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In this paper we study the class of backward doubly stochastic differential equations (BDSDEs, for short) whose terminal value depends on the history of forward diffusion. We first establish a probabilistic representation for the spatial…

Probability · Mathematics 2008-11-12 Auguste Aman

We present a multifractal formalism for measures on infinite dimensional metric spaces, in terms of scales instead of dimensions in the classical multifractal analysis. We prove a multifractal formalism with a suitable scaling, called…

Probability · Mathematics 2026-02-16 Aihua Fan , Mathieu Helfter

Multivariate orthogonal polynomials can be introduced by using a moment functional defined on the linear space of polynomials in several variables with real coefficients. We study the so-called Uvarov and Christoffel modifications obtained…

Classical Analysis and ODEs · Mathematics 2016-09-13 Antonia M. Delgado , Lidia Fernández , Teresa E. Pérez , Miguel A. Piñar

We derive a semi-analytic formula for the transition probability of three-dimensional Brownian motion in the positive octant with absorption at the boundaries. Separation of variables in spherical coordinates leads to an eigenvalue problem…

Computational Finance · Quantitative Finance 2018-05-24 Vadim Kaushansky , Alexander Lipton , Christoph Reisinger

We obtain approximation results for general positive linear operators satisfying mild conditions, when acting on discontinuous functions and absolutely continuous functions having discontinuous derivatives. The upper bounds, given in terms…

Probability · Mathematics 2024-10-29 José A. Adell , P. Garrancho , F. J. Martínez-Sánchez

We consider the stochastic integrals of multivariate point processes and study their concentration phenomena. In particular, we obtain a Bernstein type of concentration inequality through Dol\'eans-Dade exponential formula and a uniform…

Probability · Mathematics 2017-03-24 Hanchao Wang , Zhengyan Lin , Zhonggen Su

This work shows how exponential concentration inequalities for additive functionals of stochastic processes over a finite time interval can be derived from concentration inequalities for martingales. The approach is entirely probabilistic…

Probability · Mathematics 2020-07-14 Bob Pepin

We solve the infinite-dimensional stochastic differential equations (ISDEs) describing an infinite number of Brownian particles in $ \mathbb{R}^+$ interacting through the two-dimensional Coulomb potential. The equilibrium states of the…

Probability · Mathematics 2015-05-12 Ryuich Honda , Hirofumi Osada

A stochastic sewing lemma which is applicable for processes taking values in Banach spaces is introduced. Applications to additive functionals of fractional Brownian motion of distributional type are discussed.

Probability · Mathematics 2022-01-11 Khoa Lê

We consider stochastic dynamic programming problems with high-dimensional, discrete state-spaces and finite, discrete-time horizons that prohibit direct computation of the value function from a given Bellman equation for all states and time…

Optimization and Control · Mathematics 2020-06-05 Denis Lebedev , Paul Goulart , Kostas Margellos

An infinite system of point particles placed in $\mathds{R}^d$ is studied. The particles are of two types; they perform random walks in the course of which those of distinct types repel each other. The interaction of this kind induces an…

Probability · Mathematics 2022-07-18 Yuri Kozitsky , Michael Röckner

In this paper we introduce a general stochastic representation for an important class of processes with resetting. It allows to describe any stochastic process intermittently terminated and restarted from a predefined random or non-random…

Probability · Mathematics 2023-10-11 Marcin Magdziarz , Kacper Taźbierski

We consider a stochastic volatility model where the dynamics of the volatility are given by a possibly infinite linear combination of the elements of the time extended signature of a Brownian motion. First, we show that the model is…

Pricing of Securities · Quantitative Finance 2025-06-03 Eduardo Abi Jaber , Louis-Amand Gérard

The present paper continues the study of infinite dimensional calculus via regularization, started by C. Di Girolami and the second named author, introducing the notion of "weak Dirichlet process" in this context. Such a process $\X$,…

Probability · Mathematics 2016-06-14 Giorgio Fabbri , Francesco Russo

In the context of Markov processes, we show a new scheme to derive dual processes and a duality function based on a boson representation. This scheme is applicable to a case in which a generator is expressed by boson creation and…

Statistical Mechanics · Physics 2015-05-14 Jun Ohkubo

In this note, we study the infinite-dimensional conditional laws of Brownian semistationary processes. Motivated by the fact that these processes are typically not semimartingales, we present sufficient conditions ensuring that a Brownian…

Probability · Mathematics 2011-09-20 Mikko S. Pakkanen

The structure of filtered algebras of Grothendieck's differential operators of truncated polynomials in one variable and graded Poisson algebras of their principal symbols is explicitly determined. A related infinitesimal-birational duality…

Algebraic Geometry · Mathematics 2007-05-23 Tomasz Maszczyk

We analyze and partially solve system of recurrences that can be derived from the properties of martingale orthogonal polynomials that characterize quadratic harnesses (QH). We also specify conditions for the existence of moments of one…

Probability · Mathematics 2013-12-18 Paweł J. Szabłowski

Since the introduction of Dyson's Brownian motion in early 1960's, there have been a lot of developments in the investigation of stochastic processes on the space of Hermitian matrices. Their properties, especially, the properties of their…

Probability · Mathematics 2021-09-28 Jian Song , Jianfeng Yao , Wangjun Yuan

Given a mild solution $X$ to a semilinear stochastic partial differential equation (SPDE), we consider an exponential change of measure based on its infinitesimal generator $L$, defined in the topology of bounded pointwise convergence. The…

Probability · Mathematics 2025-02-28 Thorben Pieper-Sethmacher , Frank van der Meulen , Aad van der Vaart
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