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This thesis develops a mathematical framework for the analysis of continuous-time trading strategies which, in contrast to the classical setting of continuous-time finance, does not rely on stochastic integrals or other probabilistic…

Probability · Mathematics 2016-02-16 Candia Riga

We obtain a compactness result for $\Gamma$-convergence of integral functionals defined on $\mathcal{A}$-free vector fields. This is used to study homogenization problems for these functionals without periodicity assumptions. More…

Analysis of PDEs · Mathematics 2026-03-10 Gianni Dal Maso , Rita Ferreira , Irene Fonseca

The practicality of the stochastic network calculus (SNC) is often questioned on grounds of potential looseness of its performance bounds. In this paper it is uncovered that for bursty arrival processes (specifically Markov-Modulated On-Off…

Performance · Computer Science 2013-07-23 Florin Ciucu , Felix Poloczek , Jens Schmitt

In this paper, we investigate the asymptotic stability of finite-dimensional stochastic integrable Hamiltonian systems via information entropy. Specifically, we establish the asymptotic vanishing of Shannon entropy difference (with…

Dynamical Systems · Mathematics 2025-10-28 Chen Wang , Yong Li

Let $(X_k,\xi_k)_{k\in \mathbb {N}}$ be a sequence of independent copies of a pair $(X,\xi)$ where $X$ is a random process with paths in the Skorokhod space $D[0,\infty)$ and $\xi$ is a positive random variable. The random process with…

Probability · Mathematics 2017-07-05 Alexander Marynych , Glib Verovkin

In this note we connect the notion of solutions of a martingale problem to the notion of a strongly continuous and locally equi-continuous semigroup on the space of bounded continuous functions equipped with the strict topology. This…

Probability · Mathematics 2020-10-01 Richard C. Kraaij

Rough paths techniques give the ability to define solutions of stochastic differential equations driven by signals $X$ which are not semimartingales and whose $p$-variation is finite only for large values of $p$. In this context, rough…

Probability · Mathematics 2020-05-15 Yanghui Liu , Zachary Selk , Samy Tindel

Let $X$ be a progressively measurable, almost surely right-continuous stochastic process such that $X_\tau \in L^1$ and $E[X_\tau] = E[X_0]$ for each finite stopping time $\tau$. In 2006, Cherny showed that $X$ is then a uniformly…

Probability · Mathematics 2015-05-05 Johannes Ruf

We study the convergence properties of the original and away-step Frank-Wolfe algorithms for linearly constrained stochastic optimization assuming the availability of unbiased objective function gradient estimates. The objective function is…

Optimization and Control · Mathematics 2025-04-08 Natthawut Boonsiriphatthanajaroen , Shane G. Henderson

We prove new optimality results for adaptive mesh refinement algorithms for non-symmetric, indefinite, and time-dependent problems by proposing a generalization of quasi-orthogonality which follows directly from the inf-sup stability of the…

Numerical Analysis · Mathematics 2022-03-22 Michael Feischl

We are concerned with a stochastic mean curvature flow of graphs with extra force over a periodic domain of any dimension. Based on compact embedding method of variational SPDE, we prove the existence of martingale solution. Moreover, we…

Analysis of PDEs · Mathematics 2025-10-14 Qi Yan , Xiang-Dong Li

Discrete approximations to the equation \begin{equation*} L_{cont}u = u^{(4)} + D(x) u^{(3)} + A(x) u^{(2)} + (A'(x)+H(x)) u^{(1)} + B(x) u = f, \; x\in[0,1] \end{equation*} are considered. This is an extension of the Sturm-Liouville case…

Numerical Analysis · Mathematics 2020-04-06 Matania Ben-Artzi , Benjamin Kramer

The Sinc quadrature and the Sinc indefinite integration are approximation formulas for definite integration and indefinite integration, respectively, which can be applied on any interval by using an appropriate variable transformation.…

Numerical Analysis · Mathematics 2025-07-10 Tomoaki Okayama

The inf-convolution of risk measures is directly related to risk sharing and general equilibrium, and it has attracted considerable attention in mathematical finance and insurance problems. However, the theory is restricted to finite sets…

Risk Management · Quantitative Finance 2022-03-22 Marcelo Brutti Righi , Marlon Ruoso Moresco

The choice of admissible trading strategies in mathematical modelling of financial markets is a delicate issue, going back to Harrison and Kreps (1979). In the context of optimal portfolio selection with expected utility preferences this…

Computational Finance · Quantitative Finance 2017-07-25 Sara Biagini , Aleš Černý

Let $f$ be a transcendental entire function and let $I(f)$ denote the set of points that escape to infinity under iteration. We give conditions which ensure that, for certain functions, $I(f)$ is connected. In particular, we show that…

Complex Variables · Mathematics 2008-01-24 P. J. Rippon , G. M. Stallard

We obtain bounds on the distribution of the maximum of a martingale with fixed marginals at finitely many intermediate times. The bounds are sharp and attained by a solution to $n$-marginal Skorokhod embedding problem in Ob{\l}\'oj and…

Probability · Mathematics 2016-01-18 Pierre Henry-Labordère , Jan Obłój , Peter Spoida , Nizar Touzi

Stochastic hybrid inclusions (SHIs) address situations with the stochastic continuous evolution in a stochastic differential inclusions and random jumps in the difference inclusions due to the forced (the state reaching a boundary in the…

Systems and Control · Electrical Eng. & Systems 2025-09-08 Hongye Su , Dandan Zhang

We prove a Fatou-type theorem and its converse for certain positive eigenfunctions of the Laplace-Beltrami operator $\mathcal{L}$ on a Harmonic $NA$ group. We show that a positive eigenfunction $u$ of $\mathcal{L}$ with eigenvalue…

Classical Analysis and ODEs · Mathematics 2023-06-08 Swagato K. Ray , Jayanta Sarkar

We study the behaviour of a transcendental entire map $ f\colon \mathbb{C}\to\mathbb{C} $ on an unbounded invariant Fatou component $ U $, assuming that infinity is accessible from $ U $. It is well-known that $ U $ is simply connected.…

Dynamical Systems · Mathematics 2024-06-17 Anna Jové , Núria Fagella