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We establish convergence to an invariant measure as time tends to infinity, for a large class of (possibly non-Markovian) stochastic volatility models. Our arguments are based on a novel coupling idea for Markov chains which also extends to…

Probability · Mathematics 2021-08-30 Balázs Gerencsér , Miklós Rásonyi

We consider a diffusion $(\xi_t)_{t\ge 0}$ with some $T$-periodic time dependent input term contained in the drift: under an unknown parameter $\vth\in\Theta$, some discontinuity - an additional periodic signal - occurs at times…

Statistics Theory · Mathematics 2010-03-18 Reinhard Hoepfner , Yury Kutoyants

The concept of a local infimum for an optimal control problem is introduced. This definition extends that of an optimal process. For a~local infimum we prove an existence theorem and derive necessary conditions that resemble some family of…

Optimization and Control · Mathematics 2019-06-21 Evgeny Avakov , Georgii Magaril-Il'yaev

The phenomenon of local dynamical inhomogeneity of time is predicted, which implies that the course of time along the trajectory of motion of a particle in the inertial reference frames moving relative to each other depends on the state of…

Quantum Physics · Physics 2007-05-23 V. P. Oleinik , Yu. C. Borimsky , Yu. D. Arepjev

We obtain a strong renewal theorem with infinite mean beyond regular variation, when the underlying distribution belongs to the domain of geometric partial attraction a semistable law with index $\alpha\in (1/2,1]$. In the process we obtain…

Probability · Mathematics 2021-02-15 Peter Kevei , Dalia Terhesiu

In this paper, we consider certain linear-fractional branching processes with immigration in varying environments. For $n\ge0,$ let $Z_n$ counts the number of individuals of the $n$-th generation, which excludes the immigrant which enters…

Probability · Mathematics 2024-11-27 Baozhi Li , Hongyan Sun , Hua-Ming Wang

We study i.i.d. sums $\tau_k$ of nonnegative variables with index $0$: this means $\mathbf{P}(\tau_1=n) = \varphi(n) n^{-1}$, with $\varphi(\cdot)$ slowly varying, so that $\mathbf{E}(\tau_1^\varepsilon)=\infty$ for all $\varepsilon>0$. We…

Probability · Mathematics 2016-11-08 Kenneth S. Alexander , Quentin Berger

The work [8] established memory loss in the time-dependent (non-random) case of uniformly expanding maps of the interval. Here we find conditions under which we have convergence to the normal distribution of the appropriately scaled…

Dynamical Systems · Mathematics 2016-03-25 Peter Nandori , Domokos Szasz , Tamas Varju

We investigate the existence and regularity of the local times of the solution to a linear system of stochastic wave equations driven by a Gaussian noise that is fractional in time and colored in space. Using Fourier analytic methods, we…

Probability · Mathematics 2021-05-12 Cheuk Yin Lee

We provide a framework for empirical process theory of locally stationary processes using the functional dependence measure. Our results extend known results for stationary Markov chains and mixing sequences by another common possibility to…

Statistics Theory · Mathematics 2021-08-20 Nathawut Phandoidaen , Stefan Richter

This paper revisits the definition of linear time-invariant (LTI) stochastic process within a behavioral systems framework. Building on [Willems, 2013], we derive a canonical representation of an LTI stochastic process and a physically…

Systems and Control · Computer Science 2017-04-10 Giacomo Baggio , Rodolphe Sepulchre

Random walks in random scenery are processes defined by $Z_n:=\sum_{k=1}^n\xi_{X_1+...+X_k}$, where basically $(X_k,k\ge 1)$ and $(\xi_y,y\in\mathbb Z)$ are two independent sequences of i.i.d. random variables. We assume here that $X_1$ is…

Probability · Mathematics 2012-02-16 Fabienne Castell , Nadine Guillotin--Plantard , Françoise Pène , Bruno Schapira

Let $\{B(t), t \geq 0\}$ be a standard Brownian motion in $\mathbb{R}$. Let $T$ be the first return time to 0 after hitting 1, and $\{L(T,x), x \in \mathbb{R}\}$ be the local time process at time $T$ and level $x$. The distribution of…

Probability · Mathematics 2014-10-20 Krishna B. Athreya , Raoul Normand , Vivekananda Roy , Sheng-Jhih Wu

It is argued that the `problem of time' in quantum gravity necessitates a refinement of the local inertial structure of the world, demanding a replacement of the usual Minkowski line element by a 4+2n dimensional pseudo-Euclidean line…

General Relativity and Quantum Cosmology · Physics 2009-11-10 Joy Christian

Given a random time, we characterize the set of martingales for which the stopping theorems still hold. We also investigate how the stopping theorems are modified when we consider arbitrary random times. To this end, we introduce some…

Probability · Mathematics 2007-08-03 Ashkan Nikeghbali

Consider a system governed by the time-dependent Schr\"odinger equation in its ground state. When subjected to weak (size $\epsilon$) parametric forcing by an "ionizing field" (time-varying), the state decays with advancing time due to…

Analysis of PDEs · Mathematics 2014-05-21 Braxton Osting , Michael I. Weinstein

We study a random walk in a random environment (RWRE) on $\Z^d$, $1 \leq d < +\infty$. The main assumptions are that conditionned on the environment the random walk is reversible. Moreover we construct our environment in such a way that the…

Probability · Mathematics 2009-03-17 Pierre Andreoletti

The effective approach to quantum dynamics allows a reformulation of the Dirac quantization procedure for constrained systems in terms of an infinite-dimensional constrained system of classical type. For semiclassical approximations, the…

General Relativity and Quantum Cosmology · Physics 2011-07-20 Martin Bojowald , Philipp A Hoehn , Artur Tsobanjan

The apparent times and positions of moving clocks as predicted by both `non-local' and `local' Lorentz Transformations are considered. Only local transformations respect translational invariance. Such transformations change temporal but not…

General Physics · Physics 2011-11-10 J. H. Field

Local action principles on a manifold $\M$ are invariant (if at all) only under diffeomorphisms that preserve the boundary of $\M$. Suppose, however, that we wish to study only part of a system described by such a principle; namely, the…

General Relativity and Quantum Cosmology · Physics 2009-10-22 Donald Marolf