Limit theorems for $σ$-localized Émery convergence

Fuente: arXiv
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Autore principale: Melnikov, Vasily
Natura: Preprint
Pubblicazione: 2024
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author Melnikov, Vasily
author_facet Melnikov, Vasily
contents Given a bounded sequence $\{X^{n}\}_{n}$ of semimartingales on a time interval $[0,T]$, we find a sequence of convex combinations $\{Y^{n}\}_{n}$ and a limiting semimartingale $Y$ such that $\{Y^{n}\}_{n}$ converges to $Y$ in a $σ$-localized modification of the Émery topology. More precisely, $\{Y^{n}\}_{n}$ converges to $Y$ in the Émery topology on an increasing sequence $\{D_{n}\}_{n}$ of predictable sets covering $Ω\times[0,T]$. We also prove some technical variants of this theorem, including a version where the complement of $\{D_{n}\}_{n}$ forms a disjoint sequence. Applications include a complete characterization of sequences admitting convex combinations converging in the Émery topology, and a supermartingale counterpart of Helly's selection theorem.
format Preprint
id arxiv_https___arxiv_org_abs_2408_03476
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Limit theorems for $σ$-localized Émery convergence
Melnikov, Vasily
Probability
Functional Analysis
60G44, 60H05, 46A50
Given a bounded sequence $\{X^{n}\}_{n}$ of semimartingales on a time interval $[0,T]$, we find a sequence of convex combinations $\{Y^{n}\}_{n}$ and a limiting semimartingale $Y$ such that $\{Y^{n}\}_{n}$ converges to $Y$ in a $σ$-localized modification of the Émery topology. More precisely, $\{Y^{n}\}_{n}$ converges to $Y$ in the Émery topology on an increasing sequence $\{D_{n}\}_{n}$ of predictable sets covering $Ω\times[0,T]$. We also prove some technical variants of this theorem, including a version where the complement of $\{D_{n}\}_{n}$ forms a disjoint sequence. Applications include a complete characterization of sequences admitting convex combinations converging in the Émery topology, and a supermartingale counterpart of Helly's selection theorem.
title Limit theorems for $σ$-localized Émery convergence
topic Probability
Functional Analysis
60G44, 60H05, 46A50
url https://arxiv.org/abs/2408.03476