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The Painlev\'e transcendents $P_{\rom{I}}$--$P_{\rom{V}}$ and their representations as isomonodromic deformation equations are derived as nonautonomous Hamiltonian systems from the classical $R$--matrix Poisson bracket structure on the dual…

High Energy Physics - Theory · Physics 2009-10-28 J. Harnad , M. Routhier

By using a symbolic technique known in the literature as the classical umbral calculus, we characterize two classes of polynomials related to L\'evy processes: the Kailath-Segall and the time-space harmonic polynomials. We provide the…

Probability · Mathematics 2013-10-16 E. Di Nardo , I. Oliva

For a general Multidimensional L\'{e}vy process (satisfying some moment conditions), we introduce the Multidimensional power jump processes and the related Multidimensional Teugels martingales. Furthermore, we orthogonalize the…

Probability · Mathematics 2011-11-02 Jianzhong Lin

We study dissipative translationally invariant free-fermionic theories with quadratic Liouvillians. Using a Lie-algebraic approach, we solve the Lindblad equation and find the density matrix at all times for arbitrary time dependence of the…

Quantum Physics · Physics 2020-11-23 L. R. Bakker , V. I. Yashin , D. V. Kurlov , A. K. Fedorov , V. Gritsev

Hermite processes are a class of self-similar processes with stationary increments. They often arise in limit theorems under long-range dependence. We derive new representations of Hermite processes with multiple Wiener-It\^o integrals,…

Probability · Mathematics 2020-05-11 Shuyang Bai

The free Meixner laws arise as the distributions of orthogonal polynomials with constant-coefficient recursions. We show that these are the laws of the free pairs of random variables which have linear regressions and quadratic conditional…

Operator Algebras · Mathematics 2007-05-23 Marek Bozejko , Wlodzimierz Bryc

The challenge to fruitfully merge state-of-the-art techniques from mathematical finance and numerical analysis has inspired researchers to develop fast deterministic option pricing methods. As a result, highly efficient algorithms to…

Computational Finance · Quantitative Finance 2015-11-06 Kathrin Glau

We study the small-time asymptotics of sample paths of L\'evy processes and L\'evy-type processes. Namely, we investigate under which conditions the limit $$\limsup_{t \to 0} \frac{1}{f(t)} |X_t-X_0|$$ is finite resp.\ infinite with…

Probability · Mathematics 2021-10-11 Franziska Kühn

The functional empirical process is a very powerful tool for deriving asymptotic laws for almost any kind of statistics whenever we know how to express them into functions of the sample. Since this method seems to be applied more and more…

Methodology · Statistics 2021-09-07 Gane Samb Lo

We obtain the topological expansion of the hermitian matrix model using its representation as a CFT on a hyperelliptic Riemann surface. To each branch point of the Riemann surface we associate an operator which represents a twist field…

High Energy Physics - Theory · Physics 2014-11-20 Ivan Kostov

Free quadratic harness is a Markov process from the class of quadratic harnesses, i.e. processes with linear regressions and quadratic conditional variances. The process has recently been constructed for a restricted range of parameters in…

Probability · Mathematics 2011-09-13 Wlodzimierz Bryc , Wojciech Matysiak , Jacek Wesołowski

We present and demonstrate a version of Levinson's theorem especially dedicated to the asymptotic behavior of form factor phases. Indeed, as required by analyticity, form factors are multi-valued complex functions of a square four-momentum…

High Energy Physics - Phenomenology · Physics 2026-04-13 Francesco Rosini , Simone Pacetti

For a broad class of the Levy processes the new form (convolution type) of the infinitesimal generators is introduced. It leads to the new notions: a truncated generator, a quasi-potential. The probability of the Levy process remaining…

Probability · Mathematics 2015-09-07 Lev Sakhnovich

This paper proves sharp bounds on the tails of the L\'evy exponent of an operator semistable law on $\mathbb R^d$. These bounds are then applied to explicitly compute the Hausdorff and packing dimensions of the range, graph, and other…

Probability · Mathematics 2018-06-15 Peter Kern , Mark M. Meerschaert , Yimin Xiao

We develop an approach to Malliavin calculus for L\'evy processes from the perspective of expressing a random variable $Y$ by a functional $F$ mapping from the Skorohod space of c\`adl\`ag functions to $\mathbb{R}$, such that $Y=F(X)$ where…

Probability · Mathematics 2014-10-31 Alexander Steinicke

The concept of permutograph is introduced and properties of integral functions on permutographs are established. The central result characterizes the class of integral functions that are representable as lattice polynomials. This result is…

Combinatorics · Mathematics 2009-04-12 Sergei Ovchinnikov

Exponential functionals of Brownian motion have been extensively studied in financial and insurance mathematics due to their broad applications, for example, in the pricing of Asian options. The Black-Scholes model is appealing because of…

Pricing of Securities · Quantitative Finance 2016-10-04 Runhuan Feng , Alexey Kuznetsov , Fenghao Yang

In this paper, we construct a Malliavin derivative for functionals of square-integrable L\'evy processes and derive a Clark-Ocone formula. The Malliavin derivative is defined via chaos expansions involving stochastic integrals with respect…

Probability · Mathematics 2007-07-26 Jean-François Renaud , Bruno Rémillard

Estimation methods for the L\'{e}vy density of a L\'{e}vy process are developed under mild qualitative assumptions. A classical model selection approach made up of two steps is studied. The first step consists in the selection of a good…

Statistics Theory · Mathematics 2016-08-16 José E. Figueroa-López , Christian Houdré

Several two-boundary problems are solved for a special L\'{e}vy process: the Poisson process with an exponential component. The jumps of this process are controlled by a homogeneous Poisson process, the positive jump size distribution is…

Probability · Mathematics 2016-08-14 Tetyana Kadankova , Noël Veraverbeke