English
Related papers

Related papers: Pathwise Stochastic Calculus with Local Times

200 papers

We establish the consistency of a local time approximation of a diffusion at a sticky threshold based on high-frequency observations. First, we prove the result for sticky Brownian motion, and then extend it to It\^o diffusions with a…

Probability · Mathematics 2024-11-08 Alexis Anagnostakis

Probabilistic timed automata are classical timed automata extended with discrete probability distributions over edges. We introduce clock-dependent probabilistic timed automata, a variant of probabilistic timed automata in which transition…

Logic in Computer Science · Computer Science 2017-07-17 Jeremy Sproston

The objective of this paper is to study the local time and Tanaka formula of symmetric $G$-martingales. We introduce the local time of $G$-martingales and show that they belong to $G$-expectation space $L_{G}^{2}(\Omega _{T})$. The…

Probability · Mathematics 2018-06-12 Guomin Liu

Let $S_n$ be a lattice random walk with mean zero and finite variance, and let $\Lambda^a_n$ be its occupation measure at level $a$. In this note, we prove local limit theorems for $\Pr[S_n=x,\Lambda^a_n=\ell]$ and…

Probability · Mathematics 2019-01-28 Pierre Yves Gaudreau Lamarre

We unify and extend the semigroup and the PDE approaches to stochastic maximal regularity of time-dependent semilinear parabolic problems with noise given by a cylindrical Brownian motion. We treat random coefficients that are only…

Analysis of PDEs · Mathematics 2019-02-12 Pierre Portal , Mark Veraar

Let $ \left(X_{t} \right)_{t\geq 0} $ be a continuous semimartingale. Let $ L^{z}_{t}\left(X\right) $ its family of local times. In \cite{YOR} Yor showed that the family $ \left( L^{z}_{t}\left(X\right) \right)_{ z \in \mathbb{R}, t \geq 0}…

Probability · Mathematics 2021-04-29 Anass Ben Taleb

This paper presents a realistic, stochastic, and local model that reproduces nonrelativistic quantum mechanics (QM) results without using its mathematical formulation. The proposed model only uses integer-valued quantities and operations on…

Quantum Physics · Physics 2018-01-17 Antonio Sciarretta

Following our previous work [68], this paper continues to investigate the evolution dynamics of local times of spectrally positive L\'evy processes with Gaussian components in the spatial direction. We prove that conditioned on the…

Probability · Mathematics 2025-02-18 Wei Xu

We investigate the connection between conditional local limit theorems and the local time of integer-valued stationary processes. We show that a conditional local limit theorem (at 0) implies the convergence of local times to Mittag-Leffler…

Probability · Mathematics 2017-04-17 Manfred Denker , Xiaofei Zheng

We consider a stochastic partial differential equation with piecewise constant coefficients driven by a multiplicative space-time white noise. The existence and uniqueness of the mild solution in Walsh sense is established. We mainly study…

Probability · Mathematics 2025-11-18 Yongkang Li , Huisheng Shu , Litan Yan

In this article we discuss the existence of local time for a class of Gaussian processes which appears as the solutions to some stochastic evolution equations. We show that on small intervals such processes are Gaussian integrators…

Probability · Mathematics 2016-08-04 Olga Izyumtseva

We consider high frequency observations from a fractional Brownian motion. Inspired by the work of Jean Jacod in a diffusion setting, we investigate the asymptotic behavior of various classical statistics related to the local times of the…

Probability · Mathematics 2017-10-24 Mark Podolskij , Mathieu Rosenbaum

For symmetric L\'evy processes, if the local times exist, the Tanaka formula has already constructed via the techniques in the potential theory by Salminen and Yor (2007). In this paper, we study the Tanaka formula for arbitrary strictly…

Probability · Mathematics 2017-02-03 Hiroshi Tsukada

We construct a planar diffusion process whose infinitesimal generator depends only on the order of the components of the process. Speaking informally and a bit imprecisely for the moment, imagine you run two Brownian-like particles on the…

Probability · Mathematics 2012-06-19 E. Robert Fernholz , Tomoyuki Ichiba , Ioannis Karatzas , Vilmos Prokaj

We modify the global Skorokhod topology, on the space of cadlag paths, by localising with respect to space variable, in order to include the eventual explosions. The tightness of families of probability measures on the paths space endowed…

Probability · Mathematics 2017-06-13 Mihai Gradinaru , Tristan Haugomat

In this paper we prove a viability result for multidimensional, time dependent, stochastic differential equations driven by fractional Brownian motion with Hurst parameter1/2 < H < 1, using pathwise approach. The sufficient condition is…

Dynamical Systems · Mathematics 2008-09-01 Ioana Ciotir , Aurel Rascanu

In this paper, we will prove that the local time of a L\'evy process is of finite $p$-variation in the space variable in the classical sense, a.s. for any $p>2$, $t\geq 0$, if the L\'evy measure satisfies $\int_{R\setminus…

Probability · Mathematics 2009-06-17 Chunrong Feng , Huaizhong Zhao

Based on the weak existence and weak uniqueness, we study the pathwise uniqueness of the solutions for a class of one-dimensional stochastic differential equations driven by pure jump processes. By using Tanaka's formula and the local time…

Probability · Mathematics 2017-03-30 Jiayu Zheng , Jie Xiong

Consider a stochastic process $\mathfrak{X}$, regenerative at a state $x$ which is instantaneous and regular. Let $L$ be a regenerative local time for $\mathfrak{X}$ at $x$. Suppose furthermore that $\mathfrak{X}$ can be approximated by…

Probability · Mathematics 2019-10-22 Aleksandar Mijatović , Gerónimo Uribe Bravo

The purpose of this note is to prove a central limit theorem for the $L^2$-modulus of continuity of the Brownian local time obtained in \cite{CLMR}, using techniques of stochastic analysis. The main ingredients of the proof are an…

Probability · Mathematics 2009-08-19 Yaozhong Hu , David Nualart