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This paper begins by giving an historical context to fractional Brownian Motion and its development. Section 2 then introduces the fractional calculus, from the Riemann-Liouville perspective. In Section 3, we introduce Brownian motion and…

Probability · Mathematics 2014-01-14 Benjamin McGonegal

It is well known that Brownian motion enjoys several distributional invariances such as the scaling property and the time reversal. In this paper, we prove another invariance of Brownian motion that is compatible with the time reversal. The…

Probability · Mathematics 2023-10-20 Yuu Hariya

We develop the rough path counterpart of It\^o stochastic integration and - differential equations driven by general semimartingales. This significantly enlarges the classes of (It\^o / forward) stochastic differential equations treatable…

Probability · Mathematics 2017-09-18 Peter K. Friz , Huilin Zhang

In the context of a noncommutative differential calculus on the algebra of real valued functions of an $n$-dimensional manifold $M$, a commutative and associative product of 1-forms is naturally defined. Ordinary differential calculus…

q-alg · Mathematics 2008-02-03 A. Dimakis , C. Tzanakis

We argue that there should exist a "noncommutative Fourier transform" which should identify functions of noncommutative variables (say, of matrices of indeterminate size) and ordinary functions or measures on the space of paths. Some…

Quantum Algebra · Mathematics 2007-05-23 M. Kapranov

In these lecture notes, we explore the mathematical preliminaries and foundational concepts that connect stochastic processes with partial differential equations. We begin by investigating Brownian motion, which serves as a model for random…

Probability · Mathematics 2025-09-15 Helder Rojas

In this note we review recent results on existence and uniqueness of solutions of infinite-dimensional stochastic differential equations describing interacting Brownian motions on $\R^d$.

Probability · Mathematics 2016-05-17 Hirofumi Osada , Hideki Tanemura

Exact generalized stochastic representation of deterministic interaction between two dynamical (quantum or classical) systems is derived which helps when considering one of them to replace another by equivalent commutative ($c$-number…

Statistical Mechanics · Physics 2007-05-23 Yuriy E. Kuzovlev

Rough path analysis can be developed using the concept of controlled paths, and with respect to a topology in which L\'evy's area plays a role. For vectors of irregular paths we investigate the relationship between the property of being…

Probability · Mathematics 2017-04-26 Peter Imkeller , David J. Prömel

Malliavin Calculus can be seen as a differential calculus on Wiener spaces. We present the notion of stochastic manifold for which the Malliavin Calculus plays the same role as the classical differential calculus for the differential…

Probability · Mathematics 2014-06-05 Anatole Khelif , Alain Tarica

We present the basic elements of a generalization of symmetric function theory involving functions of commuting and anticommuting (Grassmannian) variables. These new functions, called symmetric functions in superspace, are invariant under…

Combinatorics · Mathematics 2012-08-13 Patrick Desrosiers , Luc Lapointe , Pierre Mathieu

An innovative extension of Geometric Brownian Motion model is developed by incorporating a weighting factor and a stochastic function modelled as a mixture of power and trigonometric functions. Simulations based on this Modified Brownian…

Pricing of Securities · Quantitative Finance 2015-07-09 Gurjeet Dhesi , Muhammad Bilal Shakeel , Ling Xiao

Non-typical transport phenomena may arise when randomly driven particles remain in an active relationship with the environment instead of being passive. If we attribute to Brownian particles an ability to induce alterations of the…

Statistical Mechanics · Physics 2009-10-31 Piotr Garbaczewski

In this paper we construct a theory of stochastic integration of processes with values in $\mathcal{L}(H,E)$, where $H$ is a separable Hilbert space and $E$ is a UMD Banach space (i.e., a space in which martingale differences are…

Probability · Mathematics 2007-08-22 J. M. A. M. van Neerven , M. C. Veraar , L. Weis

Anderson's nonstandard construction of brownian motion as an infinitesimal random walk on the euclidean line is generalized to an Hausdorff riemannian manifold. A nonstandard Feynman-Kac formula holding on such an Hausdorff riemannian…

Mathematical Physics · Physics 2007-05-23 Gavriel Segre

Expectations of path integrals of killed stochastic processes play a central role in several applications across physics, chemistry, and finance. Simulation-based evaluation of these functionals is often biased and numerically expensive due…

Probability · Mathematics 2025-08-06 Henrique B. N. Monteiro , Daniel M. Tartakovsky

We develop a general framework for pathwise stochastic integration that extends F\"ollmer's classical approach beyond gradient-type integrands and standard left-point Riemann sums and provides pathwise counterparts of It\^o, Stratonovich,…

Probability · Mathematics 2025-07-24 Purba Das , Anna P. Kwossek , David J. Prömel

These notes rigorously construct the stochastic integral of a Hilbert Space valued process driven by a Cylindrical Brownian Motion. We expand upon this stochastic calculus to present an introduction to stochastic differential equations in…

Probability · Mathematics 2023-09-15 Daniel Goodair

We consider anticipative Stratonovich stochastic differential equations driven by some stochastic process (not necessarily a semi-martingale). No adaptedness of initial point or vector fields is assumed. Under a simple condition on the…

Probability · Mathematics 2007-05-23 Laure Coutin , Peter Friz , Nicolas Victoir

We construct a pathwise calculus for functionals of integer-valued measures and use it to derive an martingale representation formula with respect to a large class of integer-valued random measures. Using these results, we extend the…

Probability · Mathematics 2020-02-28 Pierre M. Blacque-Florentin , Rama Cont