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We develop a non-parametric, semimartingale optimal transport, calibration methodology for local volatility models with stochastic interest rate. The method finds a fully calibrated model which is the closest, in a way that can be defined…

Mathematical Finance · Quantitative Finance 2025-05-08 Benjamin Joseph , Gregoire Loeper , Jan Obloj

This paper establishes results on the existence and uniqueness of solutions to McKean-Vlasov equations, also called mean-field stochastic differential equations, in an infinite-dimensional Hilbert space setting with irregular drift. Here,…

Probability · Mathematics 2019-12-17 Martin Bauer , Thilo Meyer-Brandis

A strong quasi-invariance principle and a finite-dimensional integration by parts formula as in the Bismut approach to Malliavin calculus are obtained through a suitable application of Lie's symmetry theory to autonomous stochastic…

Probability · Mathematics 2023-07-12 Francesco C. De Vecchi , Paola Morando , Stefania Ugolini

The novel functional dimensional regularization (FDR) scheme has proven capable of yielding results that are competitive with the state-of-the-art in the computation of critical exponents in $d=3$, while also reproducing those from the…

High Energy Physics - Theory · Physics 2026-04-30 P. Beretta , A. Codello

In this paper we investigate a model for quantum gravity on finite noncommutative spaces using the theory of blobbed topological recursion. The model is based on a particular class of random finite real spectral triples ${(\mathcal{A},…

Mathematical Physics · Physics 2024-05-14 Shahab Azarfar , Masoud Khalkhali

In the setting of stochastic Volterra equations, and in particular rough volatility models, we show that conditional expectations are the unique classical solutions to path-dependent PDEs. The latter arise from the functional It\^o formula…

Probability · Mathematics 2026-05-27 Ofelia Bonesini , Antoine Jacquier , Alexandre Pannier

It is well-known that Brownian ratchets can exhibit current reversals, wherein the sign of the current switches as a function of the driving frequency. We introduce a spatial discretization of such a two-dimensional Brownian ratchet to…

Statistical Mechanics · Physics 2020-08-07 Nils E. Strand , Rueih-Sheng Fu , Todd R. Gingrich

We start by considering infinite dimensional Markovian dynamics in R^m generated by operators of hypocoercive type and for such models we obtain short and long time pointwise estimates for all the derivatives, of any order and in any…

Mathematical Physics · Physics 2016-03-15 V. Kontis , M. Ottobre , B. Zegarlinski

A geometric p-rough path can be seen to be a genuine path of finite p-variation with values in a Lie group equipped with a natural distance. The group and its distance lift (R^{d},+,0) and its Euclidean distance. This approach allows us to…

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

We here adapt an extended version of the adaptive cubic regularisation method with dynamic inexact Hessian information for nonconvex optimisation in [3] to the stochastic optimisation setting. While exact function evaluations are still…

Numerical Analysis · Mathematics 2020-09-15 Stefania Bellavia , Gianmarco Gurioli

Fine regularity of stochastic processes is usually measured in a local way by local H\"older exponents and in a global way by fractal dimensions. Following a previous work of Adler, we connect these two concepts for multiparameter Gaussian…

Probability · Mathematics 2012-06-05 Erick Herbin , Benjamin Arras , Geoffroy Barruel

The aim of this paper is to obtain an estimation of Hausdorff as well as fractal dimensions of random attractors for a class of stochastic partial differential equations with delay. The stochastic equation is first transformed into a…

Probability · Mathematics 2023-02-14 Wenjie Hu , Tomás Caraballo

In this paper, we will focus - in dimension one - on the SDEs of the type dX_t=s(X_t)dB_t+b(X_t)dt where B is a fractional Brownian motion. Our principal motivation is to describe one of the simplest theory - from our point of view -…

Probability · Mathematics 2007-10-18 Ivan Nourdin

We consider two kinds of higher dimensional models which upon dimensional reduction lead to Jordan-Brans-Dicke type effective actions in four dimensions with the scale factor of the extra dimensions playing the role of the JBD field. These…

General Relativity and Quantum Cosmology · Physics 2009-10-30 A. S. Majumdar

In energy markets, joint historical and implied calibration is of paramount importance for practitioners, yet notoriously challenging due to the need to align historical correlations of futures contracts with implied volatility smiles from…

Mathematical Finance · Quantitative Finance 2026-04-29 Eduardo Abi Jaber , Soukaïna Bruneau , Nathan De Carvalho , Dimitri Sotnikov , Laurent Tur

We prove existence and uniqueness of the solution of a stochastic shell--model. The equation is driven by an infinite dimensional fractional Brownian--motion with Hurst--parameter $H\in (1/2,1)$, and contains a non--trivial coefficient in…

Analysis of PDEs · Mathematics 2014-10-27 Hakima Bessaih , María J. Garrido-Atienza , Björn Schmalfuss

Mechanical systems (i.e., one-dimensional field theories) with constraints are the focus of this paper. In the classical theory, systems with infinite-dimensional targets are considered as well (this then encompasses also higher-dimensional…

Mathematical Physics · Physics 2022-07-01 Alberto S. Cattaneo , Pavel Mnev , Konstantin Wernli

Using the large deviation principle (LDP) for a re-scaled fractional Brownian motion $B^H_t$ where the rate function is defined via the reproducing kernel Hilbert space, we compute small-time asymptotics for a correlated fractional…

Pricing of Securities · Quantitative Finance 2021-03-17 Martin Forde , Hongzhong Zhang

In this work we study the smoothing effect of rough differential equations driven by a fractional Brownian motion with parameter $H>1/4$. The regularization estimates we obtain generalize to the fractional Brownian motion previous results…

Probability · Mathematics 2013-04-18 Fabrice Baudoin , Cheng Ouyang , Xuejing Zhang

Our monograph presents the foundations of the theory of groups and semigroups acting isometrically on Gromov hyperbolic metric spaces. Our work unifies and extends a long list of results by many authors. We make it a point to avoid any…

Dynamical Systems · Mathematics 2018-11-22 Tushar Das , David Simmons , Mariusz Urbański
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