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Related papers: It\^o's formula for jump processes in $L_p$-spaces

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We prove the solvability of It\^o stochastic equations with uniformly nondegenerate, bounded, measurable diffusion and drift in $L_{d+1}(\mathbb{R}^{d+1})$. Actually, the powers of summability of the drift in $x$ and $t$ could be different.…

Probability · Mathematics 2020-10-13 N. V. Krylov

In this paper we develop a white noise framework for the study of stochastic partial differential equations driven by a d-parameter (pure jump) Levy white noise. As an example we use this theory to solve the stochastic Poisson equation with…

Probability · Mathematics 2016-09-07 Arne Lokka , Bernt Oksendal , Frank Proske

We consider the stochastic ranking process with space-time dependent jump rates for the particles. The process is a simplified model of the time evolution of the rankings such as sales ranks at online bookstores. We prove that the joint…

Probability · Mathematics 2013-01-01 Tetsuya Hattori , Seiichiro Kusuoka

In closed quantum systems, Krylov complexity admits a geometric description; operator growth is equivalent to Hamiltonian flow in an emergent phase space whose structure is fixed by the Lanczos coefficients. We show that this picture…

High Energy Physics - Theory · Physics 2026-04-23 Arpan Bhattacharyya , S. Shajidul Haque , Jeff Murugan , Mpho Tladi , Hendrik J. R. Van Zyl

IIn this paper we provide predictable and chaotic representations for It\^{o}-Markov additive processes $X$. Such a process is governed by a finite-state CTMC $J$ which allows one to modify the parameters of the It\^{o}-jump process (in…

Probability · Mathematics 2017-08-28 Zbigniew Palmowski , Łukasz Stettner , Anna Sulima

Markovian projections arise in problems where we aim to mimic the one-dimensional marginal laws of an It\^o semimartingale by using another It\^o process with Markovian dynamics. In applications, Markovian projections are useful in…

Probability · Mathematics 2025-11-25 Martin Larsson , Shukun Long

We provide a support theorem for the law of the solution to an SDE with jump noise. This theorem applies to general SDEs with jumps and is illustrated by examples of SDEs with quite degenerate jump noises where the theorem leads to an…

Probability · Mathematics 2022-02-24 Alexei Kulik

Markov chain approximations of symmetric jump processes are investigated. Tightness results and a central limit theorem are established. Moreover, given the generator of a symmetric jump process with state space $\mathbbm{R}^d$ the…

Probability · Mathematics 2007-05-23 R. Husseini , M. Kassmann

We investigate the Poisson regression method for Markov and semi-Markov jump processes from a nonparametric angle, allowing the lengths of the time and duration intervals in the partition to vary with the number of observations. Imposing no…

Statistics Theory · Mathematics 2026-05-06 Martin Bladt , Rasmus Frigaard Lemvig

We study the existence and uniqueness of solutions of 2D Stochastic Navier-Stokes equation with space irregular jump noise for initial data in certain Sobolev spaces of negative order. Comparing with the Galerkin approximation method, the…

Probability · Mathematics 2019-07-30 Jiahui Zhu , Zdzisław Brzeźniak , Wei Liu

We study the strong $L^p$-convergence rates of the Euler-Maruyama method for stochastic differential equations driven by Brownian motion with low-regularity drift coefficients. Specifically, the drift is assumed to be in the…

Probability · Mathematics 2025-08-15 Jinlong Wei , Junhao Hu , Guangying Lv , Chenggui Yuan

These lectures notes aim at introducing L\'{e}vy processes in an informal and intuitive way, accessible to non-specialists in the field. In the first part, we focus on the theory of L\'{e}vy processes. We analyze a `toy' example of a…

Pricing of Securities · Quantitative Finance 2008-12-02 Antonis Papapantoleon

We consider Neumann problem for linear elliptic equations involving integro-differential operators of Levy-type. We show that suitably defined viscosity solutions have probabilistic representations given in terms of the reflected stochastic…

Analysis of PDEs · Mathematics 2025-07-11 Andrzej Rozkosz , Leszek Slominski

We show existence of a unique solution and a comparison theorem for a one-dimensional backward stochastic differential equation with jumps that emerge from a L\'evy process. The considered generators obey a time-dependent extended…

Probability · Mathematics 2019-01-21 Christel Geiss , Alexander Steinicke

We prove a robust super-hedging duality result for path-dependent options on assets with jumps, in a continuous time setting. It requires that the collection of martingale measures is rich enough and that the payoff function satisfies some…

Optimization and Control · Mathematics 2020-04-24 Bruno Bouchard , Xiaolu Tan

For L\'evy processes with matrix-exponential negative jumps, the unified form of the Pollaczek-Khinchine formula is established.

Probability · Mathematics 2013-10-29 Dmytro Gusak , Ievgen Karnaukh

The work concerns multivalued McKean-Vlasov stochastic differential equations. First of all, we prove the existence and uniqueness of strong solutions for multivalued McKean-Vlasov stochastic differential equations with non-Lipschitz…

Probability · Mathematics 2024-01-02 Huijie Qiao , Jun Gong

In this paper, we study a subclass of piecewise-deterministic Markov processes with a Polish state space, involving deterministic motion punctuated by random jumps that occur at exponentially distributed time intervals. Over each of these…

Probability · Mathematics 2024-03-26 Dawid Czapla , Katarzyna Horbacz , Hanna Wojewódka-Ściążko

In this note, we give a necessary and sufficient condition under which the comparison theorem holds for multidimensional stochastic differential equations (SDEs) with jumps and for matrix-valued SDEs with jumps.

Probability · Mathematics 2010-06-09 Xuehong Zhu

We consider a general class of high order weak approximation schemes for stochastic differential equations driven by L\'evy processes with infinite activity. These schemes combine a compound Poisson approximation for the jump part of the…

Probability · Mathematics 2012-04-24 Arturo Kohatsu-Higa , Salvador Ortiz-Latorre , Peter Tankov
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