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We provide a complete characterisation of the Root solution to the Skorokhod embedding problem (SEP) by means of an optimal stopping formulation. Our methods are purely probabilistic and the analysis relies on a tailored time-reversal…

概率论 · 数学 2017-03-27 Alexander M. G. Cox , Jan Obłój , Nizar Touzi

We present in this paper a new sufficient condition for the so-called Prokhorov-Skorokhod continuity of random processes. Our conditions will be formulated in the terms of metric entropy generated by three-dimensional distribution of the…

概率论 · 数学 2015-12-08 E. Ostrovsky , L. Sirota

In this work, we investigate the multidimensional Skorokhod problem for c\`adl\`ag processes, where the reflection is subject to a minimality condition depending on the law of the solution. We then apply these results to establish existence…

概率论 · 数学 2025-12-24 Imane Jarni , Ayoub Laayoun , Badr Missaoui

Convergence rate analyses of random walk Metropolis-Hastings Markov chains on general state spaces have largely focused on establishing sufficient conditions for geometric ergodicity or on analysis of mixing times. Geometric ergodicity is a…

统计理论 · 数学 2023-07-24 Riddhiman Bhattacharya , Galin L. Jones

According to the Dudley-Wichura extension of the Skorohod representation theorem, convergence in distribution to a limit in a separable set is equivalent to the existence of a coupling with elements converging a.s. in the metric. A density…

概率论 · 数学 2015-09-01 Hermann Thorisson

The Skorokhod reflection of a continuous semimartingale is unfolded, in a possibly skewed manner, into another continuous semimartingale on an enlarged probability space according to the excursion-theoretic methodology of Prokaj (2009).…

概率论 · 数学 2014-07-18 Tomoyuki Ichiba , Ioannis Karatzas

Strong approximations of uniform transport processes to the standard Brownian motion rely on the Skorokhod embedding of random walk with centered double exponential increments. In this note we make such an embedding explicit by means of a…

概率论 · 数学 2020-02-04 Giang T. Nguyen , Oscar Peralta

Several recent publications investigated Markov-chain modelling of linear optimization by a $(1,\lambda)$-ES, considering both unconstrained and linearly constrained optimization, and both constant and varying step size. All of them assume…

数值分析 · 计算机科学 2014-06-19 Alexandre Chotard , Martin Holena

There is a natural connection between the class of diffusions, and a certain class of solutions to the Skorokhod Embedding Problem (SEP). We show that the important concept of minimality in the SEP leads to the new and useful concept of a…

概率论 · 数学 2014-02-14 Alexander M. G. Cox , Martin Klimmek

We establish general sufficient conditions for a sequence of controlled branching processes to converge weakly on the Skorokhod space. We focus on a class of controlled random variables that extends previous results by considering them as a…

概率论 · 数学 2025-08-26 Miguel González , Pedro Martín-Chávez , Inés del Puerto

The Az\'{e}ma-Yor solution (resp., the Perkins solution) of the Skorokhod embedding problem has the property that it maximizes (resp., minimizes) the law of the maximum of the stopped process. We show that these constructions have a wider…

概率论 · 数学 2013-09-10 David Hobson , Martin Klimmek

We investigate the optimal stopping problems involving the supremum of a diffusion. The starting point is the link between works of Peskir and Meilijson, which we describe in a unified manner. The description developped follows mainly the…

概率论 · 数学 2007-05-23 Jan Obloj

A reflection map, induced by the deterministic Skorohod problem on the nonnegative orthant, is applied to an $\mathbb{R}^n$ valued function $X$ on $[0,\infty)$ and then to $a+X$, where $a$ is a nonnegative constant vector. A question that…

概率论 · 数学 2012-10-09 Offer Kella , Sundareswaran Ramasubramanian

We study a time-inconsistent singular stochastic control problem for a general one-dimensional diffusion, where time-inconsistency arises from a non-exponential discount function. To address this, we adopt a game-theoretic framework and…

最优化与控制 · 数学 2025-07-08 Andi Bodnariu , Kristoffer Lindensjö , Neofytos Rodosthenous

Consider generalized adapted stochastic integrals with respect to independently scattered random measures with second moments. We use a decoupling technique, known as the "principle of conditioning", to study their stable convergence…

概率论 · 数学 2007-05-23 Giovanni Peccati , Murad S. Taqqu

We study convergence to equilibrium for a large class of Markov chains in random environment. The chains are sparse in the sense that in every row of the transition matrix $P$ the mass is essentially concentrated on few entries. Moreover,…

概率论 · 数学 2018-01-23 Charles Bordenave , Pietro Caputo , Justin Salez

We prove a scaling limit theorem for discrete Galton-Watson processes in varying environments. A simple sufficient condition for the weak convergence in the Skorokhod space is given in terms of probability generating functions. The limit…

概率论 · 数学 2022-04-14 Fang Rongjuan , Li Zenghu , Liu Jiawei

In this paper we introduce a numerical method for optimal stopping in the framework of one dimensional diffusion. We use the Skorokhod embedding in order to construct recombining tree approximations for diffusions with general coefficients.…

数理金融 · 定量金融 2020-07-14 Benjamin Gottesman Berdah

Simple random coverage models, well studied in Euclidean space, can also be defined on a general compact metric space. By analogy with the geometric models, and with the discrete coupon collector's problem and with cover times for finite…

概率论 · 数学 2021-02-01 David J. Aldous

The Skorokhod Embedding Problem (SEP) is one of the classical problems in the study of stochastic processes, with applications in many different fields (cf.~ the surveys \cite{Ob04,Ho11}). Many of these applications have natural…

概率论 · 数学 2017-05-29 Mathias Beiglboeck , Alexander Cox , Martin Huesmann