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The aim of this paper is to present the new results concerning some functionals of Brownian motion with drift and present their applications in financial mathematics. We find a probabilistic representation of the Laplace transform of…

Probability · Mathematics 2011-02-02 Jacek Jakubowski , Maciej Wisniewolski

The stochastic motion of a particle with long-range correlated increments (the moving phase) which is intermittently interrupted by immobilizations (the traping phase) in a disordered medium is considered in the presence of an external…

Statistical Mechanics · Physics 2023-08-31 Yingjie Liang , Wei Wang , Ralf Metzler

Brownian motion is the only random process which is Gaussian, stationary and Markovian. Dropping the Markovian property, i.e. allowing for memory, one obtains a class of processes called fractional Brownian motion, indexed by the Hurst…

Statistical Mechanics · Physics 2016-07-27 Mathieu Delorme , Kay Jörg Wiese

Since Newton's time, deterministic causality has been considered a crucial prerequisite in any fundamental theory in physics. In contrast, the present work investigates stochastic dynamical models for motion in one spatial dimension, in…

Statistical Mechanics · Physics 2025-02-04 Bing Miao , Hong Qian , Yong-Shi Wu

Consider a random walker on the nonnegative lattice, moving in continuous time, whose positive transition intensity is proportional to the time the walker spends at the origin. In this way, the walker is a jump process with a stochastic and…

Probability · Mathematics 2021-02-18 Clayton Barnes

The Boltzmann Machine (BM) is a neural network composed of stochastically firing neurons that can learn complex probability distributions by adapting the synaptic interactions between the neurons. BMs represent a very generic class of…

Mesoscale and Nanoscale Physics · Physics 2021-09-16 Brian Kiraly , Elze J. Knol , Hilbert J. Kappen , Alexander A. Khajetoorians

Multifractional Brownian motion is an extension of the well-known fractional Brownian motion where the Holder regularity is allowed to vary along the paths. In this paper, two kind of multi-parameter extensions of mBm are studied: one is…

Probability · Mathematics 2007-05-23 E. Herbin

Fractional Brownian motion belongs to a class of long memory Gaussian processes that can be represented as linear functionals of an infinite dimensional Markov process. This representation leads naturally to: - An efficient algorithm to…

Probability · Mathematics 2007-05-23 Philippe Carmona , Laure Coutin

Fractional Brownian motions(fBMs) are not semimartingales so the classical theory of It\^o integral can't apply to fBMs. Wick integration as one of the applications of Malliavin calculus to stochastic analysis is a fine definition for fBMs.…

Probability · Mathematics 2025-04-01 Chunhao Cai , Cong Zhang

Many properties of Brownian motion on spaces with varying dimension (BMVD in abbreviation) have been explored in [5]. In this paper, we study Brownian motion with drift on spaces with varying dimension (BMVD with drift in abbreviation).…

Probability · Mathematics 2018-07-03 Shuwen Lou

Neural Linear Models (NLM) are deep Bayesian models that produce predictive uncertainties by learning features from the data and then performing Bayesian linear regression over these features. Despite their popularity, few works have…

Machine Learning · Statistics 2021-12-17 Sujay Thakur , Cooper Lorsung , Yaniv Yacoby , Finale Doshi-Velez , Weiwei Pan

This paper presents a new prediction model for time series data by integrating a time-varying Geometric Brownian Motion model with a pricing mechanism used in financial engineering. Typical time series models such as Auto-Regressive…

Applications · Statistics 2020-01-01 Abdullah AlShelahi , Jingxing Wang , Mingdi You , Eunshin Byon , Romesh Saigal

In this paper, we propose a data-driven framework for model discovery of stochastic differential equations (SDEs) from a single trajectory, without requiring the ergodicity or stationary assumption on the underlying continuous process. By…

Statistical Finance · Quantitative Finance 2026-01-12 Munawar Ali , Purba Das , Qi Feng , Liyao Gao , Guang Lin

We study the nonparametric Nadaraya-Watson estimator of the drift function for ergodic stochastic processes driven by fractional Brownian motion of Hurst parameter H > 1/2. The estimator is based on the discretely observed stochastic…

Statistics Theory · Mathematics 2022-05-03 Han Yuecai , Zhang Dingwen

This paper derives a complete analytical solution for the probability distribution of the configuration of a non-holonomic vehicle that moves in two spatial dimensions by satisfying the unicycle kinematic constraints and in presence of…

Robotics · Computer Science 2015-01-15 Agostino Martinelli

Node-perturbation learning is a type of statistical gradient descent algorithm that can be applied to problems where the objective function is not explicitly formulated, including reinforcement learning. It estimates the gradient of an…

Machine Learning · Statistics 2017-06-22 Kazuyuki Hara , Kentaro Katahira , Masato Okada

The Generalized fractional Brownian motion (gfBm) is a stochastic process that acts as a generalization for both fractional, sub-fractional, and standard Brownian motion. Here we study its use as the main driver for price fluctuations,…

Mathematical Finance · Quantitative Finance 2023-11-14 Axel A. Araneda

Motivated by applications in queueing theory, we consider a stochastic control problem whose state space is the $d$-dimensional positive orthant. The controlled process $Z$ evolves as a reflected Brownian motion whose covariance matrix is…

Systems and Control · Electrical Eng. & Systems 2024-08-09 Baris Ata , J. Michael Harrison , Nian Si

This paper focuses on the numerical scheme for delay-type stochastic McKean-Vlasov equations (DSMVEs) driven by fractional Brownian motion with Hurst parameter $H\in (0,1/2)\cup (1/2,1)$. The existence and uniqueness of the solutions to…

Numerical Analysis · Mathematics 2024-05-28 Shuaibin Gao , Qian Guo , Zhuoqi Liu , Chenggui Yuan

In this paper we introduce a definition of a multi-dimensional fractional Brownian motion of Hurst index $H \in (0, 1)$ under volatility uncertainty (in short G-fBm). We study the properties of such a process and provide first results about…

Probability · Mathematics 2024-12-03 Francesca Biagini , Andrea Mazzon , Katharina Oberpriller