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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

Order-preserving couplings are elegant tools for obtaining robust estimates of the time-dependent and stationary distributions of Markov processes that are too complex to be analyzed exactly. The starting point of this paper is to study…

Probability · Mathematics 2009-06-02 Lasse Leskelä

In this article, we derive a Stratonovich and Skorohod type change of variables formula for a multidimensional Gaussian process with low H\"older regularity (typically lower than 1/4). To this aim, we combine tools from rough paths theory…

Probability · Mathematics 2013-08-05 Samy Tindel , Maria Jolis , Yaozhong Hu

In this paper, we develop necessary and sufficient conditions for the validity of a martingale approximation for the partial sums of a stationary process in terms of the maximum of consecutive errors. Such an approximation is useful for…

Probability · Mathematics 2011-02-11 Mikhail Gordin , Magda Peligrad

The covariance function of a Gauss-Markov process evaluated at points $(s,t)$ admits a representation as a product of a function of $\min(s,t)$ and a function of $\max(s,t)$. We call these functions the covariance factors of a Gauss-Markov…

Probability · Mathematics 2025-08-01 Georges Kassis

We use classical tools from calculus of variations to formally derive necessary conditions for a Markov control to be optimal in a standard finite time horizon stochastic control problem. As an example, we solve the well-known Merton…

Optimization and Control · Mathematics 2026-05-27 Matthew Lorig

This paper provides convergence analysis for the approximation of a class of path-dependent functionals underlying a continuous stochastic process. In the first part, given a sequence of weak convergent processes, we provide a sufficient…

Probability · Mathematics 2013-07-22 Qingshuo Song , George Yin , Qing Zhang

Scientific inference involves obtaining the unknown properties or behavior of a system in the light of what is known, typically, without changing the system. Here we propose an alternative to this approach: a system can be modified in a…

Statistical Mechanics · Physics 2019-03-11 Nathaniel Rupprecht , Dervis Vural

Small nonequelibrium systems driven by an external periodic protocol can be described by Markov processes with time-periodic transition rates. In general, current fluctuations in such small systems are large and may play a crucial role. We…

Statistical Mechanics · Physics 2018-06-21 Andre C Barato , Raphael Chetrite

We aim to link random fields and marked point processes and therefore introduce a new class of stochastic processes which are defined on a random set in R^d. Unlike for random fields, the mark covariance function of a marked random set is…

Probability · Mathematics 2012-01-25 Felix Ballani , Zakhar Kabluchko , Martin Schlather

A general theory is developed to study individual based models which are discrete in time. We begin by constructing a Markov chain model that converges to a one-dimensional map in the infinite population limit. Stochastic fluctuations are…

Statistical Mechanics · Physics 2014-06-03 Joseph D. Challenger , Duccio Fanelli , Alan J. McKane

For It\^o stochastic equations in $\mathbb{R}^{d}$ with drift in $L_{d}$ several results are discussed such as the existence of weak solutions, the existence of the corresponding Markov process, Aleksandrov type estimates of their Green's…

Probability · Mathematics 2020-09-03 N. V. Krylov

Functional data analysis is becoming increasingly popular to study data from real-valued random functions. Nevertheless, there is a lack of multiple testing procedures for such data. These are particularly important in factorial designs to…

Methodology · Statistics 2024-06-04 Merle Munko , Marc Ditzhaus , Markus Pauly , Łukasz Smaga

We study work extraction processes mediated by finite-time interactions with an ambient bath -- \emph{partial thermalizations} -- as continuous time Markov processes for two-level systems. Such a stochastic process results in fluctuations…

Statistical Mechanics · Physics 2021-05-05 Maria Quadeer , Kamil Korzekwa , Marco Tomamichel

Some probabilistic aspects of the number variance statistic are investigated. Infinite systems of independent Brownian motions and symmetric alpha-stable processes are used to construct new examples of processes which exhibit both divergent…

Probability · Mathematics 2007-05-23 Ben Hambly , Liza Jones

The article is devoted to stochastic processes with values in finite- and infinite-dimensional vector spaces over infinite fields $\bf K$ of zero characteristics with non-trivial non-archimedean norms. For different types of stochastic…

Probability · Mathematics 2018-12-18 S. V. Ludkovsky

This paper introduces a mathematical framework of a stochastic process model as a generalization of diffusion stochastic processes to model latent variables in categorical responses given unobserved random effects and maximum likelihood…

Statistics Theory · Mathematics 2023-06-05 Mahdi Mollakazemiha

Flowgraph models provide an alternative approach in modeling a multi-state stochastic process. One of the most widely used stochastic processes that have many real-world applications especially in actuarial models is the Markov jump process…

Applications · Statistics 2016-11-07 Muhammad Fikri Budiana , Murwan H. M. A. Siddig

In this paper, we analyze Gaussian processes using statistical mechanics. Although the input is originally multidimensional, we simplify our model by considering the input as one-dimensional for statistical mechanical analysis. Furthermore,…

Statistical Mechanics · Physics 2025-05-05 Jun Tsuzurugi

We consider a stochastic process which is (a) described by a continuous-time Markov chain on only short time-scales and (b) constrained to conserve a number of hidden quantities on long time-scales. We assume that the transition matrix of…

Statistical Mechanics · Physics 2020-10-27 Vitaly Vanchurin
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