English
Related papers

Related papers: Fluctuation theory for L\'evy processes with compl…

200 papers

Limit theorems are presented for the rescaled occupation time fluctuation process of a critical finite variance branching particle system in $\mathbb{R}^{d}$ with symmetric $\alpha$-stable motion starting off from either a standard Poisson…

Probability · Mathematics 2009-11-04 Piotr Milos

It is known that after scaling a random Motzkin path converges to a Brownian excursion. We prove that the fluctuations of the counting processes of the ascent steps, the descent steps and the level steps converge jointly to linear…

Probability · Mathematics 2019-12-30 Włodzimierz Bryc , Yizao Wang

Volatility estimation based on high-frequency data is key to accurately measure and control the risk of financial assets. A L\'{e}vy process with infinite jump activity and microstructure noise is considered one of the simplest, yet…

Statistics Theory · Mathematics 2019-09-12 Qi Wang , José E. Figueroa-López , Todd Kuffner

It is common practice to treat small jumps of L\'evy processes as Wiener noise and thus to approximate its marginals by a Gaussian distribution. However, results that allow to quantify the goodness of this approximation according to a given…

Statistics Theory · Mathematics 2019-04-03 Alexandra Carpentier , Céline Duval , Ester Mariucci

We provide a complete description of the equilibrium fluctuations for diffusive symmetric exclusion processes with long jumps in contact with infinitely extended reservoirs and prove that they behave as generalized Ornstein-Uhlenbeck…

Mathematical Physics · Physics 2021-10-26 Cedric Bernardin , Patricia Goncalves , Milton Jara , Stefano Scotta

The Wiener--Hopf factorisation of a L\'evy or Markov additive process describes the way that it attains new maxima and minima in terms of a pair of so-called ladder height processes. Vigon's theory of friendship for L\'evy processes…

Probability · Mathematics 2024-10-15 Leif Döring , Lukas Trottner , Alexander R. Watson

We prove precise stability results for overshoots of Markov additive processes (MAPs) with finite modulating space. Our approach is based on the Markovian nature of overshoots of MAPs whose mixing and ergodic properties are investigated in…

Probability · Mathematics 2024-05-28 Leif Döring , Lukas Trottner

We present sufficient conditions for the transience and the existence of local times of a Feller process, and the ultracontractivity of the associated Feller semigroup; these conditions are sharp for L\'{e}vy processes. The proof uses a…

Probability · Mathematics 2011-08-17 René L. Schilling , Jian Wang

We prove smoothing properties of nonlocal transition semigroups associated to a class of stochastic differential equations (SDE) driven by additive pure-jump L\'evy noise. In particular, we assume that the L\'evy process driving the SDE is…

Probability · Mathematics 2012-08-15 Seiichiro Kusuoka , Carlo Marinelli

We present results of the numerical simulations and the scaling characteristics of one-dimensional random fluctuations with heavy tailed probability distribution functions. Assuming that the distribution function of the random fluctuations…

Statistical Mechanics · Physics 2017-08-16 Mohsen Ghasemi Nezhadhaghighi

The fluctuations of the current for the one-dimensional totally asymmetric exclusion process with $L$ sites are studied in the relaxation regime of times $T\sim L^{3/2}$. Using Bethe ansatz for the periodic system with an evolution…

Statistical Mechanics · Physics 2015-01-22 Sylvain Prolhac

Ho\v{r}ava-Lifshitz gravity is a potentially UV complete theory with important implications for the very early universe. In particular, in the presence of spatial curvature it is possible to obtain a non-singular bouncing cosmology. The…

High Energy Physics - Theory · Physics 2015-05-14 Xian Gao , Yi Wang , Wei Xue , Robert Brandenberger

We consider stationary fluctuations for the multi-species zero range process with long jumps in one dimension, where the underlying transition probability kernel is $p(x) = c_+ |x|^{-1-\alpha}$ if $x > 0$ and $= c_-|x|^{-1-\alpha}$ if $x <…

Probability · Mathematics 2023-03-17 Linjie Zhao

Consider a L\'evy process $Y(t)$ over an exponentially distributed time $T_\beta$ with mean $1/\beta$. We study the joint distribution of the running maximum $\bar{Y}(T_\beta)$ and the time epoch $G(T_\beta$) at which this maximum last…

Probability · Mathematics 2022-12-06 Onno Boxma , Offer Kella , Michel Mandjes

We investigate the work fluctuations in an overdamped non-equilibrium process that is stopped at a stochastic time. The latter is characterized by a first passage event that marks the completion of the non-equilibrium process. In…

Statistical Mechanics · Physics 2024-03-20 Iago N Mamede , Prashant Singh , Arnab Pal , Carlos E. Fiore , Karel Proesmans

We propose diffusion-like equations with time and space fractional derivatives of the distributed order for the kinetic description of anomalous diffusion and relaxation phenomena, whose diffusion exponent varies with time and which,…

Statistical Mechanics · Physics 2009-11-07 A. V. Chechkin , R. Gorenflo , I. M. Sokolov

We estimate a median of $f(X_t)$ where $f$ is a Lipschitz function, $X$ is a L\'evy process and $t$ an arbitrary time. This leads to concentration inequalities for $f(X_t)$. In turn, corresponding fluctuation estimates are obtained under…

Probability · Mathematics 2007-05-23 C. Houdré , P. Marchal

It is known that the so-called Bercovici-Pata bijection can be explained in terms of certain Hermitian random matrix ensembles $(M_{d})_{d\geq1}$ whose asymptotic spectral distributions are free infinitely divisible. We investigate…

Probability · Mathematics 2012-12-17 J. Armando Domínguez-Molina , Víctor Pérez-Abreu , Alfonso Rocha-Arteaga

The Gallavotti-Cohen fluctuation theorem suggests a general symmetry in the fluctuations of the entropy production, a basic concept in the theory of irreversible processes, based on results in the theory of strongly chaotic maps. We study…

Statistical Mechanics · Physics 2015-05-26 Christian Maes , Frank Redig , Michel Verschuere

We develop a comprehensive framework for characterizing fluctuations in quantum transport and nonequilibrium thermodynamics using two complementary approaches: full counting statistics and first-passage times. Focusing on open quantum…

Statistical Mechanics · Physics 2026-01-12 Paul Menczel , Christian Flindt , Fredrik Brange , Franco Nori , Clemens Gneiting