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The paper presents a multidimensional model for nonlinear Markovian random walks that generalizes one we developed previously (Phys. Rev. E v.79, 011110, 2009) in order to describe the Levy type stochastic processes in terms of continuous…

Statistical Mechanics · Physics 2015-05-13 Ihor Lubashevsky , Rudolf Friedrich , Andreas Heuer

We are interested in modeling Darwinian evolution resulting from the interplay of phenotypic variation and natural selection through ecological interactions. The population is modeled as a stochastic point process whose generator captures…

Probability · Mathematics 2011-02-01 Benjamin Jourdain , Sylvie Méléard , Wojbor Woyczynski

We describe how to construct and compute unambiguously path integrals for particles moving in a curved space, and how these path integrals can be used to calculate Feynman graphs and effective actions for various quantum field theories with…

High Energy Physics - Theory · Physics 2007-05-23 Fiorenzo Bastianelli

Let {X_{t_1,t_2}: t_1,t_2 >= 0} be a two-parameter L\'evy process on R^d. We study basic properties of the one-parameter process {X_{x(t),y(t)}: t \in T} where x and y are, respectively, nondecreasing and nonincreasing nonnegative…

Probability · Mathematics 2010-01-08 Shai Covo

Many important transport phenomena are described by simple mathematical models rooted in the diffusion equation. Geometrical constraints present in such phenomena often have influence of a universal sort and manifest themselves in scaling…

Statistical Mechanics · Physics 2007-05-23 Michael Slutsky

Infinite horizon optimal stopping problems for a L\'evy processes with a two-sided reward function are considered. A two-sided verification theorem is presented in terms of the overall supremum and the overall infimum of the process. A…

Probability · Mathematics 2019-12-18 Ernesto Mordecki , Facundo Oliú Eguren

We investigate the stationary diffusion equation with a coefficient given by a (transformed) L\'evy random field. L\'evy random fields are constructed by smoothing L\'evy noise fields with kernels from the Mat\'ern class. We show that…

Analysis of PDEs · Mathematics 2021-11-19 Oliver G. Ernst , Hanno Gottschalk , Thomas Kalmes , Toni Kowalewitz , Marco Reese

These lectures notes aim at introducing L\'{e}vy processes in an informal and intuitive way, accessible to non-specialists in the field. In the first part, we focus on the theory of L\'{e}vy processes. We analyze a `toy' example of a…

Pricing of Securities · Quantitative Finance 2008-12-02 Antonis Papapantoleon

We consider here a logistic equation, modeling processes of nonlocal character both in the diffusion and proliferation terms. More precisely, for populations that propagate according to a L\'evy process and can reach resources in a…

Analysis of PDEs · Mathematics 2016-01-22 Luis Caffarelli , Serena Dipierro , Enrico Valdinoci

A space-time symmetric and explicitly Lorentz covariant path integral formalism of relativistic quantum mechanics is proposed, which produces partial locally correlations of quantum processes of massive particles with the velocity of light…

Quantum Physics · Physics 2007-05-23 H. Y. Geng

We study the extremal behavior of a stochastic integral driven by a multivariate L\'{e}vy process that is regularly varying with index $\alpha>0$. For predictable integrands with a finite $(\alpha+\delta)$-moment, for some $\delta>0$, we…

Probability · Mathematics 2007-05-23 Henrik Hult , Filip Lindskog

Last passage times arise in a number of areas of applied probability, including risk theory and degradation models. Such times are obviously not stopping times since they depend on the whole path of the underlying process. We consider the…

Probability · Mathematics 2018-06-01 Erik J. Baurdoux , J. M. Pedraza

It is proved that the random integral mappings (some type of functionals of L\'evy processes) are always isomorphisms between convolution semigroups of infinitely divisible measures. However, the inverse mappings are no longer of the random…

Probability · Mathematics 2013-10-15 Zbigniew J. Jurek

In this work, we present sufficient conditions for the existence of a stationary solution of an abstract stochastic Cauchy problem driven by an arbitrary cylindrical L\'evy process, and show that these conditions are also necessary if the…

Probability · Mathematics 2019-04-08 Umesh Kumar , Markus Riedle

L\'evy processes, known for their ability to model complex dynamics with skewness, heavy tails and discontinuities, play a critical role in stochastic modeling across various domains. However, inference for most L\'evy processes, whether in…

Methodology · Statistics 2025-05-29 Bill Z. Lin , Simon Godsill

We use an one dimensional model of a square barrier embedded in an infinite potential well to demonstrate that tunneling leads to a complex behavior of the wave function and that the degree of complexity may be quantified by use of the…

Quantum Physics · Physics 2015-07-20 Ofir Flom , Asher Yahalom , Haggai Zilberberg , L. P. Horwitz , Jacob Levitan

It is shown that a coherent understanding of all quantized phenomena, including those governed by unitary evolution equations as well as those related to irreversible quantum measurements, can be achieved in a scenario of successive…

Quantum Physics · Physics 2007-12-31 Xiaolei Zhang

We consider a process $Z$ on the real line composed from a L\'evy process and its exponentially tilted version killed with arbitrary rates and give an expression for the joint law of $Z$ seen from its supremum, the supremum $\overline Z$…

Probability · Mathematics 2014-05-15 Sebastian Engelke , Jevgenijs Ivanovs

The paper addresses one-dimensional transport in a Goupillaud medium (a layered medium in which the layer thickness is proportional to the propagation speed), as a prototypical case of wave propagation in random media. Suitable stochastic…

Probability · Mathematics 2021-03-09 Michael Oberguggenberger , Martin Schwarz

For a L\'evy process $X$ on a finite time interval consider the probability that it exceeds some fixed threshold $x>0$ while staying below $x$ at the points of a regular grid. We establish exact asymptotic behavior of this probability as…

Probability · Mathematics 2022-01-05 Krzysztof Bisewski , Jevgenijs Ivanovs