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The aim of this article is to give several results related to Walsh's spider diffusions living on a star-shaped network that have a spinning measure selected from the own local time of the motion at the vertex (cf.[17]). We prove the…

概率论 · 数学 2025-02-06 Isaac Ohavi , Miguel Martinez

The purpose of this article is to study a new problem of stochastic control, related to Walsh's spider diffusion, named: stochastic optimal scattering control. The optimal scattering control of the spider diffusion at the junction point is…

偏微分方程分析 · 数学 2025-01-31 Isaac Ohavi

The main purpose of this work is to provide an existence and uniqueness result for the solution of a linear parabolic system posed on a star-shaped network, which presents a new type of Kirchhoff's boundary transmission condition at the…

偏微分方程分析 · 数学 2025-01-31 Miguel Martinez , Isaac Ohavi

A Walsh diffusion on Euclidean space moves along each ray from the origin, as a solution to a stochastic differential equation with certain drift and diffusion coefficients, as long as it stays away from the origin. As it hits the origin,…

概率论 · 数学 2018-07-02 Tomoyuki Ichiba , Andrey Sarantsev

Inspired by allocation strategies in multi-armed bandit model, we propose a pathwise construction of Walsh spider diffusions. For any infinitesimal generator on a star shaped graph, there exists a unique time change associated with a…

概率论 · 数学 2025-06-24 Erhan Bayraktar , Jingjie Zhang , Xin Zhang

A diffusion spider is a strong Markov process with continuous paths taking values on a graph with one vertex and a finite number of edges (of infinite length). An example is Walsh's Brownian spider where the process on each edge behaves as…

概率论 · 数学 2022-09-26 Jukka Lempa , Ernesto Mordecki , Paavo Salminen

We prove strong existence and uniqueness for a reflection process $X$ in a smooth, bounded domain $D$ that behaves like obliquely-reflected-Brownian-motion, except that the direction of reflection depends on a (spin) parameter $S$, which…

概率论 · 数学 2015-06-10 Mauricio A. Duarte

In this paper a martingale problem for super-Brownian motion with interactive branching is derived. The uniqueness of the solution to the martingale problem is obtained by using the pathwise uniqueness of the solution to a corresponding…

概率论 · 数学 2023-07-04 Lina Ji , Jie Xiong , Xu Yang

We construct a class of discontinuous superprocesses with dependent spatial motion and general branching mechanism. The process arises as the weak limit of critical interacting-branching particle systems where the spatial motions of the…

概率论 · 数学 2008-07-02 Hui He

We prove existence and uniqueness for semimartingale reflecting diffusions in 2-dimensional piecewise smooth domains with varying, oblique directions of reflection on each "side", under geometric, easily verifiable conditions. Our…

概率论 · 数学 2024-07-31 Cristina Costantini , Thomas G. Kurtz

We introduce a class of continuous planar processes, called "semimartingales on rays", and develop for them a change-of-variable formula involving quite general classes of test functions. Special cases of such planar processes are…

概率论 · 数学 2017-04-18 Ioannis Karatzas , Minghan Yan

We propose a discrete analogue for the boundary local time of reflected diffusions in bounded Lipschitz domains. This discrete analogue, called the discrete local time, can be effectively simulated in practice and is obtained pathwise from…

概率论 · 数学 2021-01-12 Wai-Tong Louis Fan

Let $(W,H,\mu)$ be the classical Wiener space on $\R^d$. Assume that $X=(X_t)$ is a diffusion process satisfying the stochastic differential equation $dX_t=\sigma(t,X)dB_t+b(t,X)dt$, where $\sigma:[0,1]\times C([0,1],\R^n)\to \R^n\otimes…

概率论 · 数学 2019-01-09 Ali Süleyman Üstünel

In this paper we investigate jump-diffusion processes in random environments which are given as the weak solutions to SDE's. We formulate conditions ensuring existence and uniqueness in law of solutions. We investigate Markov property. To…

概率论 · 数学 2013-07-19 Jacek Jakubowski , Mariusz Niewęgłowski

A new technique for proving uniqueness of martingale problems is introduced. The method is illustrated in the context of elliptic diffusions in $R^d$.

概率论 · 数学 2007-10-04 Richard F. Bass , Edwin A. Perkins

For a real-valued one dimensional diffusive strict local martingale,, we provide a set of smooth functions in which the Cauchy problem has a unique classical solution under a local H\"older condition. Under the weaker Engelbert-Schmidt…

数理金融 · 定量金融 2022-05-11 Umut Cetin , Kasper Larsen

We consider the Brownian ``spider process'', also known as Walsh Brownian motion, first introduced in the epilogue of Walsh 1978. The paper provides the best constant $C_n$ for the inequality $$ E D_\tau\leq C_n \sqrt{E \tau},$$ where…

概率论 · 数学 2021-06-14 Ewelina Bednarz , Philip A. Ernst , Adam Osekowski

Two frameworks that have been used to characterize reflected diffusions include stochastic differential equations with reflection and the so-called submartingale problem. We introduce a general formulation of the submartingale problem for…

概率论 · 数学 2014-12-03 Weining Kang , Kavita Ramanan

Constrained Markov processes, such as reflecting diffusions, behave as an unconstrained process in the interior of a domain but upon reaching the boundary are controlled in some way so that they do not leave the closure of the domain. In…

概率论 · 数学 2019-12-06 Cristina Costantini , Thomas G. Kurtz

In this paper, we develop a general methodology to prove weak uniqueness for stochastic differential equations with coefficients depending on some path-functionals of the process. As an extension of the technique developed by Bass \&…

概率论 · 数学 2017-07-06 Noufel Frikha , Libo Li
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