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The Bessel process with parameter $D>1$ and the Dyson model of interacting Brownian motions with coupling constant $\beta >0$ are extended to the processes in which the drift term and the interaction terms are given by the logarithmic…

Probability · Mathematics 2016-10-11 Makoto Katori

We derive a moment formula for generalized fractional polynomial processes, i.e., for polynomial-preserving Markov processes time-changed by an inverse L\'evy-subordinator. If the time change is inverse $\alpha$-stable, the time-derivative…

Probability · Mathematics 2026-02-27 Johannes Assefa , Martin Keller-Ressel

We develop a method to approximate the moments of a discrete-time stochastic polynomial system. Our method is built upon Carleman linearization with truncation. Specifically, we take a stochastic polynomial system with finitely many states…

Systems and Control · Electrical Eng. & Systems 2023-07-11 Sasinee Pruekprasert , Jérémy Dubut , Toru Takisaka , Clovis Eberhart , Ahmet Cetinkaya

This paper considers binomial approximation of continuous time stochastic processes. It is shown that, under some mild integrability conditions, a process can be approximated in mean square sense and in other strong metrics by binomial…

Computational Finance · Quantitative Finance 2015-02-09 Nikolai Dokuchaev

We solve infinite-dimensional stochastic differential equations (ISDEs) describing an infinite number of Brownian particles interacting via two-dimensional Coulomb potentials. The equilibrium states of the associated unlabeled stochastic…

Probability · Mathematics 2011-02-08 Hirofumi Osada

Our goal of this note is to give an easy proof that spaces of predictable processes with values in a Banach space are isomorphic to spaces of progressive resp. adapted, measurable processes. This provides a straightforward extension of the…

Probability · Mathematics 2025-11-21 Barbara Rüdiger , Stefan Tappe

Assume that $X$ is a continuous square integrable process with zero mean, defined on some probability space $(\Omega,\mathrm {F},\mathrm {P})$. The classical characterization due to P. L\'{e}vy says that $X$ is a Brownian motion if and only…

Probability · Mathematics 2011-03-15 Yuliya Mishura , Esko Valkeila

In this paper, we introduce branching processes in a L\'evy random environment. In order to define this class of processes, we study a particular class of non-negative stochastic differential equations driven by Brownian motions and Poisson…

Probability · Mathematics 2016-07-13 S. Palau , J. C. Pardo

We study non-linear Backward Stochastic Differential Equations (BSDEs) driven by a Brownian motion and p default martingales. The driver of the BSDE with multiple default jumps can take a generalized form involving an optional finite…

Mathematical Finance · Quantitative Finance 2026-01-06 Miryana Grigorova , James Wheeldon

In the present manuscript we consider the Boltzmann equation that models a polyatomic gas by introducing one additional continuous variable, referred to as microscopic internal energy. We establish existence and uniqueness theory in the…

Mathematical Physics · Physics 2020-08-19 Irene M. Gamba , Milana Pavić-Čolić

The purpose of this paper is to study some new concrete approximation processes for continuous vector-valued mappings defined on the infinite dimensional cube or on a subset of a real Hilbert space. In both cases these operators are…

Functional Analysis · Mathematics 2010-05-27 Lorenzo D'Ambrosio

It is well-known from the work of Kupper and Schachermayer that most law-invariant risk measures do not admit a time-consistent representation. In this work we show that in a Brownian filtration the "Optimized Certainty Equivalent" risk…

Optimization and Control · Mathematics 2017-10-02 Julio Backhoff Veraguas , Ludovic Tangpi

This thesis presents a formalization of martingales in arbitrary Banach spaces using Isabelle/HOL. We begin by examining formalizations in prominent proof repositories and extend the definition of the conditional expectation operator from…

Logic in Computer Science · Computer Science 2023-11-13 Ata Keskin

This article develops a general framework for Laplace duality between positive Markov processes in which the one-dimensional Laplace transform of one process can be represented through that of another. We show that a process admits a…

Probability · Mathematics 2026-04-14 Clément Foucart , Matija Vidmar

We propose a structured prior for high-dimensional Bayesian inverse problems based on a disentangled deep generative model whose latent space is partitioned into auxiliary variables aligned with known and interpretable physical parameters…

Computation · Statistics 2026-04-03 Arkaprabha Ganguli , Emil Constantinescu

We generalize the Gr\"obner basis method for free D-modules to the case of several term orderings induced by a partition of the set of basic variables. Using this generalized Gr\"obner basis technique we prove the existence and give a…

Commutative Algebra · Mathematics 2024-04-03 Alexander Levin

The kinetic Brownian motion on the cosphere bundle of a Riemannian manifold $\mathbb{M}$ is a stochastic process that models the geodesic equation perturbed by a random white force of size $\varepsilon$. When $\mathbb{M}$ is compact with…

Dynamical Systems · Mathematics 2016-10-26 Alexis Drouot

Explicit solutions for a class of linear backward stochastic differential equations (BSDE) driven by Gaussian Volterra processes are given. These processes include the multifractional brownian motion and the multifractional…

Probability · Mathematics 2019-12-03 Habiba Knani , Marco Dozzi

The paper gives a new representation for the fractional Brownian motion that can be applied to simulate this self-similar random process in continuous time. Such a representation is based on the spectral form of mathematical description and…

Probability · Mathematics 2025-01-28 Konstantin A. Rybakov

We consider the orthogonalisation of the signature of a stochastic process as the analogue of orthogonal polynomials on path-space. Under an infinite radius of convergence assumption, we prove density of linear functions on the signature in…

Probability · Mathematics 2026-02-24 Ilya Chevyrev , Emilio Ferrucci , Darrick Lee , Terry Lyons , Harald Oberhauser , Nikolas Tapia