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In the present work, we consider spectrally positive L\'evy processes $(X_t,t\geq0)$ not drifting to $+\infty$ and we are interested in conditioning these processes to reach arbitrarily large heights (in the sense of the height process…

Probability · Mathematics 2012-03-21 Mathieu Richard

Let $Z=(Z_t)_{t\geq0}$ be an additive process with a bounded triplet $(0,0,\Lambda_t)_{t\geq0}$. Suppose that for any Schwartz function $\varphi$ on $\mathbb{R}^d$ whose Fourier transform is in $C_c^{\infty}(B_{c_s} \setminus B_{c_s^{-1}}…

Probability · Mathematics 2023-02-06 Jae-Hwan Choi , Ildoo Kim

By killing a stable L\'{e}vy process when it leaves the positive half-line, or by conditioning it to stay positive, or by conditioning it to hit 0 continuously, we obtain three different positive self-similar Markov processes which…

Probability · Mathematics 2016-08-16 Maria Emilia Caballero , Loïc Chaumont

We prove a theorem on additive Levy processes and give applications

Probability · Mathematics 2007-07-13 Ming Yang

Amplitudes $A_n$ in $d$-dimensional scalar field theory are generated, to all orders in the coupling constant and at $n$-point. The amplitudes are expressed as a series in the mass $m$ and coupling $\lambda$. The inputs are the classical…

General Physics · Physics 2007-05-23 Gordon Chalmers

We propose here a new symplectic quantization scheme, where quantum fluctuations of a scalar field theory stem from two main assumptions: relativistic invariance and equiprobability of the field configurations with identical value of the…

General Relativity and Quantum Cosmology · Physics 2021-06-03 Giacomo Gradenigo , Roberto Livi

Price fluctuations in financial markets can be characterized by L\'evy's stable distribution, which is supported by the generalized central limit system. When the stable parameters were estimated from four different stock markets in long…

Statistical Finance · Quantitative Finance 2018-02-21 Takumi Fukunaga , Ken Umeno

The fluctuations of the current for the one-dimensional totally asymmetric exclusion process with $L$ sites are studied in the relaxation regime of times $T\sim L^{3/2}$. Using Bethe ansatz for the periodic system with an evolution…

Statistical Mechanics · Physics 2015-01-22 Sylvain Prolhac

We study the distribution of the area under the normalized excursion of a spectrally positive stable L{\'e}vy process L, as well as the area under its meander, and under L conditioned to stay positive. Our results involve a special case of…

Probability · Mathematics 2020-09-04 Christophe Profeta

We construct a modified continuous-state branching process whose Malthusian parameter is replaced by another when passing below a certain level. The construction is obtained via a Lamperti-like transform applied to a refracted L\'evy…

Probability · Mathematics 2016-12-01 Antonio Murillo-Salas , José Luis Pérez , Arno Siri-Jégousse

Consider a one dimensional critical branching L\'{e}vy process $((Z_t)_{t\geq 0}, \mathbb {P}_x)$. Assume that the offspring distribution either has finite second moment or belongs to the domain of attraction to some $\alpha$-stable…

Probability · Mathematics 2024-10-15 Haojie Hou , Yan-Xia Ren , Renming Song

The purpose of this note is to describe, in terms of a power series, the distribution function of the exponential functional, taken at some independent exponential time, of a spectrally negative L\'evy process \xi with unbounded variation.…

Probability · Mathematics 2009-04-22 Pierre Patie

We consider a dynamical system which has a stable attractor and which is perturbed by an additive noise. Under some quite typical conditions, the fluctuations from the attractor are intermittent and have a probability distribution with…

Chaotic Dynamics · Physics 2015-02-23 Michael Wilkinson , Robin Guichardaz , Marc Pradas , Alain Pumir

Nonlinear conservation laws driven by L\'evy processes have solutions which, in the case of supercritical nonlinearities, have an asymptotic behavior dictated by the solutions of the linearized equations. Thus the explicit representation of…

Mathematical Physics · Physics 2015-10-09 K. Górska , W. A. Woyczynski

A multitype continuous-state branching process (MCSBP) ${\rm Z}=({\rm Z}_{t})_{t\geq 0}$, is a Markov process with values in $[0,\infty)^{d}$ that satisfies the branching property. Its distribution is characterised by its branching…

Probability · Mathematics 2021-09-08 Loïc Chaumont , Marine Marolleau

A L\'evy processes resurrected in the positive half-line is a Markov process obtained by removing successively all jumps that make it negative. A natural question, given this construction, is whether the resulting process is absorbed at 0…

Probability · Mathematics 2024-09-26 María Emilia Caballero , Loïc Chaumont , Víctor Rivero

A microscopic model of interacting oscillators, which admits two conserved quantities, volume, and energy, is investigated. We begin with a system driven by a general nonlinear potential under high-temperature regime by taking the inverse…

Probability · Mathematics 2023-08-15 Patrícia Gonçalves , Kohei Hayashi

This article establishes a universal robust limit theorem under a sublinear expectation framework. Under moment and consistency conditions, we show that, for $\alpha \in(1,2)$, the i.i.d. sequence \[ \left \{ \left(…

Probability · Mathematics 2022-10-31 Mingshang Hu , Lianzi Jiang , Gechun Liang , Shige Peng

We consider some special classes of L\'evy processes with no gaussian component whose L\'evy measure is of the type $\pi(dx)=e^{\gamma x}\nu(e^x-1) dx$, where $\nu$ is the density of the stable L\'evy measure and $\gamma$ is a positive…

Probability · Mathematics 2007-08-20 Loic Chaumont , Andreas Kyprianou , Juan Carlos Pardo Millan

This paper investigates asymptotic properties of multifractal products of random fields. The obtained limit theorems provide sufficient conditions for the convergence of cumulative fields in the spaces $L_q.$ New results on the rate of…

Probability · Mathematics 2022-02-08 Illia Donhauzer , Andriy Olenko