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We introduce a framework that allows to employ (non-negative) measure-valued processes for energy market modeling, in particular for electricity and gas futures. Interpreting the process' spatial structure as time to maturity, we show how…

Mathematical Finance · Quantitative Finance 2022-10-19 Christa Cuchiero , Luca Di Persio , Francesco Guida , Sara Svaluto-Ferro

In this survey article we discuss a framework of noncommutative geometry with differential graded categories as models for spaces. We outline a construction of the category of noncommutative spaces and also include a discussion on…

Algebraic Geometry · Mathematics 2017-04-04 Snigdhayan Mahanta

The use of stochastic models, in effect piecewise deterministic Markov processes (PDMP), has become increasingly popular especially for the modeling of chemical reactions and cell biophysics. Yet, exact simulation methods, for the…

Numerical Analysis · Mathematics 2015-04-28 Romain Veltz

In this paper, we review and compare some geometric frameworks for dissipation in non-equilibrium thermodynamics. We start with a brief overview of classical irreversible thermodynamics and gradient dynamics. Then we discuss several…

Statistical Mechanics · Physics 2026-03-09 Miroslav Grmela , Michal Pavelka

Enabled by rapidly developing quantum technologies, it is possible to network quantum systems at a much larger scale in the near future. To deal with non-Markovian dynamics that is prevalent in solid-state devices, we propose a general…

Quantum Physics · Physics 2014-12-18 Re-Bing Wu , Jing Zhang , Yu-xi Liu , Tzyh-Jong Tarn

In this paper, we consider a system of balance laws sufficiently general to contain the equations describing the thermomechanics of a one-dimensional continuum; this system involves some constitutive functions depending on the elements of…

Mathematical Physics · Physics 2021-08-09 Matteo Gorgone , Francesco Oliveri , Patrizia Rogolino

We consider a class of continuous time Markov chains on a compact metric space that admit an invariant measure strictly positive on open sets together with absorbing states. We prove the joint large deviation principle for the empirical…

Probability · Mathematics 2015-12-04 Giada Basile , Lorenzo Bertini

We introduce a class of unconditionally energy stable, high order accurate schemes for gradient flows in a very general setting. The new schemes are a high order analogue of the minimizing movements approach for generating a time discrete…

Numerical Analysis · Mathematics 2020-02-11 Alexander Zaitzeff , Selim Esedoglu , Krishna Garikipati

We introduce action-driven flows for causal variational principles, being a class of non-convex variational problems emanating from applications in fundamental physics. In the compact setting, H\"older continuous curves of measures are…

Mathematical Physics · Physics 2026-05-27 Felix Finster , Franz Gmeineder

FlowClass.jl is a Julia package for classifying continuous-time dynamical systems into a hierarchy of structural classes: Gradient, Gradient-like, Morse-Smale, Structurally Stable, and General. Given a vector field…

Dynamical Systems · Mathematics 2025-12-16 Michael P. H. Stumpf

A parabolic system of three unknown functions, not expressible as gradient flows, is treated as three coupled gradient flows. For each unknown function, the minimizing movement scheme is used to construct a time-discrete approximate…

Analysis of PDEs · Mathematics 2024-06-21 Yoshifumi Mimura

Fluid approximations have seen great success in approximating the macro-scale behaviour of Markov systems with a large number of discrete states. However, these methods rely on the continuous-time Markov chain (CTMC) having a particular…

Systems and Control · Electrical Eng. & Systems 2019-10-29 Michalis Michaelides , Jane Hillston , Guido Sanguinetti

We study a class of ergodic quantum Markov semigroups on finite-dimensional unital $C^*$-algebras. These semigroups have a unique stationary state $\sigma$, and we are concerned with those that satisfy a quantum detailed balance condition…

Operator Algebras · Mathematics 2017-04-27 Eric A. Carlen , Jan Maas

We prove It{\^o}'s formula for the flow of measures associated with a jump process defined by a drift, an integral with respect to a Poisson random measure and with respect to the associated compensated Poisson random measure. We work in…

Probability · Mathematics 2022-11-30 Thomas Cavallazzi

In this paper we prove a version of the Berman-Konsowa principle for reversible Markov jump processes on Polish spaces. The Berman-Konsowa principle provides a variational formula for the capacity of a pair of disjoint measurable sets.…

Probability · Mathematics 2016-11-08 F. den Hollander , S. Jansen

We show the variational convergence of an irreversible Markov jump process describing a finite stochastic particle system to the solution of a countable infinite system of deterministic time-inhomogeneous quadratic differential equations…

Analysis of PDEs · Mathematics 2025-07-08 Jasper Hoeksema , Chun Yin Lam , André Schlichting

Switching dynamical systems provide a powerful, interpretable modeling framework for inference in time-series data in, e.g., the natural sciences or engineering applications. Since many areas, such as biology or discrete-event systems, are…

Machine Learning · Computer Science 2021-09-30 Lukas Köhs , Bastian Alt , Heinz Koeppl

We consider quantum nonlinear systems with dissipation described within the Caldeira-Leggett model, i.e., by a nonlocal action in the path integral for the density matrix. Approximate classical-like formulas are derived in order to evaluate…

Statistical Mechanics · Physics 2007-05-23 A. Cuccoli , A. Fubini , A. Rossi , V. Tognetti , R. Vaia

The study of time-inhomogeneous Markov jump processes is a traditional topic within probability theory that has recently attracted substantial attention in various applications. However, their flexibility also incurs a substantial…

Probability · Mathematics 2023-11-03 Martin Bladt , Oscar Peralta

Modern methods of simulating molecular systems are based on the mathematical theory of Markov operators with a focus on autonomous equilibrated systems. However, non-autonomous physical systems or non-autonomous simulation processes are…

Probability · Mathematics 2020-11-09 Alexander Sikorski , Marcus Weber , Christof Schütte