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Related papers: Diffusion Limit of Poisson Limit-Order Book Models

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In the present paper, we study the diffusion limit of the classical solution to the Vlasov-Poisson-Fokker-Planck (VPFP) system with initial data near a global Maxwellian. We prove the convergence and establish the optimal convergence rate…

Analysis of PDEs · Mathematics 2022-08-09 Mingying Zhong

We study the generalized $n$ component model of a driven diffusive system with annealed random drive in the large $n$ limit. This non-equilibrium model also describes conserved order parameter dynamics of an equilibrium model of…

Statistical Mechanics · Physics 2009-10-31 Sutapa Mukherji

We provide an explicit rigorous derivation of a diffusion limit - a stochastic differential equation with additive noise - from a deterministic skew-product flow. This flow is assumed to exhibit time-scale separation and has the form of a…

Dynamical Systems · Mathematics 2015-05-27 I. Melbourne , A. M. Stuart

In this article a fractional cross-diffusion system is derived as the rigorous many-particle limit of a multi-species system of moderately interacting particles that is driven by L\'{e}vy noise. The form of the mutual interaction is…

Analysis of PDEs · Mathematics 2021-12-08 Esther S. Daus , Mariya Ptashnyk , Claudia Raithel

We provide, in a general setting, explicit solutions for optimal stopping problems that involve a diffusion process and its running maximum. Besides, a new feature includes absorbing boundaries that vary with the value of the running…

Optimization and Control · Mathematics 2016-02-16 Masahiko Egami , Tadao Oryu

We study the asymptotic behavior of the maximum interpoint distance of random points in a $d$-dimensional set with a unique diameter and a smooth boundary at the poles. Instead of investigating only a fixed number of $n$ points as $n$ tends…

Probability · Mathematics 2017-09-13 Michael Schrempp

In the spirit of the macroscopic crowd motion models with hard congestion (i.e. a strong density constraint $\rho\leq 1$) introduced by Maury {\it et al.} some years ago, we analyze a variant of the same models where diffusion of the agents…

Analysis of PDEs · Mathematics 2016-03-03 Alpár Richárd Mészáros , Filippo Santambrogio

We consider a particular weak disorder limit ("continuum limit") of matrix products that arise in the analysis of disordered statistical mechanics systems, with a particular focus on random transfer matrices. The limit system is a diffusion…

Mathematical Physics · Physics 2020-06-08 Francis Comets , Giambattista Giacomin , Rafael L. Greenblatt

We propose a parametric model for the simulation of limit order books. We assume that limit orders, market orders and cancellations are submitted according to point processes with state-dependent intensities. We propose new functional forms…

Statistical Finance · Quantitative Finance 2019-07-15 Ioane Muni Toke , Nakahiro Yoshida

We establish concentration inequalities in the class of ultra log-concave distributions. In particular, we show that ultra log-concave distributions satisfy Poisson concentration bounds. As an application, we derive concentration bounds for…

Probability · Mathematics 2021-10-04 Heshan Aravinda , Arnaud Marsiglietti , James Melbourne

Real data are constrained to finite sampling rates, which calls for a suitable mathematical description of the corrections to the finite-time estimations of the dynamic equations. Often in the literature, lower order discrete time…

Data Analysis, Statistics and Probability · Physics 2015-05-13 C. Anteneodo , R. Riera

We are concerned with scaling limits of the solutions to stochastic differential equations with stationary coefficients driven by Poisson random measures and Brownian motions. We state an annealed convergence theorem, in which the limit…

Probability · Mathematics 2008-12-26 Remi Rhodes , Vincent Vargas

One popular approach to model the limit order books dynamics of the best bid and ask at level-1 is to use the reduced-form diffusion approximations. It is well known that the biggest contributing factor to the price movement is the…

Trading and Market Microstructure · Quantitative Finance 2016-12-13 Tzu-Wei Yang , Lingjiong Zhu

We study mean-field inclusion processes with an additional slow phase, in which particle interactions occur at a vanishing rate proportional to the inverse system size. In the thermodynamic limit, such systems exhibit condensation at high…

Probability · Mathematics 2025-07-21 Simon Gabriel

Diffusion models, which leverage stochastic processes to capture complex data distributions effectively, have shown their performance as generative models, achieving notable success in image-related tasks through iterative denoising…

Machine Learning · Computer Science 2024-08-21 Toshihide Ubukata , Jialong Li , Kenji Tei

In this paper we study the properties of the Lasso estimator of the drift component in the diffusion setting. More specifically, we consider a multivariate parametric diffusion model $X$ observed continuously over the interval $[0,T]$ and…

Statistics Theory · Mathematics 2023-03-29 Gabriela Ciolek , Dmytro Marushkevych , Mark Podolskij

We consider the one-dimensional partially asymmetric exclusion model with open boundaries. The model describes a system of hard-core particles that hop stochastically in both directions with different rates. At both boundaries particles are…

Condensed Matter · Physics 2009-10-28 Fabian H. L. Essler , Vladimir Rittenberg

We study point processes that consist of certain centers of point tuples of an underlying Poisson process. Such processes arise in stochastic geometry in the study of exceedances of various functionals describing geometric properties of the…

Probability · Mathematics 2022-12-26 Moritz Otto

"Quantum trajectories" are solutions of stochastic differential equations of non-usual type. Such equations are called "Belavkin" or "Stochastic Schr\"odinger Equations" and describe random phenomena in continuous measurement theory of Open…

Probability · Mathematics 2015-05-13 Clement Pellegrini

In this paper, we define a directed version of the Diffusion-Limited-Aggregation model. We present several equivalent definitions in finite volume and a definition in infinite volume. We obtain bounds on the speed of propagation of…

Probability · Mathematics 2015-12-23 Sébastien Martineau
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