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For a spectrally negative L\'evy process, scale functions appear in the solution of two-sided exit problems, and in particular in relation with the Laplace transform of the first time it exits a closed interval. In this paper, we consider…

概率论 · 数学 2023-06-21 Jesús Contreras , Victor Rivero

The scale functions were defined for spectrally negative L\'evy processes and other strong Markov processes with no positive jumps, and have been used to characterize their behavior. In particular, I defined the scale functions for standard…

概率论 · 数学 2023-09-19 Kei Noba

The scale function holds significant importance within the fluctuation theory of Levy processes, particularly in addressing exit problems. However, its definition is established through the Laplace transform, thereby lacking explicit…

统计理论 · 数学 2024-10-25 Haruka Irie , Yasutaka Shimizu

We obtain series expansions of the $q$-scale functions of arbitrary spectrally negative L\'evy processes, including processes with infinite jump activity, and use these to derive various new examples of explicit $q$-scale functions.…

概率论 · 数学 2022-03-08 Anita Behme , David Oechsler , René L. Schilling

Scale functions play a central role in the fluctuation theory of spectrally negative L\'evy processes and often appear in the context of martingale relations. These relations are often complicated to establish requiring excursion theory in…

概率论 · 数学 2009-03-10 Terence Chan , Andreas Kyprianou , Mladen Savov

For a refracted spectrally negative Levy process, we find some new and fantastic formulas for its q-potential measures without killing. Unlike previous results, which are written in terms of the known q-scale functions, our formulas are…

概率论 · 数学 2016-04-04 Jiang Zhou , Lan Wu

We provide a novel expression of the scale function for a L\'evy processes with negative phase-type jumps. It is in terms of a certain transition rate matrix which is explicit up to a single positive number. A monotone iterative scheme for…

概率论 · 数学 2021-02-11 Jevgenijs Ivanovs

The purpose of this review article is to give an up to date account of the theory and application of scale functions for spectrally negative Levy processes. Our review also includes the first extensive overview of how to work numerically…

概率论 · 数学 2015-03-19 Alexey Kuznetsov , Andreas E. Kyprianou , Victor Rivero

We give a review of the state of the art with regard to the theory of scale functions for spectrally negative Levy processes. From this we introduce a general method for generating new families of scale functions. Using this method we…

概率论 · 数学 2008-07-05 F. Hubalek , A. E. Kyprianou

A fluctuation theory and, in particular, a theory of scale functions is developed for upwards skip-free L\'evy chains, i.e. for right-continuous random walks embedded into continuous time as compound Poisson processes. This is done by…

概率论 · 数学 2015-05-19 Matija Vidmar

For spectrally negative L\'evy processes, we prove several fluctuation results involving a general draw-down time, which is a downward exit time from a dynamic level that depends on the running maximum of the process. In particular, we find…

概率论 · 数学 2019-07-17 Bo Li , Nhat Linh Vu , Xiaowen Zhou

In this paper, we identify Laplace transforms of occupation times of intervals until first passage times for spectrally negative L\'evy processes. New analytical identities for scale functions are derived and therefore the results are…

概率论 · 数学 2012-07-09 Ronnie L. Loeffen , Jean-François Renaud , Xiaowen Zhou

In this paper, we compute the Laplace transform of occupation times (of the negative half-line) of spectrally negative L\'evy processes. Our results are extensions of known results for standard Brownian motion and jump-diffusion processes.…

概率论 · 数学 2011-05-05 David Landriault , Jean-François Renaud , Xiaowen Zhou

For a spectrally negative L\'evy process with Laplace transform $\psi$, the $q$-scale function is characterized as the function whose Laplace transform is $(\psi(\cdot)-q)^{-1}$. It has applications in fluctuation theory, for example, exit…

概率论 · 数学 2026-04-13 Osvaldo Angtuncio Hernández , Oscar Peralta

For a refracted L\'evy process driven by a spectrally negative L\'evy process, we use a different approach to derive expressions for its q-potential measures without killing. Unlike previous methods whose derivations depend on scale…

概率论 · 数学 2016-04-14 Jiang Zhou , Lan Wu

Following from recent developments by Hubalek and Kyprianou, the objective of this paper is to provide further methods for constructing new families of scale functions for spectrally negative L\'evy processes which are completely explicit.…

概率论 · 数学 2007-12-24 Andreas E. Kyprianou , Ví ctor Rivero

Scale functions play a central role in the fluctuation theory of spectrally negative L\'evy processes. For spectrally negative compound Poisson processes with positive drift, a new representation of the $q$-scale functions in terms of the…

概率论 · 数学 2020-08-03 Anita Behme , David Oechsler

We study spectral-theoretic properties of non-self-adjoint operators arising in the study of one-dimensional L\'evy processes with completely monotone jumps with a one-sided barrier. With no further assumptions, we provide an integral…

谱理论 · 数学 2024-11-19 Mateusz Kwaśnicki

We study a combination of the refracted and reflected L\'evy processes. Given a spectrally negative L\'evy process and two boundaries, it is reflected at the lower boundary while, whenever it is above the upper boundary, a linear drift at a…

概率论 · 数学 2017-06-13 José-Luis Pérez , Kazutoshi Yamazaki

For spectrally negative L\'evy processes, adapting an approach from \cite{BoLi:sub1} we identify joint Laplace transforms involving local times evaluated at either the first passage times, or independent exponential times, or inverse local…

概率论 · 数学 2019-01-14 Bo Li , Xiaowen Zhou
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