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Under the key assumption of finite {\rho}-variation, {\rho}\in[1,2), of the covariance of the underlying Gaussian process, sharp a.s. convergence rates for approximations of Gaussian rough paths are established. When applied to Brownian…

Probability · Mathematics 2012-05-07 Peter Friz , Sebastian Riedel

Using rough path theory, we provide a pathwise foundation for stochastic It\^o integration, which covers most commonly applied trading strategies and mathematical models of financial markets, including those under Knightian uncertainty. To…

Probability · Mathematics 2024-01-04 Andrew L. Allan , Chong Liu , David J. Prömel

We study the Small Ball Probabilities (SBPs) of Gaussian rough paths. While many works on rough paths study the Large Deviations Principles (LDPs) for stochastic processes driven by Gaussian rough paths, it is a noticeable gap in the…

Probability · Mathematics 2021-10-05 William Salkeld

We consider equidistant approximations of stochastic integrals driven by H\"older continuous Gaussian processes of order $H>\frac12$ with discontinuous integrands involving bounded variation functions. We give exact rate of convergence in…

Probability · Mathematics 2022-09-15 Ehsan Azmoodeh , Pauliina Ilmonen , Nourhan Shafik , Tommi Sottinen , Lauri Viitasaari

Motivated by the need to develop a general framework for performing statistical inference for discretely observed random rough differential equations, our aim is to construct a geometric $p$-rough path ${\bf X}$ whose response $Y$, when…

Classical Analysis and ODEs · Mathematics 2026-03-30 Thomas Morrish , Theodore Papamarkou , Anastasia Papavasiliou , Yang Zhao

We introduce a canonical method for transforming a discrete sequential data set into an associated rough path made up of lead-lag increments. In particular, by sampling a $d$-dimensional continuous semimartingale $X:[0,1] \rightarrow…

Probability · Mathematics 2016-08-25 Guy Flint , Ben Hambly , Terry Lyons

Optimal sample path properties of stochastic processes often involve generalized H\"{o}lder- or variation norms. Following a classical result of Taylor, the exact variation of Brownian motion is measured in terms of $\psi (x) \equiv $…

Probability · Mathematics 2007-11-02 Peter Friz , Harald Oberhauser

We develop a general approach to Stein's method for approximating a random process in the path space $D([0,T]\to R^d)$ by a real continuous Gaussian process. We then use the approach in the context of processes that have a representation as…

Probability · Mathematics 2024-01-24 A. D. Barbour , Nathan Ross , Guangqu Zheng

We introduce a notion of rough paths on embedded submanifolds and demonstrate that this class of rough paths is natural. On the way we develop a notion of rough integration and an efficient and intrinsic theory of rough differential…

Probability · Mathematics 2017-05-17 Thomas Cass , Bruce K. Driver , Christian Litterer

Integrability properties of (classical, linear, linear growth) rough differential equations (RDEs) are considered, the Jacobian of the RDE flow driven by Gaussian signals being a motivating example. We revisit and extend some recent…

Probability · Mathematics 2012-03-09 Peter Friz , Sebastian Riedel

Approximations to the integral $\int_a^b\int_c^d f(x,y)\,dy\,dx$ are obtained under the assumption that the partial derivatives of the integrand are in an $L^p$ space, for some $1\leq p\leq\infty$. We assume ${\lVert f_{xy}\rVert}_p$ is…

Numerical Analysis · Mathematics 2019-05-16 Cameron Grant , Erik Talvila

We consider the rough differential equations driven by tempered fractional Brownian motion with Hurst index $H\in (\frac{1}{4}, \frac{1}{3})$ and tempered parameter $\lambda>0$. First, by means of piecewise linear approximation, we…

Dynamical Systems · Mathematics 2026-03-10 Lijuan Zhang , Jianhua Huang

We consider finite dimensional rough differential equations driven by centered Gaussian processes. Combining Malliavin calculus, rough paths techniques and interpolation inequalities, we establish upper bounds on the density of the…

Probability · Mathematics 2020-06-18 Benjamin Gess , Cheng Ouyang , Samy Tindel

We study controlled differential equations driven by a rough path (in the sense of T. Lyons) with an additional, possibly unbounded drift term. We show that the equation induces a solution flow if the drift grows at most linearly.…

Probability · Mathematics 2016-05-19 Sebastian Riedel , Michael Scheutzow

This paper deals with the minimization of large sum of convex functions by Inexact Newton (IN) methods employing subsampled functions, gradients and Hessian approximations. The Conjugate Gradient method is used to compute the inexact Newton…

Numerical Analysis · Mathematics 2018-11-15 Stefania Bellavia , Natasa Krejic , Natasa Krklec Jerinkic

The convergence of the first order Euler scheme and an approximative variant thereof, along with convergence rates, are established for rough differential equations driven by c\`adl\`ag paths satisfying a suitable criterion, namely the…

Probability · Mathematics 2025-09-16 Andrew L. Allan , Anna P. Kwossek , Chong Liu , David J. Prömel

We demonstrate how path integrals often used in problems of theoretical physics can be adapted to provide a machinery for performing Bayesian inference in function spaces. Such inference comes about naturally in the study of inverse…

Data Analysis, Statistics and Probability · Physics 2014-07-23 Joshua C Chang , Van Savage , Tom Chou

In this paper, we study two variations of the time discrete Taylor schemes for rough differential equations and for stochastic differential equations driven by fractional Brownian motions. One is the incomplete Taylor scheme which excludes…

Probability · Mathematics 2015-10-30 Yaozhong Hu , Yanghui Liu , David Nualart

We consider Riemann sum approximations of stochastic integrals with respect to the fractional Browian motion of index $H\geq \frac12$. We show the convergence of these schemes at first and second order. The processes obtained in the limit…

Probability · Mathematics 2021-12-20 Valentin Garino , Ivan Nourdin , Pierre Vallois

We develop a Fourier approach to rough path integration, based on the series decomposition of continuous functions in terms of Schauder functions. Our approach is rather elementary, the main ingredient being a simple commutator estimate,…

Probability · Mathematics 2014-10-16 Massimiliano Gubinelli , Peter Imkeller , Nicolas Perkowski