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Subdiffusive behavior of one-dimensional stochastic systems can be described by time-subordinated Langevin equations. The corresponding probability density satisfies the time-fractional Fokker-Planck equations. In the homogeneous systems…

Statistical Mechanics · Physics 2015-07-01 Rytis Kazakevicius , Julius Ruseckas

We introduce a new class of multivariate heavy-tailed distributions that are convolutions of heterogeneous multivariate t-distributions. Unlike commonly used heavy-tailed distributions, the multivariate convolution-t distributions embody…

Econometrics · Economics 2024-04-02 Peter Reinhard Hansen , Chen Tong

In many situations, in all branches of physics, one encounters power-like behavior of some variables which are best described by a Tsallis distribution characterized by a nonextensivity parameter $q$ and scale parameter $T$. However, there…

Statistical Mechanics · Physics 2015-01-16 Grzegorz Wilk , Zbigniew Wlodarczyk

Hyperbolic complete monotonicity property ($\mathrm{HCM}$) is a way to check if a distribution is a generalized gamma ($\mathrm{GGC}$), hence is infinitely divisible. In this work, we illustrate to which extent the Mittag-Leffler functions…

Probability · Mathematics 2023-10-03 Nuha Altaymani , Wissem Jedidi

This paper introduces a generalized fractional Halanay-type coupled inequality, which serves as a robust tool for characterizing the asymptotic stability of diverse time fractional functional differential equations, particularly those…

Numerical Analysis · Mathematics 2025-01-30 La Van Thinh , Hoang The Tuan , Dongling Wang , Yin Yang

The stochastic properties of variables whose addition leads to $q$-Gaussian distributions $G_q(x)=[1+(q-1)x^2]_+^{1/(1-q)}$ (with $q\in\mathbb{R}$ and where $[f(x)]_+=max\{f(x),0\}$) as limit law for a large number of terms are…

Statistical Mechanics · Physics 2009-11-10 C. Anteneodo

We construct an infinite dimensional analysis with respect to non-Gaussian measures of Mittag-Leffler type which we call Mittag-Leffler measures. It turns out that the well-known Wick ordered polynomials in Gaussian analysis cannot be…

Functional Analysis · Mathematics 2017-08-23 Martin Grothaus , Florian Jahnert , Felix Riemann , José Luís da Silva

In this paper, we present an extension of Mittag-Leffler function by using the extension of beta functions (\"{O}zergin et al. in J. Comput. Appl. Math. 235 (2011), 4601-4610) and obtain some integral representation of this newly defined…

Classical Analysis and ODEs · Mathematics 2017-03-16 G. Rahman , K. S. Nisar , S. Mubeen , M. Arshad

Probability distributions and densities are derived for the excess and deficiency of the intensity or instantaneous energy (quasi-static power) associated with a $p$-dimensional random vector field. Explicit expressions for the exact…

Data Analysis, Statistics and Probability · Physics 2021-08-27 Luk R. Arnaut

We analyze the \textit{Large Deviation Probability (LDP)} of linear factor models generated from non-identically distributed components with \textit{regularly-varying} tails, a large subclass of heavy tailed distributions. An efficient…

Statistics Theory · Mathematics 2019-12-10 Farzad Pourbabaee , Omid Shams Solari

In mathematical finance, Levy processes are widely used for their ability to model both continuous variation and abrupt, discontinuous jumps. These jumps are practically relevant, so reliable inference on the feature that controls jump…

Statistics Theory · Mathematics 2021-09-21 Zhe Wang , Ryan Martin

We study functions g_{\alpha}(x) which are one-sided, heavy-tailed Levy stable probability distributions of index \alpha, 0< \alpha <1, of fundamental importance in random systems, for anomalous diffusion and fractional kinetics. We furnish…

Statistical Mechanics · Physics 2011-01-06 K. A. Penson , K. Gorska

This paper studies a prototype of inverse obstacle scattering problems whose governing equation is the Helmholtz equation in two dimensions. An explicit method to extract information about the location and shape of unknown obstacles from…

Analysis of PDEs · Mathematics 2011-09-21 Masaru Ikehata

The ordinary Levy motion is a random process whose stationary independent increments are statistically self-affine and distributed with a stable probability law characterized by the Levy index alpha, 0 < alpha < 2. The divergence of…

Statistical Mechanics · Physics 2007-05-23 A. V. Chechkin , V. Yu. Gonchar

The purpose of the present paper is to give unified expressions to the characteristic functions of all elliptical and related distributions. Those distributions including the multivariate elliptical symmetric distributions and some…

Statistics Theory · Mathematics 2023-11-14 Chuancun Yin , Hua Dong

A quasi-infinitely divisible distribution on $\mathbb{R}$ is a probability distribution whose characteristic function allows a L\'evy-Khintchine type representation with a "signed L\'evy measure", rather than a L\'evy measure.…

Probability · Mathematics 2017-01-11 Alexander Lindner , Lei Pan , Ken-iti Sato

Motivated essentially by the success of the applications of the Mittag-Leffler functions in many areas of science and engineering, the authors present in a unified manner, a detailed account or rather a brief survey of the Mittag- Leffler…

Classical Analysis and ODEs · Mathematics 2011-09-06 H. J. Haubold , A. M. Mathai , R. K. Saxena

We use the martingale convergence method to get the weak convergence theorem on general functionals of partial sums of independent heavy-tailed random variables. The limiting process is the stochastic integral driven by $\alpha-$stable…

Statistics Theory · Mathematics 2014-11-18 Zhengyan Lin , Hanchao Wang

Random matrix theory is used to assess the significance of weak correlations and is well established for Gaussian statistics. However, many complex systems, with stock markets as a prominent example, exhibit statistics with power-law tails,…

Statistical Mechanics · Physics 2013-03-19 Mauro Politi , Enrico Scalas , Daniel Fulger , Guido Germano

This paper deals with the large deviations behavior of a stochastic process called thinned Levy process. This process appeared recently as a stochastic-process limit in the context of critical inhomogeneous random graphs. The process has a…

Probability · Mathematics 2014-04-08 Elie Aidekon , Remco van der Hofstad , Sandra Kliem , Johan S. H. van Leeuwaarden