Related papers: Strict local martingales: examples
We study the density of the supremum of a strictly stable L\'evy process. We prove that for almost all values of the index $\alpha$ -- except for a dense set of Lebesgue measure zero -- the asymptotic series which were obtained in A.…
We extend the proof of the local semicircle law for generalized Wigner matrices given in [4] to the case when the matrix of variances has an eigenvalue $ -1 $. In particular, this result provides a short proof of the optimal local…
We prove that there exists a martingale $f\in H_p $ such that the subsequence $\{L_{2^n}f \}$ of N\"orlund logarithmic means with respect to the Walsh system are not bounded in the Lebesgue space $weak-L_p $ for $0<p<1 $. Moreover, we prove…
On the circle of radius $R$ centred at the origin, consider a ``thin'' sector about the fixed line $y = \alpha x$ with edges given by the lines $y = (\alpha \pm \epsilon) x$, where $\epsilon = \epsilon_R \rightarrow 0$ as $ R \to \infty $.…
We develop a general framework for extracting highly uniform bounds on local stability for stochastic processes in terms of information on fluctuations or crossings. This includes a large class of martingales: As a corollary of our main…
We obtain a strong renewal theorem with infinite mean beyond regular variation, when the underlying distribution belongs to the domain of geometric partial attraction a semistable law with index $\alpha\in (1/2,1]$. In the process we obtain…
A multiplicative subset $S$ of a ring $R$ is called \textit{strongly multiplicative} if $(\bigcap_{i\in\Delta}s_iR)\cap S \neq \emptyset$ for each family $(s_i)_{i\in\Delta}$ of elements in $S$. In this paper, we investigate how these sets…
We show that in two spatial dimensions, when a quantum state has entanglement entropy obeying a strict area law, meaning $S(A)=\alpha |\partial A| - \gamma$ for constants $\alpha, \gamma$ independent of lattice region $A$, then it admits a…
We show that, given a continuous action $\alpha$ of a locally compact group $G$ on a factor $M$, the relative commutant $M'\cap(M\rtimes_{\alpha} G)$ is contained in $M\rtimes_{\alpha} H$ where $H$ is the subgroup of elements acting without…
We consider controlled random walks that are martingales with uniformly bounded increments and nontrivial jump probabilities and show that such walks can be constructed so that P(S_n^u=0) decays at polynomial rate n^{-\alpha} where \alpha>0…
We prove some facts about locales $L$ equipped with the Scott topology $\Omega(L)$, in particular studying a canonical frame homomorphism $\phi:\Omega(L)\to L$ which is motivated by an application to cognitive science. Such a topological…
Let $C$ be a convex subset of a locally convex space. We provide optimal approximate fixed point results for sequentially continuous maps $f\colon C\to\bar{C}$. First we prove that if $f(C)$ is totally bounded, then it has an approximate…
We prove a strong approximation result for the empirical process associated to a stationary sequence of real-valued random variables, under dependence conditions involving only indicators of half lines. This strong approximation result also…
The characterisation of termination using well-founded monotone algebras has been a milestone on the way to automated termination techniques, of which we have seen an extensive development over the past years. Both the semantic…
We prove a weak maximum principle for nonlocal symmetric stable operators. This includes the fractional Laplacian. The main focus of this work is the regularity of the considered function.
We show the existence of superprocesses in a random medium with location dependent branching. Technically, we make use of a duality relation to establish the uniqueness of the martingale problem and to obtain the moment formulas.
A continuous-path semimartingale market model with wealth processes discounted by a riskless asset is considered. The numeraire portfolio is the unique strictly positive wealth process that, when used as a benchmark to denominate all other…
We consider systems of stochastic differential equations of the form \[ \d X_t^i = \sum_{j=1}^d A_{ij}(X_{t-}) \d Z_t^j\] for $i=1,\dots,d$ with continuous, bounded and non-degenerate coefficients. Here $Z_t^1,\dots,Z_t^d$ are independent…
We study the local Lipschitz one subsets of a finite dimensional space, that is, sets for which there exists a continuous function whose local Lipschitz derivative is the characteristic function of said set. We give a characterization of a…
We give a simple proof that for a continuous local martingale $M_{t}$ $$ \liminf_{\varepsilon\downarrow0}\varepsilon \log Ee^{(1-\varepsilon) \langle M\rangle_{\infty}/2}<\infty \Longrightarrow E\exp(M_{\infty}-\langle…