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The large deviations analysis of solutions to stochastic differential equations and related processes is often based on approximation. The construction and justification of the approximations can be onerous, especially in the case where the…

概率论 · 数学 2008-08-28 Amarjit Budhiraja , Paul Dupuis , Vasileios Maroulas

We study fractional Brownian motion (fBm) characterized by the Hurst exponent H. Using a Monte Carlo sampling technique, we are able to numerically generate fBm processes with an absorbing boundary at the origin at discrete times for a…

统计力学 · 物理学 2015-06-15 Alexander K. Hartmann , Satya N. Majumdar , Alberto Rosso

This work considers a type of slow-fast system, where the slow component is driven by fractional Brownian motion with H > 1/2 and the fast component is a Markovian stationary process. Our solution mapping is defined based on the…

概率论 · 数学 2026-04-29 Xiaoyu Yang , Yong Xu

We introduce the notion of {\em covariance measure structure} for square integrable stochastic processes. We define Wiener integral, we develop a suitable formalism for stochastic calculus of variations and we make Gaussian assumptions only…

概率论 · 数学 2007-05-23 Ida Kruk , Francesco Russo , Ciprian Tudor

We provide explicit series expansions to certain stochastic path-dependent integral equations in terms of the path signature of the time augmented driving Brownian motion. Our framework encompasses a large class of stochastic linear…

概率论 · 数学 2025-11-04 Eduardo Abi Jaber , Louis-Amand Gérard , Yuxing Huang

We have shown recently that a Markov process conditioned on rare events involving time-integrated random variables can be described in the long-time limit by an effective Markov process, called the driven process, which is given…

统计力学 · 物理学 2015-12-17 Raphael Chetrite , Hugo Touchette

We derive the asymptotic behavior of weighted quadratic variations of fractional Brownian motion $B$ with Hurst index $H=1/4$. This completes the only missing case in a very recent work by I. Nourdin, D. Nualart and C. A. Tudor. Moreover,…

概率论 · 数学 2009-12-14 Ivan Nourdin , Anthony Réveillac

The paper deals with some properties of set-valued functions having a bounded Riesz p-variation. Set-valued integrals of a Young type for such multifunctions are introduced. Selection results and properties of such setvalued integrals are…

概率论 · 数学 2020-11-10 Mariusz Michta , Jerzy Motyl

The paper is devoted to the existence of integral functionals $\int_0^\infty f(X(t))\,{\mathrm{d}t}$ for several classes of processes in $\mathbb{R}$ with $d\ge 3$. Some examples such as Brownian motion, fractional Brownian motion, compound…

概率论 · 数学 2021-04-02 Yuri Kondratiev , Yuliya Mishura , José L. da Silva

We show that the derivative of the intersection and self-intersection local times of alpha-stable processes are exponentially integrable for certain parameter values. This includes the Brownian motion case. We also discuss related results…

概率论 · 数学 2024-04-09 Kaustav Das , Greg Markowsky , Binghao Wu

In this paper we prove, for small Hurst parameters, the higher order differentiability of a stochastic flow associated with a stochastic differential equation driven by an additive multi-dimensional fractional Brownian noise, where the…

概率论 · 数学 2018-05-15 Oussama Amine , David R. Baños , Frank Proske

In this paper we study the stochastic control problem of partially observed (multi-dimensional) stochastic system driven by both Brownian motions and fractional Brownian motions. In the absence of the powerful tool of Girsanov…

最优化与控制 · 数学 2023-08-22 Yueyang Zheng , Yaozhong Hu

We study pathwise approximation of scalar stochastic differential equations at a single point. We provide the exact rate of convergence of the minimal errors that can be achieved by arbitrary numerical methods that are based (in a…

概率论 · 数学 2007-05-23 Thomas Muller-Gronbach

We propose to model the stochastic dynamics of a polymer passing through a pore (translocation) by means of a fractional Brownian motion, and study its behavior in presence of an absorbing boundary. Based on scaling arguments and numerical…

统计力学 · 物理学 2009-03-30 Andrea Zoia , Alberto Rosso , Satya N. Majumdar

In this paper, we investigate the optimal control problem for systems driven by mixed fractional Brownian motion (including a fractional Brownian motion with Hurst parameter $H>1/2$ and the standard Brownian motion). By using Malliavin…

最优化与控制 · 数学 2024-12-25 Yuhang Li , Yuecai Han

We survey some new progress on the pricing models driven by fractional Brownian motion \cb{or} mixed fractional Brownian motion. In particular, we give results on arbitrage opportunities, hedging, and option pricing in these models. We…

证券定价 · 定量金融 2010-04-20 Christian Bender , Tommi Sottinen , Esko Valkeila

In this paper, we are concerned with the numerical solution of one type integro-differential equation by a probability method based on the fundamental martingale of mixed Gaussian processes. As an application, we will try to simulate the…

概率论 · 数学 2020-05-08 Chunhao Cai , Weilin Xiao

We construct a pathwise calculus for functionals of integer-valued measures and use it to derive an martingale representation formula with respect to a large class of integer-valued random measures. Using these results, we extend the…

概率论 · 数学 2020-02-28 Pierre M. Blacque-Florentin , Rama Cont

In the recent papers [Lochowski:2011fk, Lochowski:2013yq, Lochowski:2013lr] the truncated variation has been introduced, characterized and studied in various stochastic settings. In this note we uncover an intimate link to the Skorokhod…

概率论 · 数学 2013-11-12 Piotr Miłoś

We build and study a data-driven procedure for the estimation of the stationary density f of an additive fractional SDE. To this end, we also prove some new concentrations bounds for discrete observations of such dynamics in stationary…

概率论 · 数学 2020-03-12 Karine Bertin , Nicolas Klutchnikoff , Fabien Panloup , Maylis Varvenne