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We establish integral tests and laws of the iterated logarithm for the upper envelope of the future infimum of positive self-similar Markov processes and for increasing self-similar Markov processes at 0 and infinity. Our proofs are based…

Probability · Mathematics 2007-05-23 J. C. Pardo

We construct a modified continuous-state branching process whose Malthusian parameter is replaced by another when passing below a certain level. The construction is obtained via a Lamperti-like transform applied to a refracted L\'evy…

Probability · Mathematics 2016-12-01 Antonio Murillo-Salas , José Luis Pérez , Arno Siri-Jégousse

We establish integral tests and laws of the iterated logarithm for the lower envelope of positive self-similar Markov processes at 0 and $+\infty$. Our proofs are based on the Lamperti representation and time reversal arguments. These…

Probability · Mathematics 2016-08-16 Loïc Chaumont , Juan-Carlos Pardo

In a series of works published in the 1990-s, Kerov put forth various applications of the circle of ideas centred at the Markov moment problem to the limiting shape of random continual diagrams arising in representation theory and spectral…

Probability · Mathematics 2018-01-22 Sasha Sodin

In his 1972 paper, John Lamperti characterized all positive self-similar Markov processes as time-changes of exponentials of Levy processes. In the past decade the problem of classifying all non-negative self-similar Markov processes that…

Probability · Mathematics 2012-06-18 Leif Doering

In this short note we consider semi-Markov processes satisfying the condition of direction-time independence (Markov renewal processes). We derive large deviation principles and fluctuation theorems for the empirical current and the…

Statistical Mechanics · Physics 2017-09-19 A. Faggionato

A systematic exposition of scale functions is given for positive self-similar Markov processes (pssMp) with one-sided jumps. The scale functions express as convolution series of the usual scale functions associated with spectrally one-sided…

Probability · Mathematics 2021-09-30 Matija Vidmar

We derive the explicit form of the rate function for semi-Markov processes. Here, the "random time change trick" plays an essential role. Also, by exploiting the contraction principle of the large deviation theory to the explicit form, we…

Statistical Mechanics · Physics 2018-03-14 Yuki Sughiyama , Testuya J. Kobayashi

In this paper we propose an alternative construction of the self-similar entrance laws for positive self-similar Markov processes. The study of entrance laws has been carried out in previous papers using different techniques, depending on…

Probability · Mathematics 2015-07-21 Víctor Manuel Rivero

It has been shown by Bertoin and Yor (2002) that the law of positive self-similar Markov processes (pssMps) that only jump downwards and do not hit zero in finite time are uniquely determined by their entire moments for which explicit…

Probability · Mathematics 2014-03-25 Matyas Barczy , Leif Doering

We introduce LAMP: the Linear Additive Markov Process. Transitions in LAMP may be influenced by states visited in the distant history of the process, but unlike higher-order Markov processes, LAMP retains an efficient parametrization. LAMP…

Machine Learning · Computer Science 2017-04-06 Ravi Kumar , Maithra Raghu , Tamas Sarlos , Andrew Tomkins

In this paper we consider the first passage process of a spectrally negative Markov additive process (MAP). The law of this process is uniquely characterized by a certain matrix function, which plays a crucial role in fluctuation theory. We…

Probability · Mathematics 2010-06-16 Bernardo D'Auria , Jevgenijs Ivanovs , Offer Kella , Michel Mandjes

The classical result due tof Williams states that a Brownian motion with positive drift $\mu$ and issued from the origin is equal in law to a Brownian motion with unit negative drift, $-\mu$, run until it hits a negative threshold, whose…

Probability · Mathematics 2023-11-07 Andreas Kyprianou , Mehar Motala , Víctor Rivero

By killing a stable L\'{e}vy process when it leaves the positive half-line, or by conditioning it to stay positive, or by conditioning it to hit 0 continuously, we obtain three different positive self-similar Markov processes which…

Probability · Mathematics 2016-08-16 Maria Emilia Caballero , Loïc Chaumont

Understanding the space-time features of how a L\'evy process crosses a constant barrier for the first time, and indeed the last time, is a problem which is central to many models in applied probability such as queueing theory, financial…

Probability · Mathematics 2009-07-02 A. Kyprianou , J. C. Pardo , V. Rivero

Asymptotic fluctuation theorems are statements of a Gallavotti-Cohen symmetry in the rate function of either the time-averaged entropy production or heat dissipation of a process. Such theorems have been proved for various general classes…

Mathematical Physics · Physics 2010-01-23 Benjamin Hertz Shargel , Tom Chou

Let X and Y be time-homogeneous Markov processes with common state space E, and assume that the transition kernels of X and Y admit densities with respect to suitable reference measures. We show that if there is a time t>0 such that, for…

Probability · Mathematics 2007-05-23 P. J. Fitzsimmons

This paper uses two new ingredients, namely stochastic differential equations satisfied by continuous-state branching processes (CSBPs), and a topology under which the Lamperti transformation is continuous, in order to provide…

Probability · Mathematics 2011-03-04 Maria-Emilia Caballero , Amaury Lambert , Geronimo Uribe Bravo

For discrete-time stochastic processes, there is a close connection between return/waiting times and entropy. Such a connection cannot be straightforwardly extended to the continuous-time setting. Contrarily to the discrete-time case one…

Probability · Mathematics 2007-05-23 Jean-Rene Chazottes , Cristian Giardina , Frank Redig

The theory of ``Markov-up'' processes is being developed. This is a new class of stochastic processes with ``partial'' markovian features; it could also be called ``one-sided Markov''. Such a behavior may be found in the real world and in…

Probability · Mathematics 2024-07-01 D. O. Kalikaeva