Matsumoto-Yor and Dufresne type theorems for a random walk on positive definite matrices

Fuente: arXiv
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Autori principali: Arista, Jonas, Bisi, Elia, O'Connell, Neil
Natura: Preprint
Pubblicazione: 2021
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author Arista, Jonas
Bisi, Elia
O'Connell, Neil
author_facet Arista, Jonas
Bisi, Elia
O'Connell, Neil
contents We establish analogues of the geometric Pitman $2M-X$ theorem of Matsumoto and Yor and of the classical Dufresne identity, for a multiplicative random walk on positive definite matrices with Beta type II distributed increments. The Dufresne type identity provides another example of a stochastic matrix recursion, as considered by Chamayou and Letac (J. Theoret. Probab. 12, 1999), that admits an explicit solution.
format Preprint
id arxiv_https___arxiv_org_abs_2112_12558
institution arXiv
publishDate 2021
record_format arxiv
spellingShingle Matsumoto-Yor and Dufresne type theorems for a random walk on positive definite matrices
Arista, Jonas
Bisi, Elia
O'Connell, Neil
Probability
Mathematical Physics
60K35, 82B23, 60B20 (Primary), 60G10, 22E30, 62H10 (Secondary)
We establish analogues of the geometric Pitman $2M-X$ theorem of Matsumoto and Yor and of the classical Dufresne identity, for a multiplicative random walk on positive definite matrices with Beta type II distributed increments. The Dufresne type identity provides another example of a stochastic matrix recursion, as considered by Chamayou and Letac (J. Theoret. Probab. 12, 1999), that admits an explicit solution.
title Matsumoto-Yor and Dufresne type theorems for a random walk on positive definite matrices
topic Probability
Mathematical Physics
60K35, 82B23, 60B20 (Primary), 60G10, 22E30, 62H10 (Secondary)
url https://arxiv.org/abs/2112.12558