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In this paper we study controlled continuous time random walks (CTRWs) and heuristically derive pay-off function dynamic programming (DP) equations which turn in the limit of standard scaling to fractional Hamilton Jacobi Bellman type…

最优化与控制 · 数学 2012-04-05 V. Kolokoltsov , M. Veretennikova

In this paper we deal with anomalous diffusions induced by Continuous Time Random Walks - CTRW in $\mathbb{R}^n$. A particle moves in $\mathbb{R}^n$ in such a way that the probability density function $u(\cdot,t)$ of finding it in region…

偏微分方程分析 · 数学 2016-05-27 Hugo Aimar , Gastón Beltritti , Ivana Gómez

Standard continuous time random walk (CTRW) models are renewal processes in the sense that at each jump a new, independent pair of jump length and waiting time are chosen. Globally, anomalous diffusion emerges through action of the…

统计力学 · 物理学 2015-06-17 Johannes HP Schulz , Aleksei V Chechkin , Ralf Metzler

We consider continuous time random walks (CTRW) and discuss situations pertinent to aging. These correspond to the case when the initial state of the system is known not at preparation (at $t=0$) but at the later instant of time $t_1>0$…

统计力学 · 物理学 2007-10-16 V. Yu. Zaburdaev , I. M. Sokolov

We complement the theory of tick-by-tick dynamics of financial markets based on a Continuous-Time Random Walk (CTRW) model recently proposed by Scalas et al., and we point out its consistency with the behaviour observed in the waiting-time…

统计力学 · 物理学 2009-10-31 Francesco Mainardi , Marco Raberto , Rudolf Gorenflo , Enrico Scalas

We introduce a heterogeneous continuous time random walk (HCTRW) model as a versatile analytical formalism for studying and modeling diffusion processes in heterogeneous structures, such as porous or disordered media, multiscale or crowded…

统计力学 · 物理学 2018-02-07 Denis S. Grebenkov , Liubov Tupikina

The continuous-time random walk (CTRW) is a pure-jump stochastic process with several applications in physics, but also in insurance, finance and economics. A definition is given for a class of stochastic integrals driven by a CTRW, that…

统计力学 · 物理学 2013-03-19 Guido Germano , Mauro Politi , Enrico Scalas , René L. Schilling

In this article we study the distribution of the number of points of a simple random walk, visited a given number of times (the k-multiple point range). In a previous article we had developed a graph theoretical approach which is now…

概率论 · 数学 2013-12-02 Daniel Hoef

We study financial distributions within the framework of the continuous time random walk (CTRW). We review earlier approaches and present new results related to overnight effects as well as the generalization of the formalism which embodies…

统计力学 · 物理学 2008-12-02 Jaume Masoliver , Miquel Montero , Josep Perello , George H. Weiss

We consider a random walk model in a one-dimensional environment, formed by several zones of finite width with the fixed transition probabilities. It is also assumed that the transitions to the left and right neighboring points have unequal…

统计力学 · 物理学 2017-08-18 A. V. Nazarenko , V. Blavatska

An analytical soluble model based on a Continuous Time Random Walk (CTRW) scheme for the adsorption-desorption processes at interfaces, called bulk-mediated surface diffusion, is presented. The time evolution of the effective probability…

凝聚态物理 · 物理学 2009-11-10 Jorge A. Revelli , Carlos. E. Budde , Domingo Prato , Horacio S. Wio

Time evolutions whose infinitesimal generator is a fractional time derivative arise generally in the long time limit. Such fractional time evolutions are considered here for random walks. An exact relationship is given between the…

统计力学 · 物理学 2015-06-24 R. Hilfer

We explore the fractional advection-diffusion equation and rare events associated with the ACTRW model. When waiting times have a finite mean but infinite variance, and the displacements follow a narrow distribution, the fractional operator…

统计力学 · 物理学 2025-02-18 Yuanze Hong , Tian zhou , Wanli Wang

It is a well known fact that subdiffusion equations in terms of fractional derivatives can be obtained from Continuous Time Random Walk (CTRW) models with long-tailed waiting time distributions. Over the last years various authors have…

生物物理 · 物理学 2010-06-15 S. B. Yuste , E. Abad , K. Lindenberg

It is the common lore to assume that knowing the equation for the probability distribution function (PDF) of a stochastic model as a function of time tells the whole picture defining all other characteristics of the model. We show that this…

统计力学 · 物理学 2013-05-29 Yasmine Meroz , Igor M. Sokolov , Joseph Klafter

A continuous time random walk (CTRW) is a random walk in which both spatial changes represented by jumps and waiting times between the jumps are random. The CTRW is coupled if a jump and its preceding or following waiting time are dependent…

概率论 · 数学 2016-03-14 Adam Barczyk , Peter Kern

We study continuous time random walks (CTRW) with power law distribution of waiting times under resetting which brings the walker back to the origin, with a power-law distribution of times between the resetting events. Two situations are…

统计力学 · 物理学 2020-07-01 Anna S. Bodrova , Igor M. Sokolov

We discuss some applications of the Mittag-Leffler function and related probability distributions in the theory of renewal processes and continuous time random walks. In particular we show the asymptotic (long time) equivalence of a generic…

概率论 · 数学 2010-04-27 Rudolf Gorenflo

The distribution of the number of points of the closed simple random walk, visited a given number of times (the k-multiple point range) is analysed by a graph based approach. A general expression for the moments is derived. In this paper…

概率论 · 数学 2013-12-03 Daniel Hoef

We study properties of a non-Markovian random walk $X^{(n)}_l$, $l =0,1,2, >...,n$, evolving in discrete time $l$ on a one-dimensional lattice of integers, whose moves to the right or to the left are prescribed by the…

统计力学 · 物理学 2009-11-10 G. Oshanin , R. Voituriez