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We introduce a new Gaussian process, a generalization of both fractional and subfractional Brownian motions, which could serve as a good model for a larger class of natural phenomena. We study its main stochastic properties and some…

Probability · Mathematics 2017-04-10 Mounir Zili

In this paper, we present the asymptotic theory for integrated functions of increments of Brownian local times in space. Specifically, we determine their first-order limit, along with the asymptotic distribution of the fluctuations. Our key…

Probability · Mathematics 2023-11-03 Simon Campese , Nicolas Lengert , Mark Podolskij

In the context of time-subordinated Brownian motion models, Fourier theory and methodology are proposed to modelling the stochastic distribution of time increments. Gaussian Variance-Mean mixtures and time-subordinated models are reviewed…

Mathematical Finance · Quantitative Finance 2025-10-21 Rohan Shenoy , Peter Kempthorne

We obtain results on both weak and almost sure asymptotic behaviour of power variations of a linear combination of independent Wiener process and fractional Brownian motion. These results are used to construct strongly consistent parameter…

Probability · Mathematics 2013-06-20 Marco Dozzi , Yuliya Mishura , Georgiy Shevchenko

We consider estimation procedures which are recursive in the sense that each successive estimator is obtained from the previous one by a simple adjustment. The model considered in the paper is very general as we do not impose any…

Statistics Theory · Mathematics 2007-05-23 Teo Sharia

This paper is concerned with asymptotic theory for penalized spline estimator in bivariate additive model. The focus of this paper is put upon the penalized spline estimator obtained by the backfitting algorithm. The convergence of the…

Statistics Theory · Mathematics 2011-04-28 T. Yoshida , K. Naito

The density distribution function of the integral of the exponential Brownian motion is determined explicitly in the form of a rapidly convergent series.

Probability · Mathematics 2009-04-14 Leonid Tolmatz

We study the long-time behavior of solutions to a class of evolution equations arising from random-time changes driven by subordinators. Our focus is on fractional diffusion equations involving mixed local and nonlocal operators. By…

Analysis of PDEs · Mathematics 2025-10-28 Mohamed Majdoub , Ezzedine Mliki

This paper addresses the question of how Brownian-like motion can arise from the solution of a deterministic differential delay equation. To study this we analytically study the bifurcation properties of an apparently simple differential…

Chaotic Dynamics · Physics 2013-09-26 Jinzhi Lei , Michael C. Mackey

The discrete sum of geometric Brownian motions plays an important role in modeling stochastic annuities in insurance. It also plays a pivotal role in the pricing of Asian options in mathematical finance. In this paper, we study the…

Pricing of Securities · Quantitative Finance 2016-09-27 Dan Pirjol , Lingjiong Zhu

We study the distribution of the number of permutations with a given periodic up-down sequence w.r.t. the last entry, find exponential generating functions and prove asymptotic formulas for this distribution.

Combinatorics · Mathematics 2007-05-23 B. Shapiro , M. Shapiro , A. Vainshtein

We prove an invariance principle for Brownian motion in Gaussian or Poissonian random scenery by the method of characteristic functions. Annealed asymptotic limits are derived in all dimensions, with a focus on the case of dimension $d=2$,…

Probability · Mathematics 2014-01-03 Yu Gu , Guillaume Bal

The asymptotic distribution of a wide class of V- and U-statistics with estimated parameters is derived in the case when the kernel is not necessarily differentiable along the parameter. The results have their application in goodness-of-fit…

Statistics Theory · Mathematics 2023-05-30 Marija Cuparić , Bojana Milošević , Marko Obradović

We analyze the asymptotic dynamics of quantum systems resulting from large numbers of iterations of random unitary operations. Although, in general, these quantum operations cannot be diagonalized it is shown that their resulting asymptotic…

Quantum Physics · Physics 2018-02-14 J. Novotny , G. Alber , I. Jex

Let $\tau_{D}(Z) $ is the first exit time of iterated Brownian motion from a domain $D \subset \RR{R}^{n}$ started at $z\in D$ and let $P_{z}[\tau_{D}(Z) >t]$ be its distribution. In this paper we establish the exact asymptotics of…

Probability · Mathematics 2007-05-23 Erkan Nane

We investigate a random integral which provides a natural example of an imaginary exponential functional of Brownian motion. This functional shows up in the study of the binary annihilation process, within the Doi-Peliti formalism for…

Statistical Mechanics · Physics 2015-03-17 D. Gredat , I. Dornic , J. M. Luck

Let $B_s$ be a $d$-dimensional Brownian motion and $\omega(dx)$ be an independent Poisson field on $\mathbb{R}^d$. The almost sure asymptotics for the logarithmic moment generating function [\log\math…

Probability · Mathematics 2012-07-30 Xia Chen

We introduce the problem of estimation of the parameters of a dynamically selected population in an infinite sequence of random variables and provide its application in the statistical inference based on record values from a non-stationary…

Statistics Theory · Mathematics 2015-06-01 Morteza Amini , Nader Nematollahi

New asymptotic approximations of the non-central $t$ distribution are given, a generalization of the Student's $t$ distribution. Using new integral representations, we give new asymptotic expansions for large values of the noncentrality…

Probability · Mathematics 2023-10-17 Amparo Gil , Javier Segura , Nico M Temme

We examine the asymptotics of the moments of characteristic polynomials of $N\times N$ matrices drawn from the Hermitian ensembles of Random Matrix Theory, in the limit as $N\to\infty$. We focus in particular on the Gaussian Unitary…

Mathematical Physics · Physics 2025-04-18 Bhargavi Jonnadula , Jon Keating , Francesco Mezzadri