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We construct a binomial tree model fitting all moments to the approximated geometric Brownian motion. Our construction generalizes the classical Cox-Ross-Rubinstein, the Jarrow-Rudd, and the Tian binomial tree models. The new binomial model…

Pricing of Securities · Quantitative Finance 2016-12-07 Y. S. Kim , S. Stoyanov , S. Rachev , F. Fabozzi

In this paper, we introduce a model of Brownian polymer in a continuous random environment. The asymptotic behavior of the partition function associated to this polymer measure is studied, and we are able to separate a weak and strong…

Probability · Mathematics 2007-05-23 Carles Rovira , amy Tindel

On a countable tree $T$, allowing vertices with infinite degree, we consider an arbitrary stochastic irreducible nearest neighbour transition operator $P$. We provide a boundary integral representation for general eigenfunctions of $P$ with…

Functional Analysis · Mathematics 2022-06-10 Massimo A. Picardello , Wolfgang Woess

The Brownian motion $(U^N_t)_{t\ge 0}$ on the unitary group converges, as a process, to the free unitary Brownian motion $(u_t)_{t\ge 0}$ as $N\to\infty$. In this paper, we prove that it converges strongly as a process: not only in…

Probability · Mathematics 2019-03-05 Benoit Collins , Antoine Dahlqvist , Todd Kemp

A Brownian spatial tree is defined to be a pair $(\mathcal{T},\phi)$, where $\mathcal{T}$ is the rooted real tree naturally associated with a Brownian excursion and $\phi$ is a random continuous function from $\mathcal{T}$ into…

Probability · Mathematics 2009-07-27 David A. Croydon

Partially motivated by the study of I. Binder, N. Makarov, and S. Smirnov [BMS03] on dimension spectra of polynomial Cantor sets, we initiate the investigation on some general harmonic measures, inspired by Sullivan's dictionary, for…

Dynamical Systems · Mathematics 2024-05-07 Zhiqiang Li , Ruicen Qiu

In this paper, it is presented the well known aspect of non linearity of internal human body structures. Similarity on the basis of the Fractional Brownian Motion from the static ones, as the geometrical fractals like the Intestine and…

Medical Physics · Physics 2008-06-25 Attilio Sacripanti

The Brownian excursion measure is a conformally invariant infinite measure on curves. It figured prominently in one of the first major applications of SLE, namely the explicit calculations of the planar Brownian intersection exponents from…

Probability · Mathematics 2009-05-15 Michael J. Kozdron

We study the properties of random walks on complex trees. We observe that the absence of loops reflects in physical observables showing large differences with respect to their looped counterparts. First, both the vertex discovery rate and…

Statistical Mechanics · Physics 2008-10-21 Andrea Baronchelli , Michele Catanzaro , Romualdo Pastor-Satorras

We construct the conditional version of $k$ independent and identically distributed random walks on $\R$ given that they stay in strict order at all times. This is a generalisation of so-called non-colliding or non-intersecting random…

Probability · Mathematics 2007-05-23 Peter Eichelsbacher , Wolfgang Konig

Nonintersecting motion of Brownian particles in one dimension is studied. The system is constructed as the diffusion scaling limit of Fisher's vicious random walk. N particles start from the origin at time t=0 and then undergo mutually…

Statistical Mechanics · Physics 2009-11-07 Taro Nagao , Makoto Katori , Hideki Tanemura

Brownian motion is modelled by a harmonic oscillator (Brownian particle) interacting with a continuous set of uncoupled harmonic oscillators. The interaction is linear in the coordinates and the momenta. The model has an analytical solution…

Quantum Physics · Physics 2019-08-17 Diego G. Arbo , Mario A. Castagnino , Fabian H. Gaioli , Sergio Iguri

In this paper, we will present a strong (or pathwise) approximation of standard Brownian motion by a class of orthogonal polynomials. The coefficients that are obtained from the expansion of Brownian motion in this polynomial basis are…

Numerical Analysis · Mathematics 2020-05-21 James Foster , Terry Lyons , Harald Oberhauser

We use a random walk in the ensemble of impurity configurations to generate a Brownian motion model for energy levels in disordered conductors. Treating arc-length along the random walk as fictitous time, the resulting Langevin equation…

Condensed Matter · Physics 2009-10-28 J. T. Chalker , Igor V. Lerner , Robert A. Smith

In arXiv:1609.05666v1 [math.PR] a functional limit theorem was proved. It states that symmetric processes associated with resistance metric measure spaces converge when the underlying spaces converge with respect to the…

Probability · Mathematics 2025-09-30 George Andriopoulos

We consider the harmonic measure on the Gromov boundary of a nonamenable hyperbolic group defined by a finite range random walk on the group, and study the corresponding orbit equivalence relation on the boundary. It is known to be always…

Dynamical Systems · Mathematics 2007-05-23 Masaki Izumi , Sergey Neshveyev , Rui Okayasu

Our objective is to explore random walks on the general linear group, constrained to a specific domain, with a primary focus on establishing the conditioned local limit theorem. This paper marks the initial stride toward achieving this…

Probability · Mathematics 2024-10-10 Ion Grama , Jean-François Quint , Hui Xiao

The goal of this paper is to establish a relation between characteristic polynomials of $N\times N$ GUE random matrices $\mathcal{H}$ as $N\to\infty$, and Gaussian processes with logarithmic correlations. We introduce a regularized version…

Mathematical Physics · Physics 2016-09-05 Y. V. Fyodorov , B. A. Khoruzhenko , N. J. Simm

Some asymptotic properties of a Brownian motion in multifractal time, also called multifractal random walk, are established. We show the almost sure and $L^1$ convergence of its structure function. This is an issue directly connected to the…

Probability · Mathematics 2009-05-22 Laurent Duvernet

We consider a family $b_{s,\tau}$ of free multiplicative Brownian motions labeled by a real variance parameter $s$ and a complex covariance parameter $\tau$. We then consider the element $xb_{s,\tau}$, where $x$ is non-negative and freely…

Probability · Mathematics 2025-11-04 Brian C. Hall , Sorawit Eaknipitsari
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