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Related papers: Integral Equations in the Theory of Levy Processes

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In this paper we derive explicit formulas for the densities of Levy walks. Our results cover both jump-first and wait-first scenarios. The obtained densities solve certain fractional differential equations involving fractional material…

Analysis of PDEs · Mathematics 2015-04-23 Marcin Magdziarz , Tomasz Zorawik

We consider a general d-dimensional Levy-type process with killing. Combining the classical Dyson series approach with a novel polynomial expansion of the generator A(t) of the Levy-type process, we derive a family of asymptotic…

Computational Finance · Quantitative Finance 2014-12-01 Matthew Lorig , Stefano Pagliarani , Andrea Pascucci

We consider a L\'evy process $Y(t)$ that is not permanently observed, but rather inspected at Poisson($\omega$) moments only, over an exponentially distributed time $T_\beta$ with parameter $\beta$. The focus lies on the analysis of the…

Probability · Mathematics 2021-10-26 Onno Boxma , Michel Mandjes

We study recurrence and transience for L\'{e}vy processes induced by topological transformation groups. In particular the transience-recurrence dichotomy in terms of potential measures is established and transience is shown to be equivalent…

Probability · Mathematics 2011-03-22 David Applebaum

Various characterizations for fractional Levy process to be of finite variation are obtained, one of which is in terms of the characteristic triplet of the driving Levy process, while others are in terms of differentiability properties of…

Probability · Mathematics 2021-05-31 Christian Bender , Alexander Lindner , Markus Schicks

As an analogue to the explicit formula in the stable case, the asymptotic behavior at the origin of the renormalized zero resolvent of one-dimensional L\'evy processes is studied under certain regular variation conditions on the…

Probability · Mathematics 2026-02-06 Kouji Yano , Mingdong Zhao

We consider rough paths with jumps. In particular, the analogue of Lyons' extension theorem and rough integration are established in a jump setting, offering a pathwise view on stochastic integration against cadlag processes. A class of…

Probability · Mathematics 2014-12-01 Peter Friz , Atul Shekhar

We discuss dual time evolution scenarios which, albeit running according to the same real time clock, in each considered case may be mapped among each other by means of an analytic continuation in time. This dynamical duality is a generic…

Statistical Mechanics · Physics 2009-09-18 Piotr Garbaczewski

In this paper we consider the existence of weakly c\`adl\`ag versions of a solution to a linear equation in a Hilbert space $H$, driven by a Levy process taking values in a Hilbert space $U$. In particular we are interested in diagonal type…

Probability · Mathematics 2020-08-17 Witold Bednorz , Anna Talarczyk

Exotic stochastic processes are shown to emerge in the quantum evolution of complex systems. Using influence function techniques, we consider the dynamics of a system coupled to a chaotic subsystem described through random matrix theory. We…

chao-dyn · Physics 2009-10-31 Dimitri Kusnezov , Aurel Bulgac , Giu Do Dang

It is proved that the random integral mappings (some type of functionals of L\'evy processes) are always isomorphisms between convolution semigroups of infinitely divisible measures. However, the inverse mappings are no longer of the random…

Probability · Mathematics 2013-10-15 Zbigniew J. Jurek

In this paper we present multivariate space-time fractional Poisson processes by considering common random time-changes of a (finite-dimensional) vector of independent classical (non-fractional) Poisson processes. In some cases we also…

Probability · Mathematics 2015-07-22 Luisa Beghin , Claudio Macci

This note is devoted to representation of some evolution semigroups. The semigroups are generated by pseudo-differential operators, which are obtained by different (parametrized by a number $\tau$) procedures of quantization from a certain…

Functional Analysis · Mathematics 2017-07-03 Yana Butko , Martin Grothaus , Oleg Smolyanov

As in the classical case of L\'evy processes on a group, L\'evy processes on a Voiculescu dual group are constructed from conditionally positive functionals. It is essential for this construction that Schoenberg correspondence holds for…

Operator Algebras · Mathematics 2012-11-06 Michael Schürmann , Stefan Voß

Ito's construction of Markovian solutions to stochastic equations driven by a L\'evy noise is extended to nonlinear distribution dependent integrands aiming at the effective construction of linear and nonlinear Markov semigroups and the…

Probability · Mathematics 2022-05-03 Vassili N. Kolokoltsov

We first introduce and derive some basic properties of a two-parameters family of one-sided Levy processes. Their Laplace exponents are given in terms of the Pochhammer symbol. This family includes, in a limit case, the family of Brownian…

Probability · Mathematics 2007-12-10 P. Patie

Under an appropriate regular variation condition, the affinely normalized partial sums of a sequence of independent and identically distributed random variables converges weakly to a non-Gaussian stable random variable. A functional version…

Probability · Mathematics 2012-10-12 Bojan Basrak , Danijel Krizmanić , Johan Segers

We propose a new method for the estimation of a semiparametric tempered stable L\'{e}vy model. The estimation procedure combines iteratively an approximate semiparametric method of moment estimator, Truncated Realized Quadratic Variations…

Econometrics · Economics 2022-02-25 José E. Figueroa-López , Ruoting Gong , Yuchen Han

We introduce a probabilistic representation of the derivative of the semigroup associated to a multidimensional killed diffusion process defined on the half-space. The semigroup derivative is expressed as a functional of a process that is…

Probability · Mathematics 2024-05-27 Dan Crisan , Arturo Kohatsu-Higa

We consider the Schroedinger equation with a supersymmetric random potential, where the superpotential is a Levy noise. We focus on the problem of computing the so-called complex Lyapunov exponent, whose real and imaginary parts are,…

Mathematical Physics · Physics 2013-07-02 Alain Comtet , Christophe Texier , Yves Tourigny