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Related papers: Fluctuation theory for spectrally negative L\'evy …

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A nonlinear generalization of the Fluctuation-Dissipation Theorem (FDT) for the n-point Green functions and the amputated 1PI vertex functions at finite temperature is derived in the framework of the Closed Time Path formalism. We verify…

High Energy Physics - Theory · Physics 2009-10-09 Enke Wang , Ulrich Heinz

In this article we study a class of stochastic functional differential equations driven by L\'{e}vy processes (in particular, $\alpha$-stable processes), and obtain the existence and uniqueness of Markov solutions in small time intervals.…

Probability · Mathematics 2012-11-30 Xicheng Zhang

A stochastic subgrid-scale parameterization based on the Ruelle's response theory and proposed in Wouters and Lucarini [2012] is tested in the context of a low-order coupled ocean-atmosphere model for which a part of the atmospheric modes…

Atmospheric and Oceanic Physics · Physics 2017-01-18 Jonathan Demaeyer , Stéphane Vannitsem

First passage problems for spectrally negative L\'evy processes with possible absorbtion or/and reflection at boundaries have been widely applied in mathematical finance, risk, queueing, and inventory/storage theory. Historically, such…

Probability · Mathematics 2019-11-15 Florin Avram , Danijel Grahovac , Ceren Vardar-Acar

For a positive self-similar Markov process, X, we construct a local time for the random set, $\Theta$, of times where the process reaches its past supremum. Using this local time we describe an exit system for the excursions of X out of its…

Probability · Mathematics 2012-12-10 Loïc Chaumont , Andreas Kyprianou , Juan Carlos Pardo , Víctor Rivero

Using a new approach, for spectrally negative L\'evy processes we find joint Laplace transforms involving the last exit time (from a semi-infinite interval), the value of the process at the last exit time and the associated occupation time,…

Probability · Mathematics 2016-10-05 Yingqiu Lia , Chuancun Yin , Xiaowen Zhou

Generalizing Kyprianou--Loeffen's refracted L\'evy processes, we define a new refracted L\'evy process which is a Markov process whose positive and negative motions are L\'evy processes different from each other. To construct it we utilize…

Probability · Mathematics 2019-04-08 Kei Noba , Kouji Yano

A recently developed wavelet based approach is employed to characterize the scaling behavior of spectral fluctuations of random matrix ensembles, as well as complex atomic systems. Our study clearly reveals anti-persistent behavior and…

Chaotic Dynamics · Physics 2009-11-11 P. Manimaran , Prasanta K. Panigrahi , P. Anantha Lakshmi

We study the work fluctuations of a particle subjected to a deterministic drag force plus a random forcing whose statistics is of the L\'evy type. In the stationary regime, the probability density of the work is found to have ``fat''…

Statistical Mechanics · Physics 2007-09-02 H. Touchette , E. G. D. Cohen

L\'evy processes are widely used in financial mathematics to model return data. Price processes are then defined as a corresponding geometric L\'evy process, implying the fact that returns are independent. In this paper we propose an…

Statistics Theory · Mathematics 2013-02-22 L. Gerencsér , M. Mánfay

In this paper, we solve exit problems for a L\'evy process that resets proportionally to its current position at independent Poisson epochs times. This resetting causes an additional (proportional to its current level) downward (upward)…

Probability · Mathematics 2026-05-29 Zbigniew Palmowski , Noah Beelders , Lewis Ramsden , Apostolos D. Papaioannou

We derive various exact results for Markovian systems that spontaneously relax to a non-equilibrium steady-state by using joint probability distributions symmetries of different entropy production decompositions. The analytical approach is…

Statistical Mechanics · Physics 2012-02-10 Reinaldo García-García , Vivien Lecomte , A. B. Kolton , D. Domínguez

Multifractal analysis studies signals, functions, images or fields via the fluctuations of their local regularity along time or space, which capture crucial features of their temporal/spatial dynamics. It has become a standard signal and…

Classical Analysis and ODEs · Mathematics 2016-08-03 Roberto Leonarduzzi , Herwig Wendt , Patrice Abry , Stéphane Jaffard , Clothilde Melot , Stéphane G. Roux , Maria E. Torres

We test for departures from normal and independent and identically distributed (NIID) returns, when returns under the alternative hypothesis are self-affine. Self-affine returns are either fractionally integrated and long-range dependent,…

Statistical Finance · Quantitative Finance 2014-01-29 John Goddard , Enrico Onali

This survey aims to review two decades of progress on exponential functionals of (possibly killed) real-valued L\'evy processes. Since the publication of the seminal survey by Bertoin and Yor, substantial advances have been made in…

Probability · Mathematics 2026-05-29 Martin Minchev , Mladen Savov

We develop an alternative approach to this field, which was to a large extent developed by Verbeure et al. It is meant to complement their approach, which is largely based on a non-commutative central limit theorem and coordinate space…

Mathematical Physics · Physics 2009-10-31 Manfred Requardt

This paper is concerned with the evolution dynamics of local times of a spectrally positive stable process in the spatial direction. The main results state that conditioned on the finiteness of the first time at which the local time at zero…

Probability · Mathematics 2024-01-31 Wei Xu

We prove a measure-theoretic identity that underlies all transient fluctuation theorems (TFTs) for entropy production and dissipated work in inhomogeneous deterministic and stochastic processes, including those of Evans and Searles, Crooks,…

Mathematical Physics · Physics 2015-05-18 Benjamin Hertz Shargel

As a generalization of scale functions of spectrally negative L\'evy processes, we define scale functions of general standard processes with no positive jumps. For this purpose, we utilize excursion measures. Using our new scale functions…

Probability · Mathematics 2018-04-24 Kei Noba

We discuss the impact of finite particle losses associated with instrumental effects in measurements of moments of produced multiplicities with the Identity Method towards the evaluation of fluctuation measures such as $\nu_{dyn}$. We show…

Data Analysis, Statistics and Probability · Physics 2017-11-22 Claude A. Pruneau