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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

The aim of this short note is to present the notion of IDT processes, which is a wide generalization of L\'{e}vy processes obtained from a modified infinitely divisible property. Special attention is put on a number of examples, in order to…

Probability · Mathematics 2007-05-23 Roger Mansuy

By using a simple observation that the density processes appearing in Ito's martingale representation theorem are invariant under the change of measures, we establish a non-linear version of the Cameron-Martin formula for solutions of a…

Probability · Mathematics 2010-11-16 G. Liang , A. Lionnet , Z. Qian

We provide a L\'evy-It\^o decomposition of sample paths of L\'evy processes with values in complete locally convex Suslin spaces. This class of state spaces contains the well investigated examples of separable Banach spaces, as well as…

Probability · Mathematics 2015-10-05 Florian Baumgartner

Various recent results on quantum L\'evy processes are presented. The first part provides an introduction to the theory of L\'evy processes on involutive bialgebras. The notion of independence used for these processes is tensor…

Probability · Mathematics 2007-05-23 Uwe Franz

When is it possible to interpret a given Markov process as a L\'evy-like process? Since the class of L\'evy processes can be defined by the relation between transition probabilities and convolutions, the answer to this question lies in the…

Probability · Mathematics 2020-09-08 Rúben Sousa , Manuel Guerra , Semyon Yakubovich

An analog of the Paley-Wiener isomorphism for the Hardy space with an invariant measure over infinite-dimensional unitary groups is described. This allows us to investigate on such space the shift and multiplicative groups, as well as,…

Functional Analysis · Mathematics 2017-11-21 Oleh Lopushansky

Dyson's model in infinite dimensions is a system of Brownian particles interacting via a logarithmic potential with an inverse temperature of $ \beta = 2$. The stochastic process is given as a solution to an infinite-dimensional stochastic…

Probability · Mathematics 2022-01-03 Hirofumi Osada , Ryosuke Tsuboi

In this paper, we present a comprehensive theory of generalized and weak generalized convolutions, illustrate it by a large number of examples, and discuss the related infinitely divisible distributions. We consider L\'{e}vy and additive…

Probability · Mathematics 2016-08-11 M. Borowiecka-Olszewska , B. H. Jasiulis-Gołdyn , J. K. Misiewicz , J. Rosiński

In the recent paper \cite{Ng5} we have introduced a method of studying the multi-dimensional Kingman convolutions and their associated stochastic processes by embedding them into some multi-dimensional ordinary convolutions which allows to…

Probability · Mathematics 2009-09-09 Thu Nguyen

In this article we consider the Levy processes and the corresponding semigroup. We represent the generator of this semigroup in a convolution form. Using the obtained convolution form and the theory of integral equations we investigate the…

Probability · Mathematics 2011-04-05 Lev Sakhnovich

In this work, we consider moments of exponential functionals of L\'{e}vy processes on a deterministic horizon. We derive two convolutional identities regarding these moments. The first one relates the complex moments of the exponential…

Probability · Mathematics 2024-08-01 Zbigniew Palmowski , Hristo Sariev , Mladen Savov

Levy processes, which have stationary independent increments, are ideal for modelling the various types of noise that can arise in communication channels. If a Levy process admits exponential moments, then there exists a parametric family…

Probability · Mathematics 2019-05-02 Dorje C. Brody , Lane P. Hughston , Xun Yang

It is shown that many of the classical generalized isoperimetric inequalities for the Laplacian when viewed in terms of Brownian motion extend to a wide class of Levy processes. The results are derived from the multiple integral…

Probability · Mathematics 2009-07-10 Rodrigo Banuelos , Pedro J. Mendez-Hernandez

Fractional processes have gained popularity in financial modeling due to the dependence structure of their increments and the roughness of their sample paths. The non-Markovianity of these processes gives, however, rise to conceptual and…

Mathematical Finance · Quantitative Finance 2018-02-07 Philipp Harms , David Stefanovits

The crossover among two or more types of diffusive processes represents a vibrant theme in nonequilibrium statistical physics. In this work we propose two models to generate crossovers among different L\'evy processes: in the first model we…

Statistical Mechanics · Physics 2020-09-15 Maike A. F. dos Santos , Fernando D. Nobre , Evaldo M. F. Curado

We find necessary and sufficient conditions for almost sure finiteness of integral functionals of spectrally positive L\'evy processes. Via Lamperti type transforms, these results can be applied to obtain new integral tests on extinction…

Probability · Mathematics 2020-06-15 Pei-Sen Li , Xiaowen Zhou

Classes of multivariate and cone valued infinitely divisible Gamma distributions are introduced. Particular emphasis is put on the cone-valued case, due to the relevance of infinitely divisible distributions on the positive semi-definite…

Probability · Mathematics 2015-03-19 Victor Pérez-Abreu , Robert Stelzer

The random integral mappings (some type of functionals of L\'evy processes) are continuous homomorphisms between convolution subsemigroups of the semigroup of all infinitely divisible measures. Compositions of those random integrals…

Probability · Mathematics 2021-09-07 Zbigniew J. Jurek

Positive self-similar Markov processes (pssMp) are positive Markov processes that satisfy the scaling property and it is known that they can be represented as the exponential of a time-changed L\'evy process via Lamperti representation. In…

Probability · Mathematics 2019-12-13 Grégoire Véchambre