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Related papers: Non-linear Affine Processes with Jumps

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We consider almost upper semi-continuous processes defined on a finite Markov chain. The distributions of the functionals associated with the exit from a finite interval are studied. We also consider some modification of these processes.

Probability · Mathematics 2009-09-09 Ievgen Karnaukh

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

Affine jump-diffusions constitute a large class of continuous-time stochastic models that are particularly popular in finance and economics due to their analytical tractability. Methods for parameter estimation for such processes require…

Mathematical Finance · Quantitative Finance 2018-11-02 Xiaowei Zhang , Peter W. Glynn

In the recent article D\"oring et al. [4] the authors conditioned a stable process with two-sided jumps to avoid an interval. As usual the strategy was to find an invariant function for the process killed on entering the interval and to…

Probability · Mathematics 2020-02-19 Pierre Lenthe , Philip Weissmann

We study quadratic functionals on $L^2(\mathbb{R}^d)$ that generate seminorms in the fractional Sobolev space $H^s(\mathbb{R}^d)$ for $0 < s < 1$. The functionals under consideration appear in the study of Markov jump processes and,…

Analysis of PDEs · Mathematics 2019-04-24 Kai-Uwe Bux , Moritz Kassmann , Tim Schulze

The paper proposes a class of financial market models which are based on inhomogeneous telegraph processes and jump diffusions with alternating volatilities. It is assumed that the jumps occur when the tendencies and volatilities are…

Pricing of Securities · Quantitative Finance 2008-12-04 Nikita Ratanov

The expected supremum of a Gaussian process indexed by the image of an index set under a function class is bounded in terms of separate properties of the index set and the function class. The bound is relevant to the estimation of nonlinear…

Machine Learning · Computer Science 2014-11-12 Andreas Maurer

This paper presents several situations leading to the observation of multiple correlated copies of a drifted process, and then non-asymptotic risk bounds are established on nonparametric estimators of the drift function $b_0$ and its…

Statistics Theory · Mathematics 2026-01-21 Nicolas Marie

We suggest to investigate certain non-standard (pseudo-)differential operators in order to construct and to study multi-parameter processes. Our approach will include "classical" multi-parameter Markov processes but will go eventually far…

Probability · Mathematics 2007-05-23 Niels Jacob , Alexander Potrykus

In this paper, we consider the problem of piecewise affine abstraction of nonlinear systems, i.e., the overapproximation of its nonlinear dynamics by a pair of piecewise affine functions that "includes" the dynamical characteristics of the…

Optimization and Control · Mathematics 2018-11-07 Kanishka Raj Singh , Qiang Shen , Sze Zheng Yong

This work targets the identification of a class of models for hybrid dynamical systems characterized by nonlinear autoregressive exogenous (NARX) components, with finite-dimensional polynomial expansions, and by a Markovian switching…

Machine Learning · Computer Science 2020-09-30 Alessandro Brusaferri , Matteo Matteucci , Stefano Spinelli

Markov decision processes are typically used for sequential decision making under uncertainty. For many aspects however, ranging from constrained or safe specifications to various kinds of temporal (non-Markovian) dependencies in task and…

Artificial Intelligence · Computer Science 2021-11-10 Nicky Lenaers , Martijn van Otterlo

In this study, we analytically formulated the path integral representation of the conditional probabilities for non-Markovian kinetic processes in terms of the free energy of the thermodynamic system. We carry out analytically the…

Statistical Mechanics · Physics 2021-12-28 E. Aydiner

There are some positively divisible non-Markovian processes whose transition matrices satisfy the Chapman-Kolmogorov equation. These processes should also satisfy the Kolmogorov consistency conditions, an essential requirement for a process…

Probability · Mathematics 2024-01-24 Bilal Canturk , Heinz-Peter Breuer

The estimation of absorption time distributions of Markov jump processes is an important task in various branches of statistics and applied probability. While the time-homogeneous case is classic, the time-inhomogeneous case has recently…

Statistics Theory · Mathematics 2022-07-26 Jamaal Ahmad , Martin Bladt , Mogens Bladt

We give conditions under which near-critical stochastic processes on the half-line have infinitely many or finitely many cutpoints, generalizing existing results on nearest-neighbour random walks to adapted processes with bounded increments…

Probability · Mathematics 2022-03-21 Chak Hei Lo , Mikhail V. Menshikov , Andrew R. Wade

In this paper, we develop methods of nonlinear filtering and prediction of an unobservable Markov chain with a finite set of states. This Markov chain controls coefficients of AR(p) model. Using observations generated by AR(p) model we have…

Probability · Mathematics 2015-03-10 Vasily Vasilyev , Alexander Dobrovidov

We study integrodifferential operators and regularity estimates for solutions to integrodifferential equations. Our emphasis is on kernels with a critically low singularity which does not allow for standard scaling. For example, we treat…

Analysis of PDEs · Mathematics 2015-08-03 Moritz Kassmann , Ante Mimica

We consider a general multivariate affine stochastic recursion and the associated Markov chain on $\mathbb R^{d}$. We assume a natural geometric condition which implies existence of an unbounded stationary solution and we show that the…

Probability · Mathematics 2017-12-15 Yves Guivarc'H , Emile Le Page

This study explores a Gaussian quasi-likelihood approach for estimating parameters of diffusion processes with Markovian regime switching. Assuming the ergodicity under high-frequency sampling, we will show the asymptotic normality of the…

Statistics Theory · Mathematics 2025-05-19 Yuzhong Cheng , Hiroki Masuda
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