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Hauptverfasser: Ahmadi, Zaniar, Zhou, Xiaowen
Format: Preprint
Veröffentlicht: 2024
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Online-Zugang:https://arxiv.org/abs/2407.09321
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author Ahmadi, Zaniar
Zhou, Xiaowen
author_facet Ahmadi, Zaniar
Zhou, Xiaowen
contents For refracted skew Brownian motion (skew Brownian motion with two-valued drift), adopting a perturbation approach we find expressions of its potential densities. As applications, we recover its transition density and study its long-time asymptotic behaviors. In addition, we also compare with previous results on transition densities for skew Brownian motions. We propose two approaches for generating quasi-random samples by approximating the cumulative distribution function and discuss their risk measurement application.
format Preprint
id arxiv_https___arxiv_org_abs_2407_09321
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle A note on Refracted Skew Brownian Motion with an application
Ahmadi, Zaniar
Zhou, Xiaowen
Probability
Risk Management
For refracted skew Brownian motion (skew Brownian motion with two-valued drift), adopting a perturbation approach we find expressions of its potential densities. As applications, we recover its transition density and study its long-time asymptotic behaviors. In addition, we also compare with previous results on transition densities for skew Brownian motions. We propose two approaches for generating quasi-random samples by approximating the cumulative distribution function and discuss their risk measurement application.
title A note on Refracted Skew Brownian Motion with an application
topic Probability
Risk Management
url https://arxiv.org/abs/2407.09321