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Topics in Infinitely Divisible Distributions and Lvy Processes, Revised Edition

Topics in Infinitely Divisible Distributions and Lvy Processes, Revised Edition

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Springer Nature
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N/A
Part Number
0
GTIN
9783030226992
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New
Product Description

This book deals with topics in the area of Lvy processes and infinitely divisible distributions such as Ornstein-Uhlenbeck type processes, selfsimilar additive processes and multivariate subordination. These topics are developed around a decreasing chain of classes of distributions Lm, m = 0,1,...,, from the class L0 of selfdecomposable distributions to the class L generated by stable distributions through convolution and convergence. The book is divided into five chapters. Chapter 1 studies basic properties of Lm classes needed for the subsequent chapters. Chapter 2 introduces Ornstein-Uhlenbeck type processes generated by a Lvy process through stochastic integrals based on Lvy processes. Necessary and sufficient conditions are given for a generating Lvy process so that the OU type process has a limit distribution of Lm class. Chapter 3 establishes the correspondence between selfsimilar additive processes and selfdecomposable distributions and makes a close inspection of the Lamperti transformation, which transforms selfsimilar additive processes and stationary type OU processes to each other. Chapter 4 studies multivariate subordination of a cone-parameter Lvy process by a cone-valued Lvy process. Finally, Chapter 5 studies strictly stable and Lm properties inherited by the subordinated process in multivariate subordination. In this revised edition, new material is included on advances in these topics. It is rewritten as self-contained as possible. Theorems, lemmas, propositions, examples and remarks were reorganized; some were deleted and others were newly added. The historical notes at the end of each chapter were enlarged. This book is addressed to graduate students and researchers in probability and mathematical statistics who are interested in learning more on Lvy processes and infinitely divisible distributions.

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