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Bibliographic Details
Main Authors: Ahmadi, Zaniar, Zhou, Xiaowen
Format: Preprint
Published: 2024
Subjects:
Online Access:https://arxiv.org/abs/2407.09321
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Table of 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.