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We derive two types of representation results for increasing convex functionals in terms of countably additive measures. The first is a max-representation of functionals defined on spaces of real-valued continuous functions and the second a…

Functional Analysis · Mathematics 2021-03-30 Patrick Cheridito , Michael Kupper , Ludovic Tangpi

We derive It\^o-type change of variable formulas for smooth functionals of irregular paths with non-zero $p-$th variation along a sequence of partitions where $p \geq 1$ is arbitrary, in terms of fractional derivative operators, extending…

Classical Analysis and ODEs · Mathematics 2021-11-30 Rama Cont , Ruhong Jin

When a strict local martingale is projected onto a subfiltration to which it is not adapted, the local martingale property may be lost, and the finite variation part of the projection may have singular paths. This phenomenon has…

Probability · Mathematics 2014-05-20 Martin Larsson

We consider some versions and generalizations of an approach to the expansion of iterated Ito stochastic integrals of arbitrary multiplicity $k$ $(k\in\mathbb{N})$ based on generalized multiple Fourier series. Expansions of iterated…

Probability · Mathematics 2023-08-01 Dmitriy F. Kuznetsov

Motivated by applications to SPDEs we extend the It\^o formula for the square of the norm of a semimartingale $y(t)$ from Gy\"ongy and Krylov (Stochastics 6(3):153-173, 1982) to the case \begin{equation*} \sum_{i=1}^m \int_{(0,t]}…

Probability · Mathematics 2017-03-22 István Gyöngy , David Šiška

We present a systematic method for computing explicit approximations to martingale representations for a large class of Brownian functionals. The approximations are obtained by obtained by computing a directional derivative of the weak…

Probability · Mathematics 2018-03-28 Rama Cont , Yi Lu

In this paper we explain that the natural filtration of a continuous Hunt process is continuous, and show that martingales over such a filtration are continuous. We further establish a martingale representation theorem for a class of…

Probability · Mathematics 2009-10-27 Zhongmin Qian , ; Jiangang Ying

We consider a filtration $\mathbb{G}$ obtained as enlargement of a filtration $\mathbb{F}$ by a filtration $\mathbb{H}$. We assume that all $\mathbb{F}$-local martingales are represented by a martingale $M$ and all $\mathbb{H}$-local…

Probability · Mathematics 2024-11-25 Antonella Calzolari , Barbara Torti

Motivated by questions arising in financial mathematics, Dupire introduced a notion of smoothness for functionals of paths (different from the usual Fr\'echet--Gat\'eaux derivatives) and arrived at a generalization of It\=o's formula…

Probability · Mathematics 2012-12-07 Harald Oberhauser

By using the localized character of canonical coherent states, we give a straightforward derivation of the Bargmann integral representation of Wigner function (W). A non-integral representation is presented in terms of a quadratic form…

Quantum Physics · Physics 2009-11-13 Fernando Parisio

In this paper we study the following problem: for a given bounded positive function $f$ on a filtered probability space can we find another function (a multiplier) $m$, $0\le m\le 1$, such that the function $mf$ is not ``too small'' but its…

Probability · Mathematics 2023-09-08 Anton Tselishchev

A noncommutative Kunita-Watanabe-type representation theorem is established for the martingales of quasifree states of CCR algebras. To this end the basic theory of quasifree stochastic integrals is developed using the abstract It\^o…

Operator Algebras · Mathematics 2018-01-18 J. Martin Lindsay , Oliver T. Margetts

In this paper we present an abstraction-refinement approach to Satisfiability Modulo the theory of transcendental functions, such as exponentiation and trigonometric functions. The transcendental functions are represented as uninterpreted…

Logic in Computer Science · Computer Science 2018-01-29 Alessandro Cimatti , Alberto Griggio , Ahmed Irfan , Marco Roveri , Roberto Sebastiani

We develop and investigate a general theory of representations of second-order functionals, based on a notion of a right comodule for a monad on the category of containers. We show how the notion of comodule representability naturally…

Logic in Computer Science · Computer Science 2025-06-12 Danel Ahman , Andrej Bauer

In Chapter 3 of his Notes on constructive mathematics, Martin-L{\"o}f describes recursively constructed ordinals. He gives a constructively acceptable version of Kleene's computable ordinals. In fact, the Turing definition of computable…

Logic · Mathematics 2024-12-11 Thierry Coquand , Henri Lombardi , Stefan Neuwirth

The integral representation theorem for martingales has been widely used in probability theory. In this work, we propose and prove a general representation theorem for a class of set-valued submartingales. We also extend the stochastic…

Probability · Mathematics 2024-01-08 Luc Tri Tuyen , Vu Thai Luan

We show that, under certain smoothness conditions, a Brownian martingale, when evaluated at a fixed time, can be represented via an exponential formula at a later time. The time-dependent generator of this exponential operator only depends…

Probability · Mathematics 2015-10-27 Sixian Jin , Qidi Peng , Henry Schellhorn

We consider a standard optimal investment problem in a complete financial market driven by a Wiener process and derive an explicit formula for the optimal portfolio process in terms of the vertical derivative from functional It^o calculus.…

Mathematical Finance · Quantitative Finance 2018-01-01 Kristoffer Lindensjö

We show that one can use model categories to construct rational orthogonal calculus. That is, given a continuous functor from vector spaces to based spaces one can construct a tower of approximations to this functor depending only on the…

Algebraic Topology · Mathematics 2017-03-16 David Barnes

We show that, under certain smoothness conditions, a Brownian martingale at a fixed time can be represented as an exponential of its value at a later time. The time-dependent generator of this exponential operator is equal to one half times…

Probability · Mathematics 2015-11-06 Henry Schellhorn