English
Related papers

Related papers: Polynomial Diffusions and Applications in Finance

200 papers

We study multiple fields inflation in diffusion dominated regime using stochastic $\delta N$ formalism. The fields are under pure Brownian motion in a dS background with boundaries in higher dimensional field space. This setup can be…

Cosmology and Nongalactic Astrophysics · Physics 2023-04-04 Kosar Asadi , Amin Nassiri-Rad , Hassan Firouzjahi

Calculus and geometry are ubiquitous in the theoretical modelling of scientific phenomena, but have historically been very challenging to apply directly to real data as statistics. Diffusion geometry is a new theory that reformulates…

Differential Geometry · Mathematics 2026-02-09 Iolo Jones , David Lanners

We introduce a class of measure-valued processes, which -- in analogy to their finite dimensional counterparts -- will be called measure-valued polynomial diffusions. We show the so-called moment formula, i.e.~a representation of the…

Probability · Mathematics 2022-01-03 Christa Cuchiero , Francesco Guida , Luca di Persio , Sara Svaluto-Ferro

The path probability of a particle undergoing stochastic motion is studied by the use of functional technique, and the general formula is derived for the path probability distribution functional. The probability of finding paths inside a…

Statistical Mechanics · Physics 2016-02-16 Masayuki Hattori , Sumiyoshi Abe

We briefly review statistical models for the probability distribution of money developed in the econophysics literature since the late 1990s. In these models, economic transactions are modeled as random transfers of money between the agents…

Statistical Finance · Quantitative Finance 2011-03-14 Victor M. Yakovenko

This survey paper is a structured concise summary of four of our recent papers on the stochastic regularity of diffusions that are associated to regular strongly local (but not necessarily symmetric) Dirichlet forms. Here by stochastic…

Probability · Mathematics 2017-10-10 Jiyong Shin , Gerald Trutnau

Income and wealth distribution affect stability of a society to a large extent and high inequality affects it negatively. Moreover, in the case of developed countries, recently has been proven that inequality is closely related to all…

General Finance · Quantitative Finance 2016-03-29 Elvis Oltean , Fedor Kusmartsev

Particle dynamics are investigated in plasma turbulence, using self-consistent kinetic simulations, in two dimensions. In steady state, the trajectories of single protons and proton-pairs are studied, at different values of plasma "beta"…

Plasma Physics · Physics 2016-08-31 S. Servidio , C. T. Haynes , W. H. Matthaeus , D. Burgess , V. Carbone , P. Veltri

One key issue in the probability density function (PDF) approach for disperse two-phase turbulent flows is to close the diffusion term in the phase space. This study aimed to derive a kinetic equation for particle dispersion in turbulent…

Statistical Mechanics · Physics 2020-07-15 De-yu Zhong , Guang-qian Wang , Tie-jian Li , Ming-xi Zhang , You Xia

This paper discusses a methodology for determining a functional representation of a random process from a collection of scattered pointwise samples. The present work specifically focuses onto random quantities lying in a high dimensional…

Numerical Analysis · Mathematics 2014-01-03 Lionel Mathelin

This paper is concerned with the uniqueness, existence, comparison principle and long-time behavior of solutions to the initial-boundary value problem for a unidirectional diffusion equation. The unidirectional evolution often appears in…

Analysis of PDEs · Mathematics 2015-01-07 Goro Akagi , Masato Kimura

Some properties of diagonal binomial coefficients were studied in respect to frequency of their units digits. An approach was formulated that led to use of difference tables to predict if certain units digits can appear in the values of…

Number Theory · Mathematics 2017-05-02 Vladimir L. Gavrikov

We construct diffusions with values in the nonnegative orthant, normal reflection along each of the axes, and two pairs of local drift/variance characteristics assigned according to rank; one of the variances is allowed to vanish, but not…

Probability · Mathematics 2014-01-29 Tomoyuki Ichiba , Ioannis Karatzas , Vilmos Prokaj

It is well-known that the excursions of a one-dimensional diffusion process can be studied by considering a certain Riccati equation associated with the process. We show that, in many cases of interest, the Riccati equation can be solved in…

Probability · Mathematics 2010-02-11 Alain Comtet , Yves Tourigny

The topic of these notes could be easily expanded into a full one-semester course. Nevertheless, we shall try to give some flavour along with theoretical bases of spectral and pseudo-spectral methods. The main focus is made on Fourier-type…

Numerical Analysis · Mathematics 2019-12-16 Denys Dutykh

These are lecture notes for various Summer and Winter schools that I have given. The notes describe the methodology called Variational Modelling, and focus on the application to the modelling of gradient-flow systems. I describe the…

Mathematical Physics · Physics 2014-02-11 Mark A. Peletier

The diffusion equation is the primary tool to study the movement dynamics of a free Brownian particle, but when spatial heterogeneities in the form of permeable interfaces are present, no fundamental equation has been derived. Here we…

Statistical Mechanics · Physics 2022-09-14 Toby Kay , Luca Giuggioli

Phylogenetic invariants are certain polynomials in the joint probability distribution of a Markov model on a phylogenetic tree. Such polynomials are of theoretical interest in the field of algebraic statistics and they are also of practical…

Populations and Evolution · Quantitative Biology 2008-01-21 Nicholas Eriksson

The purpose of this work is to analyse a family of mutually orthogonal polynomials on the unit ball with respect to an inner product which includes an additional term on the sphere. First, we will get connection formulas relating classical…

Classical Analysis and ODEs · Mathematics 2016-02-24 Clotilde Martínez , Miguel A. Piñar

We give a sufficient condition for blow up of positive mild solutions to an initial value problem for a nonautonomous weakly coupled system with distinct fractional diffusions. The proof is based on the study of blow up of a particular…

Classical Analysis and ODEs · Mathematics 2013-06-07 José Villa-Morales