Stochastic integration with respect to cylindrical Lévy processes in Hilbert spaces

Fuente: arXiv
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Autores principales: Bodó, Gergely, Riedle, Markus
Formato: Preprint
Publicado: 2024
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author Bodó, Gergely
Riedle, Markus
author_facet Bodó, Gergely
Riedle, Markus
contents In this work, we present a comprehensive theory of stochastic integration with respect to arbitrary cylindrical Lévy processes in Hilbert spaces. Since cylindrical Lévy processes do not enjoy a semi-martingale decomposition, our approach relies on an alternative approach to stochastic integration by decoupled tangent sequences. The space of deterministic integrands is identified as a modular space described in terms of the characteristics of the cylindrical Lévy process. The space of random integrands is described as the space of predictable processes whose trajectories are in the space of deterministic integrands almost surely. The derived space of random integrands is verified as the largest space of potential integrands, based on a classical definition of stochastic integrability. We apply the introduced theory of stochastic integration to establish a dominated convergence theorem.
format Preprint
id arxiv_https___arxiv_org_abs_2403_10453
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Stochastic integration with respect to cylindrical Lévy processes in Hilbert spaces
Bodó, Gergely
Riedle, Markus
Probability
60H05, 60G20, 60G51, 28C20
In this work, we present a comprehensive theory of stochastic integration with respect to arbitrary cylindrical Lévy processes in Hilbert spaces. Since cylindrical Lévy processes do not enjoy a semi-martingale decomposition, our approach relies on an alternative approach to stochastic integration by decoupled tangent sequences. The space of deterministic integrands is identified as a modular space described in terms of the characteristics of the cylindrical Lévy process. The space of random integrands is described as the space of predictable processes whose trajectories are in the space of deterministic integrands almost surely. The derived space of random integrands is verified as the largest space of potential integrands, based on a classical definition of stochastic integrability. We apply the introduced theory of stochastic integration to establish a dominated convergence theorem.
title Stochastic integration with respect to cylindrical Lévy processes in Hilbert spaces
topic Probability
60H05, 60G20, 60G51, 28C20
url https://arxiv.org/abs/2403.10453