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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 Poincar{\'e} inequalities and long-time behavior for diffusion processes on R^n under a variable curvature lower bound, in the sense of Bakry-Emery. We derive various estimates on the rate of convergence to equilibrium in L^1…

Functional Analysis · Mathematics 2020-02-24 Patrick Cattiaux , Max Fathi , Arnaud Guillin

The linear fractional stable motion generalizes two prominent classes of stochastic processes, namely stable L\'evy processes, and fractional Brownian motion. For this reason it may be regarded as a basic building block for continuous time…

Statistics Theory · Mathematics 2022-08-17 Fabian Mies , Mark Podolskij

Einstein-Smoluchowski diffusion, damped harmonic oscillations, and spatial decoherence are special cases of an elegant class of Markovian quantum Brownian motion models that is invariant under linear symplectic transformations. Here we…

Quantum Physics · Physics 2016-02-04 C. Jess Riedel

We derive a functional equation for the mean first-passage time (MFPT) of a generic self-similar Markovian continuous process to a target in a one-dimensional domain and obtain its exact solution. We show that the obtained expression of the…

Statistical Mechanics · Physics 2015-05-27 Vincent Tejedor , Olivier Bénichou , Ralf Metzler , Raphael Voituriez

In this article, we present two different approaches for obtaining quantitative inequalities in the context of parabolic optimal control problems. Our model consists of a linearly controlled heat equation with Dirichlet boundary condition…

Optimization and Control · Mathematics 2021-03-02 Idriss Mazari

We present a study of the distance between a Brownian motion and a submanifold of a complete Riemannian manifold. We include a variety of results, including an inequality for the Laplacian of the distance function derived from a Jacobian…

Probability · Mathematics 2016-04-19 James Thompson

We examine the non-exit probability of a multidimensional Brownian motion from a growing truncated Weyl chamber. Different regimes are identified according to the growth speed, ranging from polynomial decay over stretched-exponential to…

Probability · Mathematics 2010-08-19 Wolfgang König , Patrick Schmid

A collection $\{\bar{B}(x_n,r_n)\}_{n\ge 1}$ of pairwise disjoint balls in the Euclidean space $\R^d$ is said to be avoidable with respect to a transient process $X$ if the process with positive probability escapes to infinity without…

Probability · Mathematics 2013-11-08 Ante Mimica , Zoran Vondraček

We prove explicit upper and lower bounds for the $L^1$-moment spectra for the Brownian motion exit time from extrinsic metric balls of submanifolds $P^m$ in ambient Riemannian spaces $N^{n}$. We assume that $P$ and $N$ both have controlled…

Differential Geometry · Mathematics 2010-09-08 Ana Hurtado , Steen Markvorsen , Vicente Palmer

This work deals with the overdamped motion of a particle in a fluctuating one-dimensional periodic potential. If the potential has no inversion symmetry and its fluctuations are asymmetric and correlated in time, a net flow can be generated…

Condensed Matter · Physics 2016-10-26 Enrique Abad , Andreas Mielke

The main purpose of this chapter is to present some theoretical aspects of parametric estimation of L\'evy processes based on high-frequency sampling, with a focus on infinite activity pure-jump models. Asymptotics for several classes of…

Statistics Theory · Mathematics 2014-09-02 Hiroki Masuda

We consider the non-cutoff Boltzmann equation in the spatially inhomogeneous, soft potentials regime, and establish decay estimates for large velocity. In particular, we prove that pointwise algebraically decaying upper bounds in the…

Analysis of PDEs · Mathematics 2023-11-07 Christopher Henderson , Stanley Snelson , Andrei Tarfulea

We obtain new upper tail probabilities of $m$-times integrated Brownian motions under the uniform norm and the $L^p$ norm. For the uniform norm, Talagrand's approach is used, while for the $L^p$ norm, Zolotare's approach together with…

Probability · Mathematics 2015-06-23 Fuchang Gao , Xiangfeng Yang

We consider nonparametric statistical inference for L\'evy processes sampled irregularly, at low frequency. The estimation of the jump dynamics as well as the estimation of the distributional density are investigated. Non-asymptotic risk…

Statistics Theory · Mathematics 2015-11-23 Johanna Kappus

We obtain probability measures on the canonical space penalizing the Wiener measure by a function of its maximum (resp. minimum, local time). We study the law of the canonical process under these new probability measures.

Probability · Mathematics 2007-05-23 Bernard Roynette , Pierre Vallois , Marc Yor

We derive a high-resolution formula for the quantization and entropy coding approximation quantities for fractional Brownian motion, respective to the supremum norm and L^p[0,1]-norm distortions. We show that all moments in the quantization…

Probability · Mathematics 2007-05-23 Steffen Dereich , Michael Scheutzow

We prove two-sided bounds on the expected values of several geometric functionals of the convex hull of Brownian motion in $\mathbb{R}^n$ and their inverse processes. This extends some recent results of McRedmond and Xu (2017),…

Probability · Mathematics 2026-01-28 Hugo Panzo , Evan Socher

The infinite Brownian loop on a Riemannian manifold is the limit in distribution of the Brownian bridge of length $T$ around a fixed origin when $T \rightarrow +\infty$. The aim of this note is to study its long-time asymptotics on…

Analysis of PDEs · Mathematics 2023-01-25 Effie Papageorgiou

The speed of light $c$ sets a strict upper bound on the speed of information transfer in both classical and quantum systems. In nonrelativistic quantum systems, the Lieb-Robinson Theorem imposes an emergent speed limit $v \hspace{-0.2mm}…

Quantum Physics · Physics 2023-07-06 Aaron J. Friedman , Chao Yin , Yifan Hong , Andrew Lucas