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We study the small-time asymptotics of sample paths of L\'evy processes and L\'evy-type processes. Namely, we investigate under which conditions the limit $$\limsup_{t \to 0} \frac{1}{f(t)} |X_t-X_0|$$ is finite resp.\ infinite with…

概率论 · 数学 2021-10-11 Franziska Kühn

Let {X_{t_1,t_2}: t_1,t_2 >= 0} be a two-parameter L\'evy process on R^d. We study basic properties of the one-parameter process {X_{x(t),y(t)}: t \in T} where x and y are, respectively, nondecreasing and nonincreasing nonnegative…

概率论 · 数学 2010-01-08 Shai Covo

Classes of multivariate and cone valued infinitely divisible Gamma distributions are introduced. Particular emphasis is put on the cone-valued case, due to the relevance of infinitely divisible distributions on the positive semi-definite…

概率论 · 数学 2015-03-19 Victor Pérez-Abreu , Robert Stelzer

We study the distribution and various properties of exponential functionals of hypergeometric Levy processes. We derive an explicit formula for the Mellin transform of the exponential functional and give both convergent and asymptotic…

概率论 · 数学 2010-12-06 Alexey Kuznetsov , Juan Carlos Pardo

In this paper we derive explicit formulas for the densities of Levy walks. Our results cover both jump-first and wait-first scenarios. The obtained densities solve certain fractional differential equations involving fractional material…

偏微分方程分析 · 数学 2015-04-23 Marcin Magdziarz , Tomasz Zorawik

A version of the saddle point method is developed, which allows one to describe exactly the asymptotic behavior of distribution densities of Levy driven stochastic integrals with deterministic kernels. Exact asymptotic behavior is…

概率论 · 数学 2011-02-08 Victoria P. Knopova , Alexey M. Kulik

Given a sample from a discretely observed L\'evy process $X=(X_t)_{t\geq 0}$ of the finite jump activity, the problem of nonparametric estimation of the L\'evy density $\rho$ corresponding to the process $X$ is studied. An estimator of…

统计理论 · 数学 2018-04-17 Shota Gugushvili

In this paper, we address rare-event simulation for heavy-tailed L\'evy processes with infinite activities. The presence of infinite activities poses a critical challenge, making it impractical to simulate or store the precise sample path…

概率论 · 数学 2024-08-07 Xingyu Wang , Chang-Han Rhee

In this article we derive formulas for the probability $P(\sup_{t\leq T} X(t)>u)$ $T>0$ and $P(\sup_{t<\infty} X(t)>u)$ where $X$ is a spectrally positive L\'evy process with infinite variation. The formulas are generalizations of the…

概率论 · 数学 2014-10-20 Zbigniew Michna , Zbigniew Palmowski , Martijn Pistorius

Based on a class of moderately interacting particle systems, we establish a quantitative approximation for density-dependent McKean-Vlasov SDEs and the corresponding nonlinear, nonlocal PDEs. The SDE is driven by both Brownian motion and…

概率论 · 数学 2025-04-02 Ke Song , Zimo Hao , Mingkun Ye

Using generalized Blumenthal--Getoor indices, we obtain criteria for the finiteness of the $p$-variation of L\'evy-type processes. This class of stochastic processes includes solutions of Skorokhod-type stochastic differential equations…

概率论 · 数学 2016-02-03 Martynas Manstavicius , Alexander Schnurr

Infinite densities can describe the long-time properties of systems when ergodicity is broken and the equilibrium Boltzmann-Gibbs distribution fails. We here perform semiclassical Monte Carlo simulations of cold atoms in dissipative optical…

统计力学 · 物理学 2015-02-11 Philip C. Holz , Andreas Dechant , Eric Lutz

In this work we give a complete description to the asymptotic behaviors of exponential functionals of L\'evy processes and divide them into five different types according to their convergence rates. Not only their exact convergence speeds…

概率论 · 数学 2016-02-09 Zenghu Li , Wei Xu

We give upper and lower estimates of densities of convolution semigroups of probability measures under explicit assumptions on the corresponding Levy measure and the Levy--Khinchin exponent. We obtain also estimates of derivatives of…

概率论 · 数学 2015-06-03 Kamil Kaleta , Paweł Sztonyk

This article focuses on properties of monotone convolutions. A criterion for infinite divisibility and time evolution of convolution semigroups are mainly studied. In particular, we clarify that many analogues of the classical results of…

算子代数 · 数学 2010-08-30 Takahiro Hasebe

This article examines the properties of positive solutions to fully nonlinear systems of integral equations involving Hardy and Wolff potentials. The first part of the paper establishes an optimal existence result and a Liouville type…

偏微分方程分析 · 数学 2016-07-07 John Villavert

Suppose Xt is either a regular exponential type Levy process or a Levy process with a bounded variation jumps measure. The distribution of the extrema of Xt play a crucial role in many financial and actuarial problems. This article employs…

概率论 · 数学 2017-01-23 Amir T. Payandeh Najafabadi , Dan Kucerovsky

It is proved that the random integral mappings (some type of functionals of L\'evy processes) are always isomorphisms between convolution semigroups of infinitely divisible measures. However, the inverse mappings are no longer of the random…

概率论 · 数学 2013-10-15 Zbigniew J. Jurek

We construct an estimator of the L\'evy density of a pure jump L\'evy process, possibly of infinite variation, from the discrete observation of one trajectory at high frequency. The novelty of our procedure is that we directly estimate the…

概率论 · 数学 2020-04-06 Céline Duval , Ester Mariucci

We obtain general lower estimates of transition densities of jump L\'evy processes. We use them for processes with L\'evy measures having bounded support, processes with exponentially decaying L\'evy measures for large times and for…

概率论 · 数学 2016-01-07 Pawel Sztonyk