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Using rough path theory, we provide a pathwise foundation for stochastic It\^o integration, which covers most commonly applied trading strategies and mathematical models of financial markets, including those under Knightian uncertainty. To…

Probability · Mathematics 2024-01-04 Andrew L. Allan , Chong Liu , David J. Prömel

The aim of the presented research is to give a rigorous mathematical approach to Feynman path integrals based on strong (pathwise) approximations based on simple random walks.

Mathematical Physics · Physics 2018-03-22 Tamás Szabados

Fourier series multiscale method, a concise and efficient analytical approach for multiscale computation, will be developed out of this series of papers. In the third paper, the analytical analysis of multiscale phenomena inherent in the…

Numerical Analysis · Mathematics 2022-08-11 Weiming Sun , Zimao Zhang

Instrumental variable methods are often used for parameter estimation in the presence of confounding. They can also be applied in stochastic processes. Instrumental variable analysis exploits moment equations to obtain estimators for causal…

Statistics Theory · Mathematics 2023-02-22 Søren Wengel Mogensen

We propose a new approach based on the path integral formalism to the calculation of the probability distribution functions of quadratic quantities of the Gaussian polymer chain in d-dimensional space, such as the radius of gyration and…

Soft Condensed Matter · Physics 2016-11-23 Yu. A. Budkov , A. L. Kolesnikov

We introduce a new methodology based on the multirevolution idea for constructing integrators for stochastic differential equations in the situation where the fast oscillations themselves are driven by a Stratonovich noise. Applications…

Numerical Analysis · Mathematics 2020-02-04 Adrien Laurent , Gilles Vilmart

Using truncated variation techniques we obtain an improved version of the Loeve-Young inequality for the Riemann-Stieltjes integrals driven by rough paths. This allowed us to strenghten some result on the existence of solutions of integral…

Functional Analysis · Mathematics 2014-09-16 Rafał M. Łochowski

Generalized Fourier series with orthogonal polynomial bases have useful applications in several fields, including differential equations, pattern recognition, and image and signal processing. However, computing the generalized Fourier…

Numerical Analysis · Mathematics 2015-02-09 Ashley Prater

Estimating the diagonal entries of a matrix, that is not directly accessible but only available as a linear operator in the form of a computer routine, is a common necessity in many computational applications, especially in image…

Instrumentation and Methods for Astrophysics · Physics 2015-03-19 Marco Selig , Niels Oppermann , Torsten A. Enßlin

We consider the problem of estimating the roughness of the volatility process in a stochastic volatility model that arises as a nonlinear function of fractional Brownian motion with drift. To this end, we introduce a new estimator that…

Statistical Finance · Quantitative Finance 2026-04-17 Xiyue Han , Alexander Schied

T. Lyons' rough path theory is something like a deterministic version of K. Ito's theory of stochastic differential equations, combined with ideas from K. T. Chen's theory of iterated path integrals. In this article we survey rough path…

Probability · Mathematics 2016-02-11 Yuzuru Inahama

Sharp-momentum transition matrix elements for scattering from a short-range Gaussian potential are computed using a real-time path integral. The computation is based on a numerical implementation of a new interpretation of the path integral…

High Energy Physics - Lattice · Physics 2018-09-10 W. N. Polyzou , Ekaterina Nathanson

Here we present well-posedness results for first order stochastic differential inclusions, more precisely for sweeping process with a stochastic perturbation. These results are provided in combining both deterministic sweeping process…

Analysis of PDEs · Mathematics 2014-03-31 Frederic Bernicot , Juliette Venel

We perform the stochastic quantization of scalar QED based on a generalization of the stochastic gauge fixing scheme and its geometric interpretation. It is shown that the stochastic quantization scheme exactly agrees with the usual path…

High Energy Physics - Theory · Physics 2009-11-10 Helmuth Huffel , Gerald Kelnhofer

For a wide variety of regularization methods, algorithms computing the entire solution path have been developed recently. Solution path algorithms do not only compute the solution for one particular value of the regularization parameter but…

Machine Learning · Computer Science 2009-03-30 Bernd Gärtner , Joachim Giesen , Martin Jaggi , Torsten Welsch

We introduce a novel numerical approach for a class of stochastic dynamic programs which arise as discretizations of backward stochastic differential equations or semi-linear partial differential equations. Solving such dynamic programs…

Numerical Analysis · Mathematics 2016-06-24 Christian Bender , Christian Gaertner , Nikolaus Schweizer

This paper introduces a comprehensive extension of the path integral formalism to model stochastic processes with arbitrary multiplicative noise. To do so, It\^o diffusive process is generalized by incorporating a multiplicative noise term…

Mathematical Physics · Physics 2025-03-06 F. S. Abril-Bermúdez , C. J. Quimbay , J. E. Trinidad-Segovia , M. A Sánchez-Granero

Simulating a Gaussian process requires sampling from a high-dimensional Gaussian distribution, which scales cubically with the number of sample locations. Spectral methods address this challenge by exploiting the Fourier representation,…

Machine Learning · Statistics 2026-02-27 Arsalan Jawaid , Abdullah Karatas , Jörg Seewig

An efficient computational algorithm to price financial derivatives is presented. It is based on a path integral formulation of the pricing problem. It is shown how the path integral approach can be worked out in order to obtain fast and…

Statistical Mechanics · Physics 2009-11-07 G. Montagna , O. Nicrosini , N. Moreni

This paper first summarizes the foundations of stochastic calculus via regularization and constructs through this procedure It\^o and Stratonovich integrals. In the second part, a survey and new results are presented in relation with finite…

Probability · Mathematics 2007-05-23 Francesco Russo , Pierre Vallois