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We derive a nonparametric higher-order asymptotic expansion for small-time changes of conditional characteristic functions of It\^o semimartingale increments. The asymptotics setup is of joint type: both the length of the time interval of…

Statistical Finance · Quantitative Finance 2025-02-12 Carsten H. Chong , Viktor Todorov

This article provides an introduction to the asymptotic analysis of covariance parameter estimation for Gaussian processes. Maximum likelihood estimation is considered. The aim of this introduction is to be accessible to a wide audience and…

Statistics Theory · Mathematics 2020-09-16 François Bachoc

One of the few accepted dynamical foundations of non-additive "non-extensive") statistical mechanics is that the choice of the appropriate entropy functional describing a system with many degrees of freedom should reflect the rate of growth…

Statistical Mechanics · Physics 2017-09-22 Nikolaos Kalogeropoulos

We study the asymptotic properties of the trajectories of a discrete-time random dynamical system in an infinite-dimensional Hilbert space. Under some natural assumptions on the model, we establish a multiplica-tive ergodic theorem with an…

Analysis of PDEs · Mathematics 2020-01-22 Davit Martirosyan , Vahagn Nersesyan

We study asymptotic properties of maximum likelihood estimators for Heston models based on continuous time observations of the log-price process. We distinguish three cases: subcritical (also called ergodic), critical and supercritical. In…

Statistics Theory · Mathematics 2016-07-25 Matyas Barczy , Gyula Pap

We consider Bourgain's ergodic theorem regarding arithmetic averages in the cases where quantitative mixing is present in the dynamical system. Focusing on the case of the horocyclic flow, those estimates allows us to bound from above the…

Dynamical Systems · Mathematics 2023-03-28 Asaf Katz

In this article we consider the ergodic optimization for hyperbolic flows and Lorenz attractors with respect to both continuous and Holder continuous observables. In the context of hyperbolic flows we prove that a Baire generic subset of…

Dynamical Systems · Mathematics 2020-10-28 Marcus Morro , Roberto Sant'Anna , Paulo Varandas

We consider a robust asymptotic growth problem under model uncertainty in the presence of stochastic factors. We fix two inputs representing the instantaneous covariance for the asset price process $X$, which depends on an additional…

Mathematical Finance · Quantitative Finance 2025-12-19 David Itkin , Benedikt Koch , Martin Larsson , Josef Teichmann

We survey an area of recent development, relating dynamics to theoretical computer science. We discuss the theoretical limits of simulation and computation of interesting quantities in dynamical systems. We will focus on central objects of…

Dynamical Systems · Mathematics 2011-04-15 Stefano Galatolo , Mathieu Hoyrup , Cristóbal Rojas

During the last years, asymptotic (or sequential) constraint qualifications, which postulate upper semicontinuity of certain set-valued mappings and provide a natural companion of asymptotic stationarity conditions, have been shown to be…

Optimization and Control · Mathematics 2023-02-10 Matúš Benko , Patrick Mehlitz

If $\mathcal{A}$ is a finite set (alphabet), the shift dynamical system consists of the space $\mathcal{A}^{\mathbb{N}}$ of sequences with entries in $\mathcal{A}$, along with the left shift operator $S$. Closed $S$-invariant subsets are…

Dynamical Systems · Mathematics 2020-03-05 Michael Damron , Jon Fickenscher

Growth-fragmentation processes describe the evolution of systems of cells which grow continuously and fragment suddenly; they are used in models of cell division and protein polymerisation. Typically, we may expect that in the long run, the…

Probability · Mathematics 2021-01-22 Jean Bertoin , Alexander Watson

In this paper, we show that for several interesting systems beyond uniform hyperbolicity, any generic continuous function has a unique maximizing measure with zero entropy. In some cases, we also know that the maximizing measure has full…

Dynamical Systems · Mathematics 2020-05-25 Dawei Yang , Jinhua Zhang

This doctoral thesis undertakes an in-depth exploration of limiting shape theorems across diverse mathematical structures, with a specific focus on subadditive processes within finitely generated groups exhibiting polynomial growth rates,…

Probability · Mathematics 2024-08-22 Lucas R. de Lima

We investigate the ergodicity of 2D large scale quasigeostrophic flows under random wind forcing. We show that the quasigeostrophic flows are ergodic under suitable conditions on the random forcing and on the fluid domain, and under no…

Analysis of PDEs · Mathematics 2016-09-07 Jinqiao Duan , Beniamin Goldys

We propose a nonparametric method for estimating the conditional quantile function that admits a generalized additive specification with an unknown link function. This model nests single-index, additive, and multiplicative quantile…

Statistics Theory · Mathematics 2023-06-07 Yebin Cheng , Jan G. De Gooijer

The double Heston model is one of the most popular option pricing models in financial theory. It is applied to several issues such that risk management and volatility surface calibration. This paper deals with the problem of global…

Statistics Theory · Mathematics 2025-01-29 Mohamed Ben Alaya , Houssem Dahbi , Hamdi Fathallah

Drifts of asset returns are notoriously difficult to model accurately and, yet, trading strategies obtained from portfolio optimization are very sensitive to them. To mitigate this well-known phenomenon we study robust growth-optimization…

Mathematical Finance · Quantitative Finance 2026-01-01 Balint Binkert , David Itkin , Paul Mangers Bastian , Josef Teichmann

We introduce modes of instantaneous optimal growth of free energy for the fully electromagnetic gyrokinetic equations. We demonstrate how these "optimal modes" arise naturally from the free energy balance equation, allowing its convenient…

Plasma Physics · Physics 2022-07-20 G. G. Plunk , Per Helander

We introduce the concepts of Baire Ergodicity and Ergodic Formalism, employing them to study topological and statistical attractors. Specifically, we establish the existence and finiteness of such attractors and provide applications for…

Dynamical Systems · Mathematics 2024-06-03 Vilton Pinheiro