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The Black-Scholes formula for pricing options on stocks and other securities has been generalized by Merton and Garman to the case when stock volatility is stochastic. The derivation of the price of a security derivative with stochastic…

Condensed Matter · Physics 2009-10-30 B. E. Baaquie

Two problems are addressed for the path of certain stochastic processes: a) do they define currents? b) are these currents of a classical type? A general answer to question a) is given for processes like semimartingales or with Lyons-Zheng…

We study functional convergence of sums of moving averages with random coefficients and heavy-tailed innovations. Under some standard moment conditions and the assumption that all partial sums of the series of coefficients are a.s. bounded…

Probability · Mathematics 2018-08-22 Danijel Krizmanić

We present in this paper a new sufficient condition for the so-called Prokhorov-Skorokhod continuity of random processes. Our conditions will be formulated in the terms of metric entropy generated by three-dimensional distribution of the…

Probability · Mathematics 2015-12-08 E. Ostrovsky , L. Sirota

Assume a L\'evy process $X$ on the time interval $[0,1]$ that is an $L_2$-martingale and let $Y$ be either its stochastic exponential or $X$ itself. We consider Riemann-approximations of certain stochastic integrals driven by $Y$ and relate…

Probability · Mathematics 2012-01-04 Christel Geiss , Stefan Geiss , Eija Laukkarinen

Rough path analysis can be developed using the concept of controlled paths, and with respect to a topology in which L\'evy's area plays a role. For vectors of irregular paths we investigate the relationship between the property of being…

Probability · Mathematics 2017-04-26 Peter Imkeller , David J. Prömel

We continue the approach in Part I \cite{duchong19} to study stationary states of controlled differential equations driven by rough paths, using the framework of random dynamical systems and random attractors. Part II deals with driving…

Probability · Mathematics 2020-07-29 Luu Hoang Duc

Random functions $\mu(x)$, generated by values of stochastic measures are considered. The Besov regularity of the continuous paths of $\mu(x)$, $x\in[0,1]^d$ is proved. Fourier series expansion of $\mu(x)$, $x\in[0,2\pi]$ is obtained. These…

Probability · Mathematics 2024-09-11 Vadym Radchenko

An analytical formula for the occurence probability of Markovian stochastic paths with repeatedly visited and/or equal departure rates is derived. This formula is essential for an efficient investigation of the trajectories belonging to…

Statistical Mechanics · Physics 2009-10-31 Dirk Helbing , Rolf Molini

We extend the Lyapunov function technique, a fundamental tool for investigating asymptotic stability and existence of attractors for ordinary differential equations, by introducing the notion of a {\it strong Lyapunov function} for an…

Dynamical Systems · Mathematics 2025-12-23 Luu Hoang Duc , Jürgen Jost

We study the convergence in probability in the non-standard $M_1$ Skorokhod topology of the Hilbert valued stochastic convolution integrals of the type $\int_0^t F_\gamma(t-s)\,d L(s)$ to a process $\int_0^t F(t-s)\, d L(s)$ driven by a…

Probability · Mathematics 2014-08-20 Ilya Pavlyukevich , Markus Riedle

Stochastic differential equations projected onto manifolds occur in physics, chemistry, biology, engineering, nanotechnology and optimization, with interdisciplinary applications. Intrinsic coordinate stochastic equations on the manifold…

Numerical Analysis · Mathematics 2022-08-09 Ria Rushin Joseph , Jesse van Rhijn , Peter D. Drummond

A highly accurate method for simulating surfactant-covered droplets in two-dimensional Stokes flow with solid boundaries is presented. The method handles both periodic channel flows of arbitrary shape and stationary solid constrictions. A…

Numerical Analysis · Mathematics 2020-12-02 Sara Pålsson , Anna-Karin Tornberg

We provide strong $L_p$-rates of approximation of nonsmooth integral-type functionals of Markov processes by integral sums. Our approach is, in a sense, process insensitive and is based on a modification of some well-developed estimates…

Probability · Mathematics 2015-03-19 Iu. Ganychenko , A. Kulik

In this paper we show the existence of a universal Skorohod measurable functional representation for a large class of semimartingale-driven stochastic differential equations. For this we prove that paths of the strong solutions of…

Probability · Mathematics 2025-03-26 Paweł Przybyłowicz , Verena Schwarz , Alexander Steinicke , Michaela Szölgyenyi

The generalized perturbative approach is an all purpose variant of Stein's method used to obtain rates of normal approximation. Originally developed for functions of independent random variables this method is here extended to functions of…

Probability · Mathematics 2020-10-12 Christian Houdré , George Kerchev

We show that applying any deterministic B-series method of order $p_d$ with a random step size to single integrand SDEs gives a numerical method converging in the mean-square and weak sense with order $\lfloor p_d/2\rfloor$.As an…

Numerical Analysis · Mathematics 2020-08-19 David Cohen , Kristian Debrabant , Andreas Rößler

Smoothed model checking based on Gaussian process classification provides a powerful approach for statistical model checking of parametric continuous time Markov chain models. The method constructs a model for the functional dependence of…

Machine Learning · Computer Science 2021-04-21 Paul Piho , Jane Hillston

Stochastic convergence of discrete time Markov processes has been analysed based on a dual Lyapunov approach. Using some existing results on ergodic theory of Markov processes, it has been shown that existence of a properly subinvariant…

Dynamical Systems · Mathematics 2024-02-20 Özkan Karabacak , Horia Cornean , Rafael Wisniewski

In recent work concerning the sparsity of the Hawking flux [arXiv:1506.03975v2], we found it necessary to re-examine what is known regarding the greybody factors of black holes, with a view to extending and expanding on some old results…

General Relativity and Quantum Cosmology · Physics 2015-12-17 Finnian Gray , Matt Visser
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