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Using Dupire's notion of vertical derivative, we provide a functional (path-dependent) extension of the It\^o's formula of Gozzi and Russo (2006) that applies to C^{0,1}-functions of continuous weak Dirichlet processes. It is motivated and…

Probability · Mathematics 2021-01-12 Bruno Bouchard , Grégoire Loeper , Xiaolu Tan

In this paper, we consider Caputo type fractional stochastic time-delay system with permutable matrices. We derive stochastic analogue of variation of constants formula via a newly defined delayed Mittag-Leffer type matrix function. Thus,…

Dynamical Systems · Mathematics 2020-09-23 Arzu Ahmadova , Ismail T. Huseynov , Nazim I. Mahmudov

By the method of invariant manifold, we investigate the Ito equation numerically with high precision. By the numerical results, we can completely determine the form of analytic soliton solutions for the Ito equation. In fact, by the…

Exactly Solvable and Integrable Systems · Physics 2013-01-22 YuQi Li , Biao Li

We show an It\^ o's formula for nondegenerate Brownian martingales $X_t=\int_0^t u_s dW_s$ and functions $F(x,t)$ with locally integrable derivatives in $t$ and $x$. We prove that one can express the additional term in It\^o's s formula as…

Probability · Mathematics 2008-03-26 Xavier Bardina , Carles Rovira

In this paper, we discuss a new general formulation of fractional optimal control problems whose performance index is in the fractional integral form and the dynamics are given by a set of fractional differential equations in the Caputo…

Optimization and Control · Mathematics 2016-08-24 H. M. Ali , F. Lobo Pereira , S. M. A. Gama

We present a systematic study of the reconstruction of a non-negative function via maximum entropy approach utilizing the information contained in a finite number of moments of the function. For testing the efficacy of the approach, we…

Mathematical Physics · Physics 2015-05-18 Parthapratim Biswas , Arun K. Bhattacharya

We study the local (in time) expansion of a continuous-time process and its conditional moments, including the process' characteristic function. The expansions are conducted by using the properties of the (time-extended) Ito signature, a…

Mathematical Finance · Quantitative Finance 2025-04-10 Federico M. Bandi , Roberto Renò , Sara Svaluto-Ferro

The two-parameter Mittag-Leffler function $E_{\alpha, \beta}$ is of fundamental importance in fractional calculus. It appears frequently in the solutions of fractional differential and integral equations. Nonetheless, this vital function is…

Numerical Analysis · Mathematics 2023-12-13 Aljowhara H. Honain , Khaled M. Furati , Ibrahim O. Sarumi , Abdul Q. M. Khaliq

We prove a duality theorem the computation of certain Bellman functions is usually based on. As a byproduct, we obtain sharp results about the norms of monotonic rearrangements. The main novelty of our approach is a special class of…

Optimization and Control · Mathematics 2016-04-07 Dmitriy M. Stolyarov , Pavel B. Zatitskiy

We define an analogue of the classical Mittag-Leffler function which is applied to two variables, and establish its basic properties. Using a corresponding single-variable function with fractional powers, we define an associated fractional…

Classical Analysis and ODEs · Mathematics 2021-05-03 Arran Fernandez , Cemaliye Kürt , Mehmet Ali Özarslan

Fractional Brownian motion has become a standard tool to address long-range dependence in financial time series. However, a constant memory parameter is too restrictive to address different market conditions. Here we model the price…

Mathematical Finance · Quantitative Finance 2024-07-31 Axel A. Araneda

A classical way to introduce tau functions for integrable hierarchies of solitonic equations is by means of the Sato-Segal-Wilson infinite-dimensional Grassmannian. Every point in the Grassmannian is naturally related to a Riemann-Hilbert…

Mathematical Physics · Physics 2015-10-20 Mattia Cafasso , Chao-Zhong Wu

By developing the Tanaka theory for rank 2 distributions, we completely classify classical Monge equations having maximal finite-dimensional symmetry algebras with fixed (albeit arbitrary) pair of its orders. Investigation of the…

Differential Geometry · Mathematics 2009-11-02 Ian Anderson , Boris Kruglikov

Integro-differential methods, currently exploited in calculus, provide an inexhaustible source of tools to be applied to a wide class of problems, involving the theory of special functions and other subjects. The use of integral transforms…

Classical Analysis and ODEs · Mathematics 2019-06-04 G. Dattoli , E. Di Palma , E. Sabia , K. Górska , A. Horzela , K. A. Penson

In a private communication, K. Ono conjectured that any mock theta function of weight 1/2 or 3/2 can be congruent modulo a prime $p$ to a weakly holomorphic modular form for just a few values of $p$. In this paper we describe when such a…

Number Theory · Mathematics 2014-02-27 René Olivetto

Let the summatory function of the M\"{o}bius function be denoted $M(x)$. We deduce in this article conditional results concerning $M(x)$ assuming the Riemann Hypothesis and a conjecture of Gonek and Hejhal on the negative moments of the…

Number Theory · Mathematics 2007-05-23 Nathan Ng

We propose a method for calculating dynamical correlation functions at finite temperature in integrable lattice models of Yang-Baxter type. The method is based on an expansion of the correlation functions as a series over matrix elements of…

Statistical Mechanics · Physics 2020-08-04 Frank Göhmann , Michael Karbach , Andreas Klümper , Karol K. Kozlowski , Junji Suzuki

Nakao's stochastic integrals for continuous additive functionals of zero energy are extended from the symmetric Dirichlet forms setting to the non-symmetric Dirichlet forms setting. Ito's formula in terms of the extended stochastic…

Probability · Mathematics 2015-06-03 Chuan-Zhong Chen , Li Ma , Wei Sun

We study the short-time asymptotics of conditional expectations of smooth and non-smooth functions of a (discontinuous) Ito semimartingale; we compute the leading term in the asymptotics in terms of the local characteristics of the…

Probability · Mathematics 2012-02-08 Amel Bentata , Rama Cont

In a martingale optimal transport (MOT) problem mass distributed according to the law $\mu$ is transported to the law $\nu$ in such a way that the martingale property is respected. Beiglb\"ock and Juillet (On a problem of optimal transport…

Probability · Mathematics 2022-10-04 David Hobson , Dominykas Norgilas