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Scaling properties of time series are usually studied in terms of the scaling laws of empirical moments, which are the time average estimates of moments of the dynamic variable. Nonlinearities in the scaling function of empirical moments…

Probability · Mathematics 2023-04-24 Marco Zamparo

The term noncentral moderate deviations is used in the literature to mean a class of large deviation principles that, in some sense, fills the gap between the convergence in probability to a constant (governed by a reference large deviation…

Probability · Mathematics 2025-04-29 Neha Gupta , Claudio Macci

We construct intrinsic on-and off-diagonal upper and lower estimates for the transition probability density of a L\'evy process in small time. By intrinsic we mean that such estimates reflect the structure of the characteristic exponent of…

Probability · Mathematics 2013-08-09 Victoria Knopova , Alexei Kulik

We study Brownian motion in a drifted Brownian potential in the subexponential regime. We prove that the annealed probability of deviating below the almost sure speed has a polynomial rate of decay and compute the exponent in this power…

Probability · Mathematics 2007-05-23 Marina Talet

Continuity of local time for Brownian motion ranks among the most notable mathematical results in the theory of stochastic processes. This article addresses its implications from the point of view of applications. In particular an extension…

Probability · Mathematics 2015-03-17 Jorge M. Ramirez , Edward C. Waymire , Enrique A. Thomann

We consider a model of branching Brownian motion with self repulsion. Self-repulsion is introduced via change of measure that penalises particles spending time in an $\e$-neighbourhood of each other. We derive a simplified version of the…

Probability · Mathematics 2021-02-19 Anton Bovier , Lisa Hartung

This is a preprint of Chapter 2 in the following work: Marta Lewicka, A Course on Tug-of-War Games with Random Noise, 2020, Springer, reproduced with permission of Springer Nature Switzerland AG. We present the basic relation between the…

Analysis of PDEs · Mathematics 2020-07-24 Marta Lewicka

Late time properties of moving relativistic particles are studied. Within the proper relativistic treatment of the problem we find decay curves of such particles and we show that late time deviations of the survival probability of these…

High Energy Physics - Phenomenology · Physics 2014-10-03 K. Urbanowski

We derive a small-time expansion for out-of-the-money call options under an exponential Levy model, using the small-time expansion for the distribution function given in Figueroa-Lopez & Houdre (2009), combined with a change of num\'eraire…

Pricing of Securities · Quantitative Finance 2011-12-15 Jose E. Figueroa-Lopez , Martin Forde

Complicated physical problems usually are solved by resorting to perturbation theory leading to solutions in the form of asymptotic series in powers of small parameters. However, finite, and even large values of the parameters often are of…

Mathematical Physics · Physics 2021-06-23 V. I. Yukalov , E. P. Yukalova

We consider random processes that are history-dependent, in the sense that the distribution of the next step of the process at any time depends upon the entire past history of the process. In general, therefore, the Markov property cannot…

Probability · Mathematics 2019-11-19 Peter Clifford , David Stirzaker

The paper contains sufficient conditions on the function $f$ and the stochastic process $X$ that supply the rate of divergence of the integral functional $\int_0^Tf(X_t)^2dt$ at the rate $T^{1-\epsilon}$ as $T\to\infty$ for every…

Probability · Mathematics 2021-02-03 Yuliya Mishura , Nakahiro Yoshida

This paper considers the class of L\'evy processes that can be written as a Brownian motion time changed by an independent L\'evy subordinator. Examples in this class include the variance gamma model, the normal inverse Gaussian model, and…

Probability · Mathematics 2008-06-02 T. R. Hurd , A. Kuznetsov

On the basis of a dilatation invariant Lagrangian, governed equations are determined for probability density and gauge potential of the non-stationary self-similar stochastic system. It is shown that an automodel regime is observed at small…

Statistical Mechanics · Physics 2009-10-31 Alexander I. Olemskoi

In this paper we consider convergence of moments in the small-time limit theorems for L\'evy processes. We provide precise asymptotics for all the absolute moments of positive order. The convergence of moments in limit theorems holds…

Probability · Mathematics 2022-04-26 Danijel Grahovac

We define a new type of self-similarity for one-parameter families of stochastic processes, which applies to a number of important families of processes that are not self-similar in the conventional sense. This includes a new class of…

Statistics Theory · Mathematics 2010-09-02 Bent Jørgensen , J. Raúl Martínez , Clarice G. B. Demétrio

We prove that when a sequence of L\'evy processes $X^{(n)}$ or a normed sequence of random walks $S^{(n)}$ converges a.s. on the Skorokhod space toward a L\'evy process $X$, the sequence $L^{(n)}$ of local times at the supremum of $X^{(n)}$…

Probability · Mathematics 2009-03-24 Loïc Chaumont , Ron Arthur Doney

We are interested in the study of the asymptotic behaviour of return times in small balls for the $T,T^{-1}$-transformation. We exhibit different asymptotic behaviours (different scaling, different limit point process) depending on the…

Dynamical Systems · Mathematics 2023-10-30 Françoise Pène , Benoit Saussol

We consider statistical learning question for $\psi$-weakly dependent processes, that unifies a large class of weak dependence conditions such as mixing, association,$\cdots$ The consistency of the empirical risk minimization algorithm is…

Statistics Theory · Mathematics 2022-10-04 Mamadou Lamine Diop , William Kengne

We show that small ball estimates together with Holder continuity assumption allow to obtain new representation results in models with long memory. In order to apply these results, we establish small ball probability estimates for Gaussian…

Probability · Mathematics 2015-08-31 Yuliya Mishura , Georgiy Shevchenko