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In this paper we establish the error rate of first order asymptotic approximation for the tail probability of sums of log-elliptical risks. Our approach is motivated by extreme value theory which allows us to impose only some weak…

Probability · Mathematics 2014-12-12 D. Kortschak , E. Hashorva

The reflected process of a random walk or L\'evy process arises in many areas of applied probability, and a question of particular interest is how the tail of the distribution of the heights of the excursions away from zero behaves…

Probability · Mathematics 2017-08-09 R. A. Doney , Philip S. Griffin

We numerically compute the flow of an electrically conducting fluid in a Taylor-Couette geometry where the rotation rates of the inner and outer cylinders satisfy $\Omega_o/\Omega_i=(r_o/r_i)^{-3/2}$. In this quasi-Keplerian regime a…

Fluid Dynamics · Physics 2017-10-25 Anna Guseva , Rainer Hollerbach , Ashley P. Willis , Marc Avila

We take the first step in extending the integrability approach to one-point functions in AdS/dCFT to higher loop orders. More precisely, we argue that the formula encoding all tree-level one-point functions of SU(2) operators in the defect…

High Energy Physics - Theory · Physics 2018-01-03 Isak Buhl-Mortensen , Marius de Leeuw , Asger C. Ipsen , Charlotte Kristjansen , Matthias Wilhelm

The late-time growth of single-mode immiscible Rayleigh-Taylor instability is investigated over a comprehensive range of the Reynolds numbers ($1\leq Re \leq 10000$) and Atwood numbers $(0.05 \leq A \leq 0.7)$ using an improved lattice…

Fluid Dynamics · Physics 2024-06-19 Haowei Huang , Zhenhua Xia , Hong Liang , Yajing Zong , Jiangrong Xu

For theories that exhibit second order phase transition, we conjecture that the large-order asymptotic behavior of the strong-coupling ( High-Temperature) series expansion takes the form $\sigma^{n} n^{b}$ where $b$ is a universal…

Statistical Mechanics · Physics 2022-02-14 Abouzeid M. Shalaby

We consider two sharp next-order asymptotics problems, namely the asymptotics for the minimum energy for optimal point configurations and the asymptotics for the many-marginals Optimal Transport, in both cases with Riesz costs with inverse…

Mathematical Physics · Physics 2019-04-02 Codina Cotar , Mircea Petrache

In this work we study the asymptotic behavior of solutions for a general linear second-order evolution differential equation in time with fractional Laplace operators in $\mathbb{R}^n$. We obtain improved decay estimates with less demand on…

Analysis of PDEs · Mathematics 2018-02-06 M. F. G. Palma , C. R. da Luz

In exponential semi-martingale setting for risky asset we estimate the difference of prices of options when initial physical measure $P$ and corresponding martingale measure $Q$ change to $\tilde{P}$ and $\tilde{Q}$ respectively. Then, we…

Probability · Mathematics 2018-03-14 L. Vostrikova

In this paper we derive non-classical Tauberian asymptotic at infinity for the tail, the density and the derivatives thereof of a large class of exponential functionals of subordinators. More precisely, we consider the case when the L\'evy…

Probability · Mathematics 2023-08-30 Martin Minchev , Mladen Savov

The z-transform technique is used to investigate the model for distribution of high-tax payers, which is proposed by two of the authors (K. Y and S. M) and others. Our analysis shows an asymptotic power-law of this model with the exponent…

This paper develops general approaches for pricing various types of American-style Parisian options (down-in/-out, perpetual/finite-maturity) with general payoff functions based on continuous-time Markov chain (CTMC) approximation under…

Computational Finance · Quantitative Finance 2025-03-17 Yuhao Liu , Nian Yang , Gongqiu Zhang

Classical Edgeworth expansions provide asymptotic correction terms to the Central Limit Theorem (CLT) up to an order that depends on the number of moments available. In this paper, we provide subsequent correction terms beyond those given…

Probability · Mathematics 2011-03-23 Henry Lam , Jose Blanchet , Damian Burch , Martin Z. Bazant

We propose an extension of the preferential attachment scheme by allowing the connecting probability to depend on time t. We estimate the parameters involved in the model by minimizing the expected squared difference between the number of…

Methodology · Statistics 2022-04-26 Bo Zhang , Hanyang Tian , Guangming Pan

Consider a system of particles performing nearest neighbor random walks on the lattice $\ZZ$ under hard--core interaction. The rate for a jump over a given bond is direction--independent and the inverse of the jump rates are i.i.d. random…

Probability · Mathematics 2007-09-05 A. Faggionato , M. Jara , C. Landim

We consider a quite general problem concerning a linear free oscillation of a discrete mass-spring-damper system. This discrete sub-system is embedded into a one-dimensional continuum medium described by the linear telegraph equation. In a…

Classical Physics · Physics 2024-11-15 Serge N. Gavrilov , Ilya O. Poroshin , Ekaterina V. Shishkina , Yulia A. Mochalova

This article deals with the asymptotic behaviour as $t\to +\infty$ of the survival function $P[T > t],$ where $T$ is the first passage time above a non negative level of a random process starting from zero. In many cases of physical…

Probability · Mathematics 2012-03-30 Frank Aurzada , Thomas Simon

Let $X$ be a real valued L\'evy process that is in the domain of attraction of a stable law without centering with norming function $c.$ As an analogue of the random walk results in \cite{vw} and \cite{rad} we study the local behaviour of…

Probability · Mathematics 2011-07-25 Ronald Doney , Victor Rivero

We present sharp tail asymptotics for the density and the distribution function of linear combinations of correlated log-normal random variables, that is, exponentials of components of a correlated Gaussian vector. The asymptotic behavior…

Probability · Mathematics 2016-01-07 Archil Gulisashvili , Peter Tankov

We prove a law of large numbers and functional central limit theorem for a class of multivariate Hawkes processes with time-dependent reproduction rate. We address the difficulties induced by the use of non-convolutive Volterra processes by…

Probability · Mathematics 2025-01-30 Thomas Deschatre , Pierre Gruet , Antoine Lotz
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