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相关论文: Notes on stochastic integration theory with respec…

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This paper studies the loss of the semimartingale property of the process $g(Y)$ at the time a one-dimensional diffusion $Y$ hits a level, where $g$ is a difference of two convex functions. We show that the process $g(Y)$ can fail to be a…

概率论 · 数学 2013-10-22 Aleksandar Mijatović , Mikhail Urusov

The study of stochastic variational principles involves the problem of constructing fixed-endpoint and adapted variations of semimartingales. We provide a detailed construction of variations of semimartingales that are not only fixed at…

数学物理 · 物理学 2025-09-11 Archishman Saha

Some problems in the theory and applications of stochastic processes can be reduced to solving integral equations. While explicit solutions for these equations are often elusive, valuable insights can be gained through their asymptotic…

概率论 · 数学 2024-11-28 P. Chigansky , M. Kleptsyna

We introduce a pathwise integration for Volterra processes driven by L\'evy noise or martingale noise. These processes are widely used in applications to turbulence, signal processes, biology, and in environmental finance. Indeed they…

概率论 · 数学 2016-08-31 Giulia Di Nunno , Yuliya Mishura , Konstiantyn Ralchenko

It is known that the transition probabilities of a solution to a classical It\^o stochastic differential equation (SDE) satisfy in the weak sense the associated Kolmogorov equation. The Kolmogorov equation is a partial differential equation…

概率论 · 数学 2010-06-24 Marjorie G. Hahn , Kei Kobayashi , Sabir Umarov

In this work, we introduce a theory of stochastic integration with respect to symmetric $\alpha$-stable cylindrical L\'evy processes. Since $\alpha$-stable cylindrical L\'evy processes do not enjoy a semi-martingale decomposition, our…

概率论 · 数学 2022-11-21 Gergely Bodó , Markus Riedle

We use the abstract method of (local) martingale problems in order to give criteria for convergence of stochastic processes. Extending previous notions, the formulation we use is neither restricted to Markov processes (or semimartingales),…

概率论 · 数学 2021-08-27 David Criens , Peter Pfaffelhuber , Thorsten Schmidt

This paper is devoted to the study of an averaging principle for fractional stochastic differential equations in Rnwith L\'evy motion, using an integral transform method. We obtain a time-averaged equation under suitable assumptions.…

概率论 · 数学 2020-04-21 Wenjing Xu , Jinqiao Duan , Wei Xu

In this paper we introduce the concept of conic martingales}. This class refers to stochastic processes having the martingale property, but that evolve within given (possibly time-dependent) boundaries. We first review some results about…

概率论 · 数学 2016-03-25 Frédéric Vrins , Monique Jeanblanc

This papers develops a stochastic integration theory with respect to volatility modulated L\'{e}vy-driven Volterra (VMLV) processes. It extends recent results in the literature to allow for stochastic volatility and pure jump processes in…

Stochastic integrals are defined with respect to a collection $P = (P_i; \, i \in I)$ of continuous semimartingales, imposing no assumptions on the index set $I$ and the subspace of $\mathbb{R}^I$ where $P$ takes values. The integrals are…

概率论 · 数学 2019-08-20 Constantinos Kardaras

In this paper, we extend the results of Elliott and Yang \cite{elliott3} and discuss the control of a stochastic process for which the driving noise is provided by a martingale associated with a semi-Markov Chain. An existence and a…

概率论 · 数学 2025-12-23 Robert J. Elliott , Zhe Yang

This paper contributes to the study of relative martingales. Specifically, for a closed random set $H$, they are processes null on $H$ which decompose as $M=m+v$, where $m$ is a c\`adl\`ag uniformly integrable martingale and, $v$ is a…

Comparison results for Markov processes w.r.t. function class induced (integral) stochastic orders have a long history. The most general results so far for this problem have been obtained based on the theory of evolution systems on Banach…

概率论 · 数学 2019-11-12 Benedikt Köpfer , Ludger Rüschendorf

We introduce a theory of stochastic integration with respect to a family of semimartingales depending on a continuous parameter, as a mathematical background to the theory of bond markets. We apply our results to the problem of…

概率论 · 数学 2008-12-10 M. De Donno , M. Pratelli

For any real-valued stochastic process X with c\`adl\`ag paths we define non-empty family of processes, which have finite total variation, have jumps of the same order as the process X and uniformly approximate its paths: This allows to…

概率论 · 数学 2012-07-03 Rafał M. Łochowski

This paper is concerned with asymptotic behavior of a variety of functionals of increments of continuous semimartingales. Sampling times are assumed to follow a rather general discretization scheme. If an underlying semimartingale is…

概率论 · 数学 2024-10-04 Michael Levine , Xiaoguang Wang , Jian Frank Zou

The purpose of this paper is two-fold. First is to extend the notions of an n-dimensional semimartingale and its stochastic integral to a piecewise semimartingale of stochastic dimension. The properties of the former carry over largely…

证券定价 · 定量金融 2011-12-23 Winslow Strong

These lecture notes are an extended version of my lectures on L\'evy and L\'evy-type (Feller) processes given at the "Second Barcelona Summer School on Stochastic Analysis" 2014 organized by the Centre de Recerca Matemaatica (CRM). The…

概率论 · 数学 2016-10-18 René L. Schilling

The program of studying general nonlinear Markov processes was put forward in V. N. Kolokoltsov "Nonlinear Markov Semigroups and Interacting L\'evy Type Processes" (Journ. Stat. Physics 126:3 (2007), 585-642), and was developed by the…

概率论 · 数学 2022-05-03 Vassili N. Kolokoltsov