English
Related papers

Related papers: An Optimal Functional It\^{o}'s Formula For L\'{e}…

200 papers

Stochastic parameterizations are used in numerical weather prediction and climate modeling to help capture the uncertainty in the simulations and improve their statistical properties. Convergence issues can arise when time integration…

Numerical Analysis · Mathematics 2020-06-24 Panos Stinis , Huan Lei , Jing Li , Hui Wan

A new approach is used to describe the large time behavior of the non-local differential equation initially studied in [3]. Our approach is based upon the existence of infinitely many Lyapunov functionals and allows us to extend the…

Analysis of PDEs · Mathematics 2015-11-06 Danielle Hilhorst , Philippe Laurençot , Thanh-Nam Nguyen

Additive processes are obtained from L\'{e}vy ones by relaxing the condition of stationary increments, hence they are spatially (but not temporally) homogeneous. By analogy with the case of time-homogeneous Markov processes, one can define…

Probability · Mathematics 2018-11-15 Luisa Beghin , Costantino Ricciuti

In this article we establish a new formula for the difference of a test function of the solution of a stochastic differential equation and of the test function of an It\^o process. The introduced formula essentially generalizes both the…

Probability · Mathematics 2024-06-28 Anselm Hudde , Martin Hutzenthaler , Arnulf Jentzen , Sara Mazzonetto

These lectures notes aim at introducing L\'{e}vy processes in an informal and intuitive way, accessible to non-specialists in the field. In the first part, we focus on the theory of L\'{e}vy processes. We analyze a `toy' example of a…

Pricing of Securities · Quantitative Finance 2008-12-02 Antonis Papapantoleon

It is shown that under a certain condition on a semimartingale and a time-change, any stochastic integral driven by the time-changed semimartingale is a time-changed stochastic integral driven by the original semimartingale. As a direct…

Probability · Mathematics 2010-10-26 Kei Kobayashi

We obtain an almost sure bound for oscillation rates of empirical distribution functions for stationary causal processes. For short-range dependent processes, the oscillation rate is shown to be optimal in the sense that it is as sharp as…

Probability · Mathematics 2007-05-23 Wei Biao Wu

In this paper, models that approximate stochastic processes from the space $Sub_\varphi(\Omega)$ with given reliability and accuracy in $L_p(T)$ are considered for some specific functions $\varphi(t)$. For processes that are decomposited in…

Statistics Theory · Mathematics 2025-03-25 Oleksandr Mokliachuk

The paper introduces a novel Ito's formula for time dependent tempered generalized functions. As an application, we study the heat equation when initial conditions are allowed to be a generalized tempered function. A new proof of the…

Functional Analysis · Mathematics 2011-11-09 P. Catuogno , C. Olivera

This paper addresses the estimation of locally stationary long-range dependent processes, a methodology that allows the statistical analysis of time series data exhibiting both nonstationarity and strong dependency. A time-varying…

Statistics Theory · Mathematics 2010-11-12 Wilfredo Palma , Ricardo Olea

We study the optimal control of path-dependent piecewise deterministic processes. An appropriate dynamic programming principle is established. We prove that the associated value function is the unique minimax solution of the corresponding…

Probability · Mathematics 2025-10-28 Elena Bandini , Christian Keller

We study a one-dimensional kinetic stochastic model driven by a L{\'e}vy process with a non-linear time-inhomogeneous drift. More precisely, the process $(V,X)$ is considered, where $X$ is the position of the particle and its velocity $V$…

Probability · Mathematics 2022-04-25 Mihai Gradinaru , Emeline Luirard

A time-varying empirical spectral process indexed by classes of functions is defined for locally stationary time series. We derive weak convergence in a function space, and prove a maximal exponential inequality and a…

Statistics Theory · Mathematics 2009-02-10 Rainer Dahlhaus , Wolfgang Polonik

We consider a queuing model with the workload evolving between consecutive i.i.d.\ exponential timers $\{e_q^{(i)}\}_{i=1,2,...}$ according to a spectrally positive L\'evy process $Y_i(t)$ that is reflected at zero, and where the…

Probability · Mathematics 2014-04-23 Zbigniew Palmowski , Maria Vlasiou , Bert Zwart

An explicit martingale representation for random variables described as a functional of a Levy process will be given. The Clark-Ocone theorem shows that integrands appeared in a martingale representation are given by conditional…

Mathematical Finance · Quantitative Finance 2019-06-18 Takuji Arai , Ryoichi Suzuki

Let $\{X_{1}(t)\}_{0\leq t\leq1}$ and $\{X_{2}(t)\}_{0\leq t\leq1}$ be two independent continuous centered Gaussian processes with covariance functions$R_{1}$ and $R_{2}$. This paper shows that if the covariance functions are of finite…

Probability · Mathematics 2010-07-16 Albert Ferreiro-Castilla , Frederic Utzet

In this paper, we consider a continuous-time Markov process and prove a local limit theorem for the integral of a time-inhomogeneous function of the process. One application is in the study of the fast-oscillating perturbations of linear…

Probability · Mathematics 2025-01-30 Leonid Koralov , Shuo Yan

Ito's construction of Markovian solutions to stochastic equations driven by a L\'evy noise is extended to nonlinear distribution dependent integrands aiming at the effective construction of linear and nonlinear Markov semigroups and the…

Probability · Mathematics 2022-05-03 Vassili N. Kolokoltsov

A functional representation of free L\'evy processes is established via an ensemble of unitarily invariant Hermitian matrix-valued L\'evy processes. This is accomplished by proving functional asymptotics of their empirical spectral…

Probability · Mathematics 2020-04-02 José-Luis Pérez G. , Víctor Pérez-Abreu , Alfonso Rocha-Arteaga

In this work, we present a comprehensive theory of stochastic integration with respect to arbitrary cylindrical L\'evy processes in Hilbert spaces. Since cylindrical L\'evy processes do not enjoy a semi-martingale decomposition, our…

Probability · Mathematics 2024-03-18 Gergely Bodó , Markus Riedle
‹ Prev 1 8 9 10 Next ›