English
Related papers

Related papers: Affine term structure models driven by independent…

200 papers

The aim of this paper is to develop estimation and inference methods for the drift parameters of multivariate L\'evy-driven continuous-time autoregressive processes of order $p\in\mathbb{N}$. Starting from a continuous-time observation of…

Methodology · Statistics 2023-07-26 Lorenzo Lucchese , Mikko S. Pakkanen , Almut E. D. Veraart

We consider the problem of constructing Lyapunov functions for linear differential equations with delays. For such systems it is known that exponential stability implies the existence of a positive Lyapunov function which is quadratic on…

Dynamical Systems · Mathematics 2007-07-03 Matthew M. Peet , Antonis Papachristodoulou , Sanjay Lall

This paper develops a model-based framework for continuous-time policy evaluation (CTPE) in reinforcement learning, incorporating both Brownian and L\'evy noise to model stochastic dynamics influenced by rare and extreme events. Our…

Numerical Analysis · Mathematics 2026-02-11 Qihao Ye , Xiaochuan Tian , Yuhua Zhu

L\'evy driven term structure models have become an important subject in the mathematical finance literature. This paper provides a comprehensive analysis of the L\'evy driven Heath-Jarrow-Morton type term structure equation. This includes a…

Mathematical Finance · Quantitative Finance 2025-11-21 Damir Filipović , Stefan Tappe

We prove the existence and uniqueness of solutions of SDEs with Lipschitz coefficients, driven by continuous, model-free martingales. The main tool in our reasoning is Picard's iterative procedure and a model-free version of the…

Mathematical Finance · Quantitative Finance 2022-02-15 Lesiba Ch. Galane , Rafał M. Łochowski , Farai J. Mhlanga

Using the principle of structural analogy of solutions, approaches have been developed for constructing exact solutions of complex nonlinear PDEs, including PDEs with delay, based on the use of special solutions to auxiliary simpler related…

Exactly Solvable and Integrable Systems · Physics 2024-06-03 Andrei D. Polyanin

We investigate the existence of affine realizations for L\'{e}vy driven interest rate term structure models under the real-world probability measure, which so far has only been studied under an assumed risk-neutral probability measure. For…

Mathematical Finance · Quantitative Finance 2025-11-21 Eckhard Platen , Stefan Tappe

We study a class of stochastic differential equations driven by a possibly tempered L{\'e}vy process, under mild conditions on the coefficients. We prove the well-posedness of the associated martingale problem as well as the existence of…

Probability · Mathematics 2016-02-01 L Huang

We present a time change construction of affine processes with state-space $\mathbb{R}_+^m\times \mathbb{R}^n$. These processes were systematically studied in (Duffie, Filipovi\'c and Schachermayer, 2003) since they contain interesting…

Probability · Mathematics 2020-08-26 Ma. Emilia Caballero , José Luis Pérez Garmendia , Gerónimo Uribe Bravo

Traditional data-driven methods, effective for deterministic systems or stochastic differential equations (SDEs) with Gaussian noise, fail to handle the discontinuous sample paths and heavy-tailed fluctuations characteristic of L\'evy…

Dynamical Systems · Mathematics 2026-01-28 Yang Li , Jinqiao Duan

This thesis develops a new framework for modelling price processes in finance, such as an equity price or foreign exchange rate. This can be related to the conventional Ito calculus-based framework through the time integral of a price's…

Mathematical Finance · Quantitative Finance 2025-03-21 Ryan McCrickerd

Signature stochastic differential equations (SDEs) constitute a large class of stochastic processes, here driven by Brownian motions, whose characteristics are linear maps of their own signature, i.e. of iterated integrals of the process…

Probability · Mathematics 2025-02-04 Christa Cuchiero , Sara Svaluto-Ferro , Josef Teichmann

Semilinear, $N-$dimensional stochastic differential equations (SDEs) driven by additive L\'evy noise are investigated. Specifically, given $\alpha\in\left(\frac{1}{2},1\right)$, the interest is on SDEs driven by $2\alpha-$stable,…

Probability · Mathematics 2022-10-07 Alessandro Bondi

Most existing latent-space models for dynamical systems require fixing the latent dimension in advance, they rely on complex loss balancing to approximate linear dynamics, and they don't regularize the latent variables. We introduce RRAEDy,…

Machine Learning · Computer Science 2025-12-09 Jad Mounayer , Sebastian Rodriguez , Jerome Tomezyk , Chady Ghnatios , Francisco Chinesta

In this paper, we consider numerical approximation of an electrically conductive ferrofluid model, which consists of Navier-Stokes equations, magnetization equation, and magnetic induction equation. To solve this highly coupled, nonlinear,…

Numerical Analysis · Mathematics 2025-04-02 Jialin Xie , Xiaodi Zhang

We establish strong well-posedness for a class of degenerate SDEs of kinetic type with autonomous diffusion driven by a symmetric $\alpha$-stable process under H\"older regularity conditions for the drift term. We partially recover the…

Probability · Mathematics 2025-07-11 Giacomo Lucertini , Stéphane Menozzi , Stefano Pagliarani

We describe a class of explicit invariant measures for both finite and infinite dimensional Stochastic Differential Equations (SDE) driven by L\'evy noise. We first discuss in details the finite dimensional case with a linear, resp. non…

Probability · Mathematics 2014-07-16 Sergio Albeverio , Luca Di Persio , Elisa Mastrogiacomo , Boubaker Smii

We describe a new class of positive linear discrete-time switching systems for which the problems of stability or stabilizability can be resolved constructively. This class generalizes the class of systems with independently switching state…

Optimization and Control · Mathematics 2017-07-06 Victor Kozyakin

Neural ordinary differential equations (NODEs) are an effective approach for data-driven modeling of dynamical systems arising from simulations and experiments. One of the major shortcomings of NODEs, especially when coupled with explicit…

Numerical Analysis · Mathematics 2025-12-30 Allen Alvarez Loya , Daniel A. Serino , J. W. Burby , Qi Tang

This paper investigates the stability and stabilization of semilinear single-track vehicle models with distributed tire friction dynamics, modeled as interconnections of ordinary differential equations (ODEs) and hyperbolic partial…

Systems and Control · Electrical Eng. & Systems 2026-02-10 Luigi Romano , Ole Morten Aamo , Miroslav Krstić , Jan Åslund , Erik Frisk