English
Related papers

Related papers: Variability and the existence of rough integrals w…

200 papers

In this paper we present a new method for the construction of strong solutions of SDE's with merely integrable drift coefficients driven by a multidimensional fractional Brownian motion with Hurst parameter H < 1/2. Furthermore, we prove…

Probability · Mathematics 2018-05-30 David Baños , Torstein Nilssen , Frank Proske

The aim of the paper is to show the probabilistically strong well-posedness of rough differential equations with distributional drifts driven by the Gaussian rough path lift of fractional Brownian motion with Hurst parameter…

Probability · Mathematics 2024-12-17 Konstantinos Dareiotis , Máté Gerencsér , Khoa Lê , Chengcheng Ling

In this paper, we will evaluate integrals that define the conditional expectation, variance and characteristic function of stochastic processes with respect to fractional Brownian motion (fBm) for all relevant Hurst indices, i.e. $H \in…

Computational Finance · Quantitative Finance 2022-03-14 Fei Gao , Shuaiqiang Liu , Cornelis W. Oosterlee , Nico M. Temme

If we compose a smooth function g with fractional Brownian motion B with Hurst index H > 1/2, then the resulting change of variables formula [or It/^o- formula] has the same form as if fractional Brownian motion would be a continuous…

Probability · Mathematics 2011-11-11 Ehsan Azmoodeh , Heikki Tikanmäki , Esko Valkeila

We give a new estimate on Stieltjes integrals of H\"older continuous functions and use it to prove an existence-uniqueness theorem for solutions of ordinary differential equations with H\"older continuous forcing. We construct stochastic…

Probability · Mathematics 2007-05-23 Anastasia Ruzmaikina

Motivated by pathwise stochastic calculus, we say that a continuous real-valued function $x$ admits the roughness exponent $R$ if the $p^{\text{th}}$ variation of $x$ converges to zero if $p>1/R$ and to infinity if $p<1/R$. For the sample…

Statistics Theory · Mathematics 2024-06-25 Xiyue Han , Alexander Schied

This note is devoted to construct a rough path above a multidimensional fractional Brownian motion $B$ with any Hurst parameter $H\in(0,1)$, by means of its representation as a Volterra Gaussian process. This approach yields some algebraic…

Probability · Mathematics 2011-11-10 David Nualart , Samy Tindel

In this paper we study rough differential equations driven by Gaussian rough paths from the viewpoint of Malliavin calculus. Under mild assumptions on coefficient vector fields and underlying Gaussian processes, we prove that solutions at a…

Probability · Mathematics 2014-06-09 Yuzuru Inahama

As a general rule, differential equations driven by a multi-dimensional irregular path $\Gamma$ are solved by constructing a rough path over $\Gamma$. The domain of definition ? and also estimates ? of the solutions depend on upper bounds…

Probability · Mathematics 2009-05-07 Jérémie Unterberger

We study a class of linear first and second order partial differential equations driven by weak geometric $p$-rough paths, and prove the existence of a unique solution for these equations. This solution depends continuously on the driving…

Analysis of PDEs · Mathematics 2008-03-24 Michael Caruana , Peter Friz

We combine the rough path theory and stochastic backward error analysis to develop a new framework for error analysis on numerical schemes. Based on our approach, we prove that the almost sure convergence rate of the modified Milstein…

Numerical Analysis · Mathematics 2021-03-23 Chuying Huang

The present article is devoted to a fine study of the convergence of renormalized weighted quadratic and cubic variations of a fractional Brownian motion $B$ with Hurst index $H$. In the quadratic (resp. cubic) case, when $H<1/4$ (resp.…

Probability · Mathematics 2009-01-19 Ivan Nourdin

In the setting of stochastic Volterra equations, and in particular rough volatility models, we show that conditional expectations are the unique classical solutions to path-dependent PDEs. The latter arise from the functional It\^o formula…

Probability · Mathematics 2026-05-27 Ofelia Bonesini , Antoine Jacquier , Alexandre Pannier

We study a class of semi-implicit Taylor-type numerical methods that are easy to implement and designed to solve multidimensional stochastic differential equations driven by a general rough noise, e.g. a fractional Brownian motion. In the…

Numerical Analysis · Mathematics 2020-06-25 Sebastian Riedel , Yue Wu

We study the validity of an extension of Frobenius theorem on integral manifolds for some classes of Pfaff-type systems of partial differential equations involving multidimensional "rough" signals, i.e. "differentials" of given H\"older…

Analysis of PDEs · Mathematics 2021-12-13 Eugene Stepanov , Dario Trevisan

A statistic based on increment ratios (IR) and related to zero crossings of increment sequence is defined and studied for measuring the roughness of random paths. The main advantages of this statistic are robustness to smooth additive and…

Statistics Theory · Mathematics 2010-07-26 Jean-Marc Bardet , Donatas Surgailis

{Let $B=(B_1(t),...,B_d(t))$ be a $d$-dimensional fractional Brownian motion with Hurst index $\alpha<1/4$, or more generally a Gaussian process whose paths have the same local regularity. Defining properly iterated integrals of $B$ is a…

Probability · Mathematics 2015-05-27 Jacques Magnen , Jérémie Unterberger

Sensitivity analysis w.r.t. the long-range/memory noise parameter for probability distributions of functionals of solutions to stochastic differential equations is an important stochastic modeling issue in many applications. In this paper…

Probability · Mathematics 2024-08-30 Alexandre Richard , Denis Talay

A class of Gaussian processes generalizing the usual fractional Brownian motion for Hurst indices in (1/2,1) and multifractal Brownian motion introduced in Ralchenko and Shevchenko (Theory Probab Math Stat 80, 2010) and Boufoussi et al.…

Probability · Mathematics 2013-07-08 Jelena Ryvkina

We show that a pathwise stochastic integral with respect to fractional Brownian motion with an adapted integrand $g$ can have any prescribed distribution, moreover, we give both necessary and sufficient conditions when random variables can…

Probability · Mathematics 2013-03-22 Yuliya Mishura , Georgiy Shevchenko , Esko Valkeila