An application of multivariate total positivity to peacocks

Fuente: arXiv
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Main Author: Bogso, Antoine Marie
Format: Preprint
Published: 2015
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author Bogso, Antoine Marie
author_facet Bogso, Antoine Marie
contents We use multivariate total positivity theory to exhibit new families of peacocks. As the authors of \cite{HPRY}, our guiding example is the result of Carr-Ewald-Xiao \cite{CEX}. We shall introduce the notion of strong conditional monotonicity. This concept is strictly more restrictive than the conditional monotonicity as defined in \cite{HPRY} (see also \cite{Be}, \cite{BPR1} and \cite{ShS1}). There are many random vectors which are strongly conditionally monotone (SCM). Indeed, we shall prove that multivariate totally positive of order 2 (MTP$_2$) random vectors are SCM. As a consequence, stochastic processes with MTP$_2$ finite-dimensional marginals are SCM. This family includes processes with independent and log-concave increments, and one-dimensional diffusions which have absolutely continuous transition kernels.
format Preprint
id arxiv_https___arxiv_org_abs_1509_05123
institution arXiv
publishDate 2015
record_format arxiv
spellingShingle An application of multivariate total positivity to peacocks
Bogso, Antoine Marie
Probability
60J25, 32F17, 60G44, 60E15
We use multivariate total positivity theory to exhibit new families of peacocks. As the authors of \cite{HPRY}, our guiding example is the result of Carr-Ewald-Xiao \cite{CEX}. We shall introduce the notion of strong conditional monotonicity. This concept is strictly more restrictive than the conditional monotonicity as defined in \cite{HPRY} (see also \cite{Be}, \cite{BPR1} and \cite{ShS1}). There are many random vectors which are strongly conditionally monotone (SCM). Indeed, we shall prove that multivariate totally positive of order 2 (MTP$_2$) random vectors are SCM. As a consequence, stochastic processes with MTP$_2$ finite-dimensional marginals are SCM. This family includes processes with independent and log-concave increments, and one-dimensional diffusions which have absolutely continuous transition kernels.
title An application of multivariate total positivity to peacocks
topic Probability
60J25, 32F17, 60G44, 60E15
url https://arxiv.org/abs/1509.05123