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In this short communication we present a (functional) central limit theorem for the idle process of a one-sided reflected Ornstein-Uhlenbeck proces.

Probability · Mathematics 2023-02-27 Michel Mandjes , Peter Spreij

Max-stable processes are widely used to model spatial extremes. These processes exhibit asymptotic dependence meaning that the large values of the process can occur simultaneously over space. Recently, inverted max-stable processes have…

Probability · Mathematics 2015-01-20 Ioannis Papastathopoulos , Jonathan A. Tawn

A micro-hydrodynamics model based on elastic collisions of light point solvent particles with a heavy solute particle is investigated in the setting where the light particles have velocity distribution corresponding to a background flow.…

Fluid Dynamics · Physics 2023-11-21 Radek Erban , Robert A. Van Gorder

In this paper we develop a framework for estimating Probability of Default (PD) based on stochastic models governing an appropriate asset value processes. In particular, we build upon a L\'evy-driven Ornstein-Uhlenbeck process and consider…

Risk Management · Quantitative Finance 2023-09-25 Kyriakos Georgiou , Athanasios N. Yannacopoulos

The general scheme of two-level parallelization (TLP) for direct simulation Monte Carlo of unsteady gas flows on shared memory multiprocessor computers has been described. The high efficient algorithm of parallel independent runs is used on…

Computational Engineering, Finance, and Science · Computer Science 2007-05-23 Alexander V. Bogdanov , Nick Yu. Bykov , Igor A. Grishin , Gregory O. Khanlarov , German A. Lukianov , Vladimir V. Zakharov

Given a smooth R^d-valued diffusion, we study how fast the Euler scheme with time step 1/n converges in law. To be precise, we look for which class of test functions f the approximate expectation E[f(X^{n,x}_1)] converges with speed 1/n to…

Probability · Mathematics 2007-07-10 Julien Guyon

We study the numerical approximation of the stochastic heat equation with a distributional reaction term. Under a condition on the Besov regularity of the reaction term, it was proven recently that a strong solution exists and is unique in…

Probability · Mathematics 2024-07-12 Ludovic Goudenège , El Mehdi Haress , Alexandre Richard

We present a method of generation of exact and explicit forms of one-sided, heavy-tailed Levy stable probability distributions g_{\alpha}(x), 0 \leq x < \infty, 0 < \alpha < 1. We demonstrate that the knowledge of one such a distribution…

Mathematical Physics · Physics 2015-06-04 K. Gorska , K. A. Penson

$\alpha$-stable distributions are utilised as models for heavy-tailed noise in many areas of statistics, finance and signal processing engineering. However, in general, neither univariate nor multivariate $\alpha$-stable models admit closed…

Computation · Statistics 2009-12-24 G. W. Peters , S. A. Sisson , Y. Fan

We study statistical inference of the drift parameters for the Volterra Ornstein-Uhlenbeck process on R in the ergodic regime. For continuous-time observations, we derive the corresponding maximum likelihood estimators and show that they…

Statistics Theory · Mathematics 2025-09-30 Mohamed Ben Alaya , Martin Friesen , Jonas Kremer

We investigate ergodic properties of generalized Ornstein--Uhlenbeck processes. In particular, we provide sufficient conditions for ergodicity, and for subexponential and exponential convergence to the invariant probability measure. We use…

Probability · Mathematics 2016-06-06 Peter Kevei

In this paper the running average of a subordinator with a tempered stable distribution is considered. We investigate a family of previously unexplored infinite-activity subordinators induced by the probability distribution of the running…

Probability · Mathematics 2020-09-08 Weixuan Xia

Some sufficient conditions on the algebraic stability of non-homogeneous regime-switching diffusion processes are established. In this work we focus on determining the decay rate of a stochastic system which switches randomly between…

Probability · Mathematics 2016-06-15 Jing Li , Jinghai Shao

We develop diffusion-based samplers for target distributions known up to a normalising constant. To this end, we rely on the well-known diffusion path that smoothly interpolates between a simple base distribution and the target, popularised…

We consider a fractional Ornstein-Uhlenbeck process involving a stochastic forcing term in the drift, as a solution of a linear stochastic differential equation driven by a fractional Brownian motion. For such process we specify mean and…

Probability · Mathematics 2020-09-25 Giacomo Ascione , Yuliya Mishura , Enrica Pirozzi

The aim of this short note is to show that Denoising Diffusion Probabilistic Model DDPM, a non-homogeneous discrete-time Markov process, can be represented by a time-homogeneous continuous-time Markov process observed at non-uniformly…

Machine Learning · Statistics 2023-11-30 Javier E. Santos , Yen Ting Lin

We propose a variety of models of random walk, discrete in space and time, suitable for simulating stable random variables of arbitrary index $\alpha$ ($0< \alpha \le 2$), in the symmetric case. We show that by properly scaled transition to…

Statistical Mechanics · Physics 2009-10-31 Rudolf Gorenflo , Gianni De Fabritiis , Francesco Mainardi

An adaptive BDF2 implicit time-stepping method is analyzed for the phase field crystal model. The suggested method is proved to preserve a modified energy dissipation law at the discrete levels if the time-step ratios…

Numerical Analysis · Mathematics 2020-12-22 Hong-lin Liao , Bingquan Ji , Luming Zhang

The limiting behavior of Toeplitz type quadratic forms of stationary processes has received much attention through decades, particularly due to its importance in statistical estimation of the spectrum. In the present paper we study such…

Probability · Mathematics 2018-08-20 Mikkel Slot Nielsen , Jan Pedersen

Using marked Dirichlet processes we characterise the law of the convex minorant of the meander for a certain class of L\'evy processes, which includes subordinated stable and symmetric L\'evy processes. We apply this characterisaiton to…

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