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Despite the success of fractional Brownian motion (fBm) in modeling systems that exhibit anomalous diffusion due to temporal correlations, recent experimental and theoretical studies highlight the necessity for a more comprehensive approach…

Statistical Mechanics · Physics 2024-07-02 Adrian Pacheco-Pozo , Diego Krapf

These lectures notes aim at introducing L\'{e}vy processes in an informal and intuitive way, accessible to non-specialists in the field. In the first part, we focus on the theory of L\'{e}vy processes. We analyze a `toy' example of a…

Pricing of Securities · Quantitative Finance 2008-12-02 Antonis Papapantoleon

In this paper we discuss a closed-form approximation of the likelihood functions of an arbitrary diffusion process. The approximation is based on an exponential ansatz of the transition probability for a finite time step $\Delta t$, and a…

Physics and Society · Physics 2008-12-10 Luca Capriotti

Using simple kinematical arguments, we derive the Fokker-Planck equation for diffusion processes in curved spacetimes. In the case of Brownian motion, it coincides with Eckart's relativistic heat equation (albeit in a simpler form), and…

Statistical Mechanics · Physics 2015-03-19 Matteo Smerlak

The diffusive motion of overdamped Brownian particles in tilted piecewise linear pontentials is considered. It is shown that the enhancement of diffusion coefficient by an external static force is quite sensitive to the symmetry of periodic…

Soft Condensed Matter · Physics 2007-05-23 Els Heinsalu , Risto Tammelo , Teet Ord

Continuous time random walks are non-Markovian stochastic processes, which are only partly characterized by single-time probability distributions. We derive a closed evolution equation for joint two-point probability density functions of a…

Statistical Mechanics · Physics 2009-11-13 A. Baule , R. Friedrich

We study a second-order parabolic equation with divergence form elliptic operator, having piecewise constant diffusion coefficients with two points of discontinuity. Such partial differential equations appear in the modelization of…

Probability · Mathematics 2013-12-31 Zhen-Qing Chen , Mounir Zili

These lecture notes discuss several related features of the exactly solvable two-dimensional corner growth model with exponentially distributed weights. A key property of this model is the availability of a fairly explicit stationary…

Probability · Mathematics 2020-09-01 Timo Seppäläinen

In this paper the moment generating function of two-sided boundary functionals for double exponential jump diffusion processes are treated.

Probability · Mathematics 2013-11-08 Ievgen Karnaukh

The distribution of a time integral of geometric Brownian motion is not well understood. To price an Asian option and to obtain measures of its dependence on the parameters of time, strike price, and underlying market price, it is essential…

Pricing of Securities · Quantitative Finance 2008-12-02 Jungmin Choi , Kyounghee Kim

Overdamped motion of Brownian particles in tilted piecewise linear periodic potentials is considered. Explicit algebraic expressions for the diffusion coefficient, current, and coherence level of Brownian transport are derived. Their…

Soft Condensed Matter · Physics 2009-11-10 Els Heinsalu , Risto Tammelo , Teet Ord

The diffusion in two dimensions of non-interacting active particles that follow an arbitrary motility pattern is considered for analysis. Accordingly, the transport equation is generalized to take into account an arbitrary distribution of…

Statistical Mechanics · Physics 2020-09-01 Francisco J. Sevilla

We prove that for a general diffusion process, certain assumptions on its behavior \emph{only within a fixed open subset} of the state space imply the existence and sub-Gaussian type off-diagonal upper bounds of the \emph{global} heat…

Probability · Mathematics 2015-07-07 Alexander Grigor'yan , Naotaka Kajino

In this paper we apply the spectral theory of linear diffusions to study the one-dimensional Liouville Brownian Motion and Liouville Brownian excursions from a given point. As an application we estimate the fractal dimensions of level sets…

Probability · Mathematics 2017-05-05 Xiong Jin

Area fluctuations of a Brownian excursion are described by the Airy distribution, which found applications in different areas of physics, mathematics and computer science. Here we generalize this distribution to describe the area…

Statistical Mechanics · Physics 2021-04-01 B. Meerson

We propose new equations of motion under the theory of the Brownian motion to connect the states of quantum, diffusion, soliton, and periodic localization. The new equations are nothing but the classical equations of motion with two…

Mesoscale and Nanoscale Physics · Physics 2011-07-22 Hajime Isimori

We consider parameterized exponential integrals coming from the time evolution of the probability distribution of Brownian motion on globally subanalytic sets. We establish definability results and asymptotic expansions.

Classical Analysis and ODEs · Mathematics 2017-10-20 Tobias Kaiser , Julia Ruppert

This paper reviews the formulation of the Feynman-Vernon model of linear dissipative systems for a standard Brownian particle moving in an external potential $V(x,t)$ and introduces the formulation of a generalized oscillator model of a…

Quantum Physics · Physics 2018-03-29 Marco Patriarca

In this paper we study perpetual integral functionals of diffusions. Our interest is focused on cases where such functionals can be expressed as first hitting times for some other diffusions. In particular, we generalize the result which…

Probability · Mathematics 2007-05-23 P. Salminen , O. Wallin

This paper reviews and extends some recent results on the multivariate fractional Brownian motion (mfBm) and its increment process. A characterization of the mfBm through its covariance function is obtained. Similarly, the correlation and…

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