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A multivariate fractional Brownian motion (mfBm) with component-wise Hurst exponents is used to model and forecast realized volatility. We investigate the interplay between correlation coefficients and Hurst exponents and propose a novel…

Statistical Finance · Quantitative Finance 2025-04-23 Markus Bibinger , Jun Yu , Chen Zhang

We consider stochastic integration with respect to fractional Brownian motion (fBm) with $H < 1/2$. The integral is constructed as the limit, where it exists, of a sequence of Riemann sums. A theorem by Gradinaru, Nourdin, Russo & Vallois…

Probability · Mathematics 2015-11-17 Daniel Harnett , David Nualart

Brownian motion and viscoelasticity of semiflexible polymers is a subject that has been studied for many years. Still, rigorous analysis has been hindered due to the difficulty in handling the constraint that polymer chains cannot be…

Soft Condensed Matter · Physics 2024-05-22 Zhongqiang Xiong , Ryohei Seto , Masao Doi

The model of Brownian Percolation has been introduced as an approximation of discrete last-passage percolation models close to the axis. It allowed to compute some explicit limits and prove fluctuation theorems for these, based on the…

Probability · Mathematics 2010-09-29 Gregorio R. Moreno Flores

We characterize the multifractal behavior of Brownian motion in the vicinity of an absorbing star polymer. We map the problem to an O(M)-symmetric phi^4-field theory relating higher moments of the Laplacian field of Brownian motion to…

Condensed Matter · Physics 2016-08-31 Christian von Ferber , Yurij Holovatch

Instantaneous volatility of logarithmic return in the lognormal fractional SABR model is driven by the exponentiation of a correlated fractional Brownian motion. Due to the mixed nature of driving Brownian and fractional Brownian motions,…

Computational Finance · Quantitative Finance 2019-01-09 Jiro Akahori , Xiaoming Song , Tai-Ho Wang

There is much confusion in the literature over Hurst exponents. Recently, we took a step in the direction of eliminating some of the confusion. One purpose of this paper is to illustrate the difference between fBm on the one hand and…

Statistical Mechanics · Physics 2015-06-25 Joseph L. McCauley , Gemunu H. Gunaratne , Kevin E. Bassler

It is well-known under the name of `periodic homogenization' that, under a centering condition of the drift, a periodic diffusion process on R^d converges, under diffusive rescaling, to a d-dimensional Brownian motion. Existing proofs of…

Probability · Mathematics 2014-09-22 Martin Hairer , Etienne Pardoux

We study the pathwise regularity of the map $$ \phi \mapsto I(\phi) = \int_0^T < \phi(X_t), dX_t>$$ where $\phi$ is a vector function on $\R^d$ belonging to some Banach space $V$, $X$ is a stochastic process and the integral is some version…

Probability · Mathematics 2007-05-23 Franco Flandoli , Massimiliano Gubinelli , Francesco Russo

Physisorption or chemisorption from dilute polymer solutions often entails irreversible polymer-surface bonding. We present a theory of the non-equilibrium layers which result. While the density profile and loop distribution are the same as…

Soft Condensed Matter · Physics 2009-11-07 Ben O'Shaughnessy , Dimitrios Vavylonis

This paper presents new results on the Edgeworth expansion for high frequency functionals of continuous diffusion processes. We derive asymptotic expansions for weighted functionals of the Brownian motion and apply them to provide the…

Probability · Mathematics 2013-09-10 Mark Podolskij , Nakahiro Yoshida

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

In this note we prove the existence of a density for the law of the solution for 1-dimensional stochastic delay differential equations with normal reflection. The equations are driven by a fractional Brownian motion with Hurst parameter $H…

Probability · Mathematics 2023-02-09 Mireia Besalú , David Márquez-Carreras , Carles Rovira

We construct magnetostatic models of coronal loops in which the thermodynamics of the loop is fully consistent with the shape and geometry of the loop. This is achieved by treating the loop as a thin, compact, magnetic fibril that is a…

Solar and Stellar Astrophysics · Physics 2015-06-16 Bradley W. Hindman , Rekha Jain

While the theory of diffusion of a single Brownian particle in confined geometries is well-established by now, we discuss here the theoretical framework necessary to generalize the theory of diffusion to dense suspensions of strongly…

Soft Condensed Matter · Physics 2014-12-18 H. Löwen , M. Heinen

We consider a spring-block model with both dry and viscous frictions, subjected to a periodic driving allowing mechanically stable configurations to be sampled. We show that under strong driving, the scaling of the correlation length with…

Statistical Mechanics · Physics 2017-03-29 Giacomo Gradenigo , Eric Bertin

Classical diffusion in a random medium involves an exponential functional of Brownian motion. This functional also appears in the study of Brownian diffusion on a Riemann surface of constant negative curvature. We analyse in detail this…

Condensed Matter · Physics 2016-08-31 Alain COMTET , Cecile MONTHUS

We show that the longitudinal position $x(t)$ of a particle in a $(d+1)$-dimensional layered random velocity field (the Matheron-de Marsily model) can be identified as a fractional Brownian motion (fBm) characterized by a variable Hurst…

Statistical Mechanics · Physics 2009-11-10 Satya N. Majumdar

We build and study a data-driven procedure for the estimation of the stationary density f of an additive fractional SDE. To this end, we also prove some new concentrations bounds for discrete observations of such dynamics in stationary…

Probability · Mathematics 2020-03-12 Karine Bertin , Nicolas Klutchnikoff , Fabien Panloup , Maylis Varvenne

We consider the active Brownian particle (ABP) model for a two-dimensional microswimmer with fixed speed, whose direction of swimming changes according to a Brownian process. The probability density for the swimmer evolves according to a…

Soft Condensed Matter · Physics 2021-07-01 Hongfei Chen , Jean-Luc Thiffeault