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We construct the basis of a stochastic calculus for so-called Volterra processes, i.e., processes which are defined as the stochastic integral of a time-dependent kernel with respect to a standard Brownian motion. For these processes which…

概率论 · 数学 2007-05-23 L. Decreusefond

A novel representation of functions, called generalized Taylor form, is applied to the filtering of white noise processes. It is shown that every Gaussian colored noise can be expressed as the output of a set of linear fractional stochastic…

统计力学 · 物理学 2013-03-07 Giulio Cottone , Mario Di Paola , Roberta Santoro

In this paper, we consider the strong convergence order of the exponential integrator for the stochastic heat equation driven by an additive fractional Brownian motion with Hurst parameter $H\in(\frac12,1)$. By showing the strong order one…

数值分析 · 数学 2020-07-07 Jialin Hong , Chuying Huang

In this paper we construct a Markov process which has as invariant measure the fractional Edwards measure based on a $d$-dimensional fractional Brownian motion, with Hurst index $H$ in the case of $Hd=1$. We use the theory of classical…

数学物理 · 物理学 2018-07-20 Wolfgang Bock , Torben Fattler , Jose Luis da Silva , Ludwig Streit

We consider the problem of estimating the roughness of the volatility process in a stochastic volatility model that arises as a nonlinear function of fractional Brownian motion with drift. To this end, we introduce a new estimator that…

统计金融 · 定量金融 2026-04-17 Xiyue Han , Alexander Schied

Operator fractional Brownian fields (OFBFs) are Gaussian, stationary-increment vector random fields that satisfy the operator self-similarity relation {X(c^{E}t)}_{t in R^m} L= {c^{H}X(t)}_{t in R^m}. We establish a general harmonizable…

概率论 · 数学 2014-05-26 Changryong Baek , Gustavo Didier , Vladas Pipiras

In this paper an arbitrage strategy is constructed for the modified Black-Scholes model driven by fractional Brownian motion or by a time changed fractional Brownian motion, when the volatility is stochastic. This latter property allows the…

信息论 · 计算机科学 2007-07-13 Erhan Bayraktar , H. Vincent Poor

We treat a stochastic integration theory for a class of Hilbert-valued, volatility-modulated, conditionally Gaussian Volterra processes. We apply techniques from Malliavin calculus to define this stochastic integration as a sum of a…

概率论 · 数学 2016-03-18 Fred Espen Benth , André Süß

In this paper we study the controllability of fractional neutral stochastic functional differential equations with infinite delay driven by fractional Brownian motion in a real separable Hilbert space. The controllability results are…

概率论 · 数学 2016-04-15 El Hassan Lakhel

Fractional Brownian motion can be represented as an integral of a deterministic kernel w.r.t. an ordinary Brownian motion either on infinite or compact interval. In previous literature fractional L\'evy processes are defined by integrating…

概率论 · 数学 2011-11-11 Heikki Tikanmäki , Yuliya Mishura

Multifractional Brownian motion is an extension of the well-known fractional Brownian motion where the Holder regularity is allowed to vary along the paths. In this paper, two kind of multi-parameter extensions of mBm are studied: one is…

概率论 · 数学 2007-05-23 E. Herbin

In this paper we consider stochastic differential equations with non-negativity constraints, driven by a fractional Brownian motion with Hurst parameter $H>\1/2$. We first study an ordinary integral equation where the integral is defined in…

概率论 · 数学 2012-03-14 Marco Ferrante , Carles Rovira

We study the two-dimensional fractional Brownian motion with Hurst parameter $H>{1/2}$. In particular, we show, using stochastic calculus, that this process admits a skew-product decomposition and deduce from this representation some…

概率论 · 数学 2007-05-23 Fabrice Baudoin , David Nualart

In this paper we study the controllability results of impulsive neutral stochastic functional differential equations with infinite delay driven by fractional Brownian motion in a real separable Hilbert space. The controllability results are…

概率论 · 数学 2016-02-19 El Hassan Lakhel

We investigate the process of eigenvalues of a symmetric matrix-valued process which upper diagonal entries are independent one-dimensional H\"older continuous Gaussian processes of order gamma in (1/2,1). Using the stochastic calculus with…

概率论 · 数学 2014-07-29 David Nualart , Victor Pérez-Abreu

We apply the techniques of stochastic integration with respect to fractional Brownian motion and the theory of regularity and supremum estimation for stochastic processes to study the maximum likelihood estimator (MLE) for the drift…

统计理论 · 数学 2007-08-22 Ciprian A. Tudor , Frederi G. Viens

We study the problem of parametric estimation for continuously observed stochastic processes driven by additive small fractional Brownian motion with Hurst index 0<H<1/2 and 1/2<H<1. Under some assumptions on the drift coefficient, we…

统计理论 · 数学 2022-01-04 Shohei Nakajima , Yasutaka Shimizu

In this paper we study a singular stochastic differential equation driven by an additive fractional Brownian motion with Hurst parameter $H>\frac 12$. Under some assumptions on the drift, we show that there is a unique solution, which has…

概率论 · 数学 2007-11-19 Yaozhong Hu , David Nualart , Xiaoming Song

We find a representation of the integral of a Gauss-Markov process in the interval [0, t], in terms of Brownian motion. Moreover, some connections with first-passagetime problems are discussed, and some examples are reported.

概率论 · 数学 2017-07-20 Mario Abundo

In this paper, we show an approximation in law of the complex Brownian motion by processes constructed from a stochastic process with independent increments. We give sufficient conditions for the characteristic function of the process with…

概率论 · 数学 2013-08-28 Xavier Bardina , Carles Rovira