Related papers: The affine Lie algebra $\hat{\mathfrak{sl}_2}(\C)$…

We construct a sequence of Markov processes on the set of dominant weights of an affine Lie algebra $\mathfrak{g}$ considering tensor product of irreducible highest weight modules of $\mathfrak{g}$ and specializations of the characters…

An explicit realization of the affine Lie algebra \hat{sl}_2(C) at the critical level is constructed using a mixture of bosons and parafermions. Subsequently a representation of the associated Lepowsky-Wilson Z-algebra is given on a space…

Using the fusion product of the representations of the Lie algebra $\mathfrak{sl}_2$ we construct a set of the integrable highest weight $\hat{\mathfrak{sl}_2}$-modules $L^D$, depending on the vector $D\in\mathbb{N}^{k+1}$. In a special…

We have proved in a previous paper that a space-time Brownian motion conditioned to remain in a Weyl chamber associated to an affine Kac-Moody Lie algebra is distributed as the radial part process of a Brownian sheet on the compact real…

We consider a stochastic factor financial model where the asset price process and the process for the stochastic factor depend on an observable Markov chain and exhibit an affine structure. We are faced with a finite time investment horizon…

Let $\M$ be a finite von Neumann algebra acting on a Hilbert space $\H$ and $\AA$ be a transitive algebra containing $\M'$. In this paper we prove that if $\AA$ is 2-fold transitive, then $\AA$ is strongly dense in $\B(\H)$. This implies…

Let $C$ be a symmetrizable generalized Cartan Matrix, and $q$ an indeterminate. ${\fg}(C)$ is the Kac-Moody Lie algebra and $U=U_q({\fg}(C))$ the associated quantum enveloping algebra over $ k={\Bbb Q}(q)$. The quantum function algebra…

Pitman's theorem states that if {Bt, t $\ge$ 0} is a one-dimensional Brownian motion, then {Bt -- 2 inf s$\le$t Bs, t $\ge$ 0} is a three dimensional Bessel process, i.e. a Brownian motion conditioned in Doob sense to remain forever…

We define the degenerate two boundary affine Hecke-Clifford algebra $\mathcal{H}_d$, and show it admits a well-defined $\mathfrak{q}(n)$-linear action on the tensor space $M\otimes N\otimes V^{\otimes d}$, where $V$ is the natural module…

Let $X$ be a standard Markov process. We prove that a space inversion property of $X$ implies the existence of a Kelvin transform of $X$-harmonic, excessive and operator-harmonic functions and that the inversion property is inherited by…

In this paper we construct bases of standard (i.e. integrable highest weight) modules $L(\Lambda)$ for affine Lie algebra of type $B_2\sp{(1)}$ consisting of semi-infinite monomials. The main technical ingredient is a construction of…

A real Lie algebra with a compatible Hilbert space structure (in the sense that the scalar product is invariant) is called a Hilbert-Lie algebra. Such Lie algebras are natural infinite-dimensional analogues of the compact Lie algebras; in…

Flip-flop processes refer to a family of stochastic fluid processes which converge to either a standard Brownian motion (SBM) or to a Markov modulated Brownian motion (MMBM). In recent years, it has been shown that complex distributional…

We consider the affine Lie algebra $\widehat{\mathfrak{sl}_2}$ and the Kostant-Kumar submodules of tensor products of its level 1 highest weight integrable representations. We construct crystals for these submodules in terms of the charged…

We generalize the notion of the submartingale property and Doob's inequality. Furthermore, we show how the latter leads to new inequalities for several stochastic processes: certain time series, Levy processes, random walks, processes with…

A new class of associative algebras referred to as affine walled Brauer algebras are introduced. These algebras are free with infinite rank over a commutative ring containing 1. Then level two walled Brauer algebras over C are defined,…

Highest weight modules of the double affine Lie algebra $\widehat{\widehat{\mathfrak{sl}}}_{2}$ are studied under a new triangular decomposition. Singular vectors of Verma modules are determined using a similar condition with horizontal…

The decompositions of the Fock and Basic modules of the affine Lie algebra \hat{sl(N)} into irreducible submodules of the Yangian algebra Y(gl(N)) are constructed. Each of the irreducible submodules admits the unique up to normalization…

Starting from the forward and backward infinitesimal generators of bilateral, time-homogeneous Markov processes, the self-adjoint Hamiltonians of the generalized Schroedinger equations are first introduced by means of suitable Doob…

We study a decomposition of a general Markov process in a manifold invariant under a Lie group action into a radial part (transversal to orbits) and an angular part (along an orbit). We show that given a radial path, the conditioned angular…