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We present a new proof of the extended arc-sine law related to Walsh's Brownian motion, known also as Brownian spider. The main argument mimics the scaling property used previously, in particular by D. Williams in the 1-dimensional Brownian…

Probability · Mathematics 2013-01-01 Stavros Vakeroudis , Marc Yor

In this paper, we study the discrete-time approximation schemes for a class of backward stochastic differential equations driven by $G$-Brownian motion ($G$-BSDEs) which corresponds to the hedging pricing of European contingent claims. By…

Numerical Analysis · Mathematics 2024-09-24 Lianzi Jiang , Mingshang Hu

Let $X$ be a squared Bessel process. Following a Feynman-Kac approach, the Laplace transforms of joint laws of $(U, \int_0^{R_y}X_s^p\,ds)$ are studied where $R_y$ is the first hitting time of $y$ by $X$ and $U$ is a random variable…

Probability · Mathematics 2015-06-08 Umut Çetin

In this paper we present a fast and accurate numerical algorithm for the computation of hyperspherical Bessel functions of large order and real arguments. For the hyperspherical Bessel functions of closed type, no stable algorithm existed…

Instrumentation and Methods for Astrophysics · Physics 2017-06-27 Thomas Tram

In that paper, we provide a new characterization of the solutions of specific reflected backward stochastic differential equations (or RBSDEs) whose driver $g$ is convex and has quadratic growth in its second variable: this is done by…

Pricing of Securities · Quantitative Finance 2008-12-02 Marie-Amelie Morlais

In this paper, we study a collection of mean-reflected backward stochastic differential equations driven by $G$-Brownian motions ($G$-BSDEs), where $G$-expectations are constrained in some time-dependent intervals. To establish…

Probability · Mathematics 2024-07-26 Zihao Gu , Hui Zhao

In this paper, we first study one-dimensional quadratic backward stochastic differential equations driven by $G$-Brownian motions ($G$-BSDEs) with unbounded terminal values. With the help of a $\theta$-method of Briand and Hu [4] and…

Probability · Mathematics 2021-01-28 Ying Hu , Shanjian Tang , Falei Wang

In this paper, we introduce the idea of stochastic integrals with respect to an increasing process in the $G$-framework and extend $G$-It\^o's formula. Moreover, we study the solvability of the scalar valued stochastic differential…

Probability · Mathematics 2015-10-07 Yiqing Lin

In this paper we pursue and complete the study of the simulation of the hitting time of some given boundaries for Bessel processes. These problems are of great interest in many application fields as finance and neurosciences. In a previous…

Probability · Mathematics 2014-01-21 Madalina Deaconu , Samuel Herrmann

In this paper we find a pathwise decomposition of a certain class of Brownian semistationary processes ($\mathcal{BSS}$) in terms of fractional Brownian motions. To do this, we specialize in the case when the kernel of the $\mathcal{BSS}$…

Probability · Mathematics 2017-10-17 Orimar Sauri

Gaussian Process state-space models capture complex temporal dependencies in a principled manner by placing a Gaussian Process prior on the transition function. These models have a natural interpretation as discretized stochastic…

Machine Learning · Computer Science 2022-02-24 Krista Longi , Jakob Lindinger , Olaf Duennbier , Melih Kandemir , Arto Klami , Barbara Rakitsch

We establish Harnack inequality and shift Harnack inequality for stochastic differential equation driven by $G$-Brownian motion. As applications, the uniqueness of invariant linear expectations and estimates on the $\sup$-kernel are…

Probability · Mathematics 2018-08-28 Fenfen Yang

The Bessel process with parameter $D>1$ and the Dyson model of interacting Brownian motions with coupling constant $\beta >0$ are extended to the processes in which the drift term and the interaction terms are given by the logarithmic…

Probability · Mathematics 2016-10-11 Makoto Katori

This paper introduces a matrix analog of the Bessel processes, taking values in the closed set $E$ of real square matrices with nonnegative determinant. They are related to the well-known Wishart processes in a simple way: the latter are…

Probability · Mathematics 2015-06-24 Martin Larsson

The nonabelian tensor square $G\otimes G$ of a polycyclic group $G$ is a polycyclic group and its structure arouses interest in many contexts. The same assertion is still true for wider classes of solvable groups. This motivated us to work…

Group Theory · Mathematics 2012-06-20 Ahmad Erfanian , Francesco G. Russo , Nor Haniza Sarmin

We introduce a notion of nonlinear expectation --G--expectation-- generated by a nonlinear heat equation with infinitesimal generator G. We first discuss the notion of G-standard normal distribution. With this nonlinear distribution we can…

Probability · Mathematics 2007-05-23 Shige Peng

For automorphic representations in the nontempered cuspidal spectrum of $\mathrm{SO}_5$, we prove the refined Gan-Gross-Prasad conjecture by establishing a precise Bessel period formula, in which the square of the global Bessel period is…

Number Theory · Mathematics 2021-05-11 Yannan Qiu

In this paper, we study the reflected backward stochastic differential equations driven by G-Brownian motion with two reflecting obstacles, which means that the solution lies between two prescribed processes. A new kind of approximate…

Probability · Mathematics 2019-12-13 Hanwu Li , Yongsheng Song

A method to construct transition curves using a family of the quartic Bezier spiral is described. The transition curves discussed are S-shape and C-shape of contact, between two separated circles. A spiral is a curve of monotone increasing…

Graphics · Computer Science 2013-05-01 Azhar Ahmad , R. Gobithasan , Jamaluddin Md. Ali

The present paper investigates Cox-Ingersoll-Ross (CIR) processes of dimension less than 1, with a focus on obtaining an equation of a new type including local times for the square root of the CIR process. We utilize the fact that…

Probability · Mathematics 2023-03-24 Yuliya Mishura , Andrey Pilipenko , Anton Yurchenko-Tytarenko