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We develop a systematic framework for the model reduction of multivariate geometric Brownian motions (GBMs), a fundamental class of stochastic processes with broad applications in mathematical finance, population biology, and statistical…

Mathematical Physics · Physics 2026-02-11 C. Chen , M. Colangeli , M. H. Duong , M. Serva

In Pulsar Timing Array (PTA) data analysis, noise is typically assumed to be Gaussian, and the marginalized likelihood has a well-established analytical form derived within the framework of Gaussian processes. However, this Gaussianity…

Instrumentation and Methods for Astrophysics · Physics 2026-01-30 Mikel Falxa , Alberto Sesana

We prove the Ito-Tanaka formula and the existence of pathwise stochastic integrals for a wide class of Gaussian processes. Motivated by financial applications, we define the stochastic integrals as forward-type pathwise integrals introduced…

Probability · Mathematics 2014-12-05 Tommi Sottinen , Lauri Viitasaari

In this article, we consider fractional stochastic wave equations on $\mathbb R$ driven by a multiplicative Gaussian noise which is white/colored in time and has the covariance of a fractional Brownian motion with Hurst parameter…

Probability · Mathematics 2019-04-23 Jian Song , Xiaoming Song , Fangjun Xu

The generalization of fractional Brownian motion in infinite-dimensional white and grey noise spaces has been recently carried over, following the Mandelbrot-Van Ness representation, through Riemann-Liouville type fractional operators. Our…

Probability · Mathematics 2023-09-26 Luisa Beghin , Lorenzo Cristofaro , Yuliya Mishura

Stochastic systems with memory naturally appear in life science, economy, and finance. We take the modelling point of view of stochastic functional delay equations and we study these structures when the driving noises admit jumps. Our…

Probability · Mathematics 2016-06-01 D. R. Baños , F. Cordoni , G. Di Nunno , L. Di Persio , E. E. Røse

A method to describe unresolved processes in meteorological models by physically based stochastic processes (SP) is proposed by the example of an energy budget model (EBM). Contrary to the common approach using additive white noise, a…

Atmospheric and Oceanic Physics · Physics 2011-05-17 Michael Weniger , Anton Bovier , Andreas Hense

We consider fractional Brownian motion with the Hurst parameters from (1/2,1). We found that the increment of a fractional Brownian motion can be represented as the sum of a two independent Gaussian processes one of which is smooth in the…

Probability · Mathematics 2015-10-14 Nikolai Dokuchaev

Fractional Brownian motion is a generalised Gaussian diffusive process that is found to describe numerous stochastic phenomena in physics and biology. Here we introduce a multi-dimensional fractional Brownian motion (FBM) defined as a…

Statistical Mechanics · Physics 2013-06-14 Jae-Hyung Jeon , Aleksei V. Chechkin , Ralf Metzler

A lot is known about the H\"older regularity of stochastic processes, in particular in the case of Gaussian processes. Recently, a finer analysis of the local regularity of functions, termed 2-microlocal analysis, has been introduced in a…

Probability · Mathematics 2008-11-22 Erick Herbin , Jacques Lévy-Véhel

Financial studies require volatility based models which provides useful insights on risks related to investments. Stochastic volatility models are one of the most popular approaches to model volatility in such studies. The asset returns…

Methodology · Statistics 2021-10-26 Soham Mukherjee

The analysis of local minima in time series data and random landscapes is essential across numerous scientific disciplines, offering critical insights into system dynamics. Recently, Kundu, Majumdar, and Schehr derived the exact…

Statistical Mechanics · Physics 2026-03-19 Maxim Dolgushev , Olivier Bénichou

We discuss the relationships between some classical representations of the fractional Brownian motion, as a stochastic integral with respect to a standard Brownian motion, or as a series of functions with independent Gaussian coefficients.…

Probability · Mathematics 2010-05-31 Jean Picard

The Malliavin integration-by-parts formula is a key ingredient to develop stochastic analysis on the Wiener space. In this article we show that a suitable integration-by-parts formula also characterizes a wide class of Gaussian processes,…

Probability · Mathematics 2019-04-08 Ehsan Azmoodeh , Tommi Sottinen , Ciprian A. Tudor , Lauri Viitasaari

This paper presents $whittlehurst$, a Python package implementing Whittle's likelihood method for estimating the Hurst exponent in fractional Brownian motion (fBm). While the theoretical foundations of Whittle's estimator are…

Computation · Statistics 2025-06-04 Bálint Csanády , Lóránt Nagy , András Lukács

In this paper, we consider stochastic Schroedinger equations with two-dimensional white noise. Such equations are used to describe the evolution of an open quantum system undergoing a process of continuous measurement. Representations are…

Mathematical Physics · Physics 2011-08-17 J. Gough , O. O. Obrezkov , O. G. Smolyanov

In this paper, we study the stochastic wave equations in the spatial dimension 3 driven by a Gaussian noise which is white in time and correlated in space. Our main concern is the sample path H\"older continuity of the solution both in time…

Probability · Mathematics 2013-09-02 Yaozhong Hu , Jingyu Huang , David Nualart

This article is devoted to the numerical study of various finite difference approximations to the stochastic Burgers equation. Of particular interest in the one-dimensional case is the situation where the driving noise is white both in…

Probability · Mathematics 2013-09-20 Martin Hairer , Jochen Voss

In this paper, we introduce a new class of estimators of the Hurst exponent of the fractional Brownian motion (fBm) process. These estimators are based on sample expectiles of discrete variations of a sample path of the fBm process. In…

Statistics Theory · Mathematics 2011-07-06 Jean-François Coeurjolly , Hedi Kortas

A stochastic affine evolution equation with bilinear noise term is studied where the driving process is a real-valued fractional Brownian motion. Stochastic integration is understood in the Skorokhod sense. Existence and uniqueness of weak…

Probability · Mathematics 2017-04-13 Bohdan Maslowski , Jana Šnupárková