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It is shown that the ratio between the expected diameter of an L2-bounded martingale and the standard deviation of its last term cannot exceed sqrt(3). Moreover, a one-parameter family of stopping times on standard Brownian Motion is…

Probability · Mathematics 2008-07-24 Lester E. Dubins , David Gilat , Isaac Meilijson

The aim of this paper is to represent any continuous local martingale as an almost sure limit of a nested sequence of simple, symmetric random walks, time changed by a discrete quadratic variation process. One basis of this is a similar…

Probability · Mathematics 2010-08-10 Balazs Szekely , Tamas Szabados

Based on an optimal rate wavelet series representation, we derive a local modulus of continuity result with a refined almost sure upper bound for fractional Brownian motion. \sloppy The obtained upper bound of the small fractional Brownian…

Probability · Mathematics 2023-10-20 Qidi Peng , Nan Rao

We provide sharp bounds for the exponential moments and $p$-moments, $1\leqslant p \leqslant 2$, of the terminate distribution of a martingale whose square function is uniformly bounded by one. We introduce a Bellman function for the…

Probability · Mathematics 2022-08-09 Dmitriy Stolyarov , Vasily Vasyunin , Pavel Zatitskiy , Ilya Zlotnikov

Let $X$ be a supermartingale starting from $0$ which has only nonnegative jumps. For each $0<p<1$ we determine the best constants $c_p$, $C_p$ and $\mathfrak{c}_p$ such that $$ \,\,\,\,\sup_{t\geq 0}\left|\left|X_t\right|\right|_p\leq…

Probability · Mathematics 2013-12-19 Rodrigo Bañuelos , Adam Osekowski

This letter derives some new exponential bounds for discrete time, real valued, conditionally symmetric martingales with bounded jumps. The new bounds are extended to conditionally symmetric sub/ supermartingales, and they are compared to…

Probability · Mathematics 2013-05-02 Igal Sason

We prove a sharp asymptotic formula for the mean exit time from a bounded domain $D\subset \mathbb R^d$ for the overdamped Langevin dynamics $$d X_t = -\nabla f(X_t) d t + \sqrt{2\ve} \ d B_t$$ when $\ve \to 0$ and in the case when $D$…

Analysis of PDEs · Mathematics 2018-07-11 Boris Nectoux

An explicit formula for the probability that a continuous local martingale crosses a one or two-sided random constant boundary in a finite time interval is derived. We obtain that the boundary crossing probability of a continuous local…

Probability · Mathematics 2024-03-04 Yoann Potiron

Let $\{L^{x}_{t} ; (x,t)\in R^{1}\times R^{1}_{+}\}$ denote the local time of Brownian motion and \[ \alpha_{t}:=\int_{-\infty}^{\infty} (L^{x}_{t})^{2} dx . \] Let $\eta=N(0,1)$ be independent of $\alpha_{t}$. For each fixed $t$ \[…

Probability · Mathematics 2009-01-09 Xia Chen , Wenbo Li , Michael B. Marcus , Jay Rosen

Time estimation is a fundamental task that underpins precision measurement, global navigation systems, financial markets, and the organisation of everyday life. Many biological processes also depend on time estimation by nanoscale clocks,…

A fundamental question in rough path theory is whether the expected signature of a geometric rough path completely determines the law of signature. One sufficient condition is that the expected signature has infinite radius of convergence,…

Probability · Mathematics 2026-02-24 Siran Li , Hao Ni

The logarithmic correction for the order of the maximum for two-speed branching Brownian motion changes discontinuously when approaching slopes $\sigma_1^2=\sigma_2^2=1$ which corresponds to standard branching Brownian motion. In this…

Probability · Mathematics 2019-05-21 Anton Bovier , Lisa Hartung

In this paper we study the local times of Brownian motion from the point of view of algorithmic randomness. We introduce the notion of effective local time and show that any path which is Martin-L\"of random with respect to the Wiener…

Computational Complexity · Computer Science 2022-08-04 Willem Fouche , Safari Mukeru

The paper deals with the expected maxima of continuous Gaussian processes $X = (X_t)_{t\ge 0}$ that are H\"older continuous in $L_2$-norm and/or satisfy the opposite inequality for the $L_2$-norms of their increments. Examples of such…

Probability · Mathematics 2015-08-04 Konstantin Borovkov , Yuliya Mishura , Alexander Novikov , Mikhail Zhitlukhin

Results of P. Sj\"olin and F. Soria on the Schr\"odinger maximal operator with complex-valued time are improved by determining up to the endpoint the sharp $s \geq 0$ for which boundedness from the Sobolev space $H^s(\mathbb{R})$ into…

Analysis of PDEs · Mathematics 2013-03-21 Andrew D. Bailey

We study a notion of local time for a continuous path, defined as a limit of suitable discrete quantities along a general sequence of partitions of the time interval. Our approach subsumes other existing definitions and agrees with the…

Probability · Mathematics 2017-01-26 Mark Davis , Jan Obłój , Pietro Siorpaes

In this paper we derive the density $\varphi$ of the first time $T$ that a continuous martingale $M$ with non-random quadratic variation $<M>_\cdot:=\int_0^\cdot h^2(u)du$ hits a moving boundary $f$ which is twice continuously…

Probability · Mathematics 2009-05-14 Gerardo Hernandez-del-Valle

We find a simple expression for the probability density of $\int \exp (B_s - s/2) ds$ in terms of its distribution function and the distribution function for the time integral of $\exp (B_s + s/2)$. The relation is obtained with a change of…

Probability · Mathematics 2008-12-10 Victor Goodman , Kyounghee Kim

We consider certain one dimensional ordinary stochastic differential equations driven by additive Brownian motion of variance $\varepsilon ^2$. When $\varepsilon =0$ such equations have an unstable non-hyperbolic fixed point and the drift…

Probability · Mathematics 2015-09-30 Giambattista Giacomin , Mathieu Merle

Biggins [Uniform convergence of martingales in the branching random walk. {\em Ann. Probab.}, 20(1):137--151, 1992] proved local uniform convergence of additive martingales in $d$-dimensional supercritical branching random walks at complex…

Probability · Mathematics 2016-11-17 Konrad Kolesko , Matthias Meiners
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