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We consider a branching stable process with positive jumps, i.e. a continuous-time branching process in which the particles evolve independently as stable L{\'e}vy processes with positive jumps. Assuming the branching mechanism is critical…

Probability · Mathematics 2021-09-13 Christophe Profeta

We present a class of L\'evy processes for modelling financial market fluctuations: Bilateral Gamma processes. Our starting point is to explore the properties of bilateral Gamma distributions, and then we turn to their associated L\'evy…

Probability · Mathematics 2025-11-21 Uwe Küchler , Stefan Tappe

We propose new jump-adapted weak approximation schemes for stochastic differential equations driven by pure-jump L\'evy processes. The idea is to replace the driving L\'evy process $Z$ with a finite intensity process which has the same…

Probability · Mathematics 2010-12-30 Peter Tankov

In this paper we solve the exit problems for (reflected) spectrally negative L\'evy processes, which are exponentially killed with a killing intensity dependent on the present state of the process and analyze respective resolvents. All…

Probability · Mathematics 2017-06-27 Bo Li , Zbigniew Palmowski

We consider a general d-dimensional Levy-type process with killing. Combining the classical Dyson series approach with a novel polynomial expansion of the generator A(t) of the Levy-type process, we derive a family of asymptotic…

Computational Finance · Quantitative Finance 2014-12-01 Matthew Lorig , Stefano Pagliarani , Andrea Pascucci

A convenient tool to obtain numerical methods specially tuned on oscillating functions is exponential fitting. Such methods are needed in various branches of natural sciences, particularly in physics, since a lot of physical phenomena…

Numerical Analysis · Mathematics 2007-05-23 Hans Van de Vyver

In this work we give a complete description to the asymptotic behaviors of exponential functionals of L\'evy processes and divide them into five different types according to their convergence rates. Not only their exact convergence speeds…

Probability · Mathematics 2016-02-09 Zenghu Li , Wei Xu

We present here a simple method for computing the large deviation of long time average for stochastic jump processes. We show that the computation of the rate function can be reduced to that of a partial differential equation governing the…

Statistical Mechanics · Physics 2020-04-22 Bahram Houchmandzadeh

We show some Chung-type $\liminf$ law of the iterated logarithm results at zero for a class of (pure-jump) Feller or L\'evy-type processes. This class includes all L\'evy processes. The norming function is given in terms of the symbol of…

Probability · Mathematics 2013-10-02 V. Knopova , R. Schilling

A novel algorithm for computing the action of a matrix exponential over a vector is proposed. The algorithm is based on a multilevel Monte Carlo method, and the vector solution is computed probabilistically generating suitable random paths…

Numerical Analysis · Mathematics 2019-07-05 Juan A. Acebron , Jose R. Herrero , Jose Monteiro

We present a new approach to fluctuation identities for reflected L\'{e}vy processes with one-sided jumps. This approach is based on a number of easy to understand observations and does not involve excursion theory or It\^{o} calculus. It…

Probability · Mathematics 2010-04-23 Jevgenijs Ivanovs

Under appropriate conditions, we obtain smoothness and convexity properties of $q$-scale functions for spectrally negative L\'evy processes. Our method appeals directly to very recent developments in the theory of potential analysis of…

Probability · Mathematics 2008-08-25 A. E. Kyprianou , V. Rivero , R. Song

Forward-backward methods are a very useful tool for the minimization of a functional given by the sum of a differentiable term and a nondifferentiable one and their investigation has experienced several efforts from many researchers in the…

Numerical Analysis · Mathematics 2015-06-10 Silvia Bonettini , Federica Porta , Valeria Ruggiero

We consider correlated L\'evy walks on a class of two- and three-dimensional deterministic self-similar structures, with correlation between steps induced by the geometrical distribution of regions, featuring different diffusion properties.…

Statistical Mechanics · Physics 2015-03-19 Pierfrancesco Buonsante , Raffaella Burioni , Alessandro Vezzani

We find necessary and sufficient conditions for almost sure finiteness of integral functionals of spectrally positive L\'evy processes. Via Lamperti type transforms, these results can be applied to obtain new integral tests on extinction…

Probability · Mathematics 2020-06-15 Pei-Sen Li , Xiaowen Zhou

We consider a class of L\'evy-type processes derived via a Doob-transform from L\'evy processes conditioned by a control function called potential. These processes have position-dependent and generally unbounded components, with stationary…

Probability · Mathematics 2018-06-29 Kamil Kaleta , József Lőrinczi

We obtain a five-step approximation to the quasiperiodic dynamic scaling function for experimental Rayleigh-Be'nard convection data. When errors are taken into account in the experiment, the f(alpha) spectrum of scalings is equivalent to…

chao-dyn · Physics 2015-06-24 Ronnie Mainieri , Robert Ecke

Fundamental solution of a space fractional convection equation of order $\alpha$ is the probability density function of L\'{e}vy flights with long-tailed $\alpha$-stable jump length distribution. By studying an upwind second-order implicit…

Numerical Analysis · Mathematics 2025-02-25 Lot-Kei Chou , Wan-Na Deng , Yuan-Yuan Huang , Siu-Long Lei

This paper concerns the numerical approximation for the invariant distribution of Markovian switching L\'evy-driven stochastic differential equations. By combining the tamed-adaptive Euler-Maruyama scheme with the Multi-level Monte Carlo…

Probability · Mathematics 2024-11-07 Hoang-Viet Nguyen , Trung-Thuy Kieu , Duc-Trong Luong , Hoang-Long Ngo , Tran Ngoc Khue

We show that in a broad class of processes that show a $1/f^{\alpha}$ spectrum, the power also explicitly depends on the characteristic time scale. Despite an enormous amount of work, this generic behavior remains so far overlooked and…

Statistical Mechanics · Physics 2021-03-23 Avinash Chand Yadav , Naveen Kumar