien Cheng , Chen Jia

A statistical mechanics argument relating partition functions to martingales is used to get a condition under which random geometric processes can describe interfaces in 2d statistical mechanics at criticality. Requiring multiple SLEs to…

Mathematical Physics · Physics 2023-04-10 Michel Bauer , Denis Bernard , Kalle Kytola

This is a survey note of the author's observations on the discrete-time analogues of It\^o formulas.

Probability · Mathematics 2007-05-23 Jirô Akahori

We derive diffusion constants and martingales for senile random walks with the help of a time-change. We provide direct computations of the diffusion constants for the time-changed walks. Alternatively, the values of these constants can be…

Probability · Mathematics 2007-11-19 Wouter Kager

By using Malliavin calculus and multiple Wiener-It\^o integrals, we study the existence and the regularity of stochastic currents defined as Skorohod (divergence) integrals with respect to the Brownian motion and to the fractional Brownian…

Probability · Mathematics 2010-09-17 Franco Flandoli , Ciprian Tudor

Many results in stochastic analysis and mathematical finance involve local martingales. However, specific examples of strict local martingales are rare and analytically often rather unhandy. We study local martingales that follow a given…

Probability · Mathematics 2015-10-13 Martin Herdegen , Sebastian Herrmann

Determinantal process is a dynamical extension of a determinantal point process such that any spatio-temporal correlation function is given by a determinant specified by a single continuous function called the correlation kernel.…

Probability · Mathematics 2013-07-10 Makoto Katori

We discuss martingales, detrending data, and the efficient market hypothesis for stochastic processes x(t) with arbitrary diffusion coefficients D(x,t). Beginning with x-independent drift coefficients R(t) we show that Martingale stochastic…

Physics and Society · Physics 2009-11-13 Joseph L. McCauley , Kevin E. Bassler , Gemunu H. Gunaratne

We describe stochastic calculus in the context of processes that are driven by an adapted point process of locally finite intensity and are differentiable between jumps. This includes Markov chains as well as non-Markov processes. By…

Probability · Mathematics 2016-07-26 Eric Foxall

In this paper an arbitrage strategy is constructed for the modified Black-Scholes model driven by fractional Brownian motion or by a time changed fractional Brownian motion, when the volatility is stochastic. This latter property allows the…

Information Theory · Computer Science 2007-07-13 Erhan Bayraktar , H. Vincent Poor

The main focus of this work is the asymptotic behavior of mass-conservative homogeneous fragmentations. Considering the logarithm of masses makes the situation reminiscent of branching random walks. The standard approach is to study {\bf…

Probability · Mathematics 2010-09-30 Nathalie Krell , Alain Rouault

We present a few techniques for proving $L^p$ estimates for martingales. Basic applications to It\^o integration and rough paths are included.

Probability · Mathematics 2024-04-29 Pavel Zorin-Kranich

This manuscript provides an in-depth exploration of Brownian Motion, a fundamental stochastic process in probability theory for Biostatisticians. It begins with foundational definitions and properties, including the construction of Brownian…

Applications · Statistics 2024-08-30 Elvis Han Cui

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

In this paper we consider parameter estimation for discretely observed diffusion processes. In particular, we focus on data that are observed at low frequency and methodology that can estimate parameters with uncertainty quantification.…

Computation · Statistics 2026-05-01 Jingning Yao , Ajay Jasra , Sheng Jiang

Contributions of the present paper consist of two parts. In the first one, we contribute to the theory of stochastic calculus for signed measures. For instance, we provide some results permitting to characterize martingales and Brownian…

Probability · Mathematics 2019-08-28 Fulgence Eyi Obiang