Entropies of Cox-Ingersoll-Ross and Bessel processes as functions of time and of related parameters

Fuente: arXiv
Guardado en:
Detalles Bibliográficos
Autores principales: Kucha, Ivan, Mishura, Yuliya, Ralchenko, Kostiantyn
Formato: Preprint
Publicado: 2025
Materias:
Acceso en línea:
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
_version_ 1866911066618855424
author Kucha, Ivan
Mishura, Yuliya
Ralchenko, Kostiantyn
author_facet Kucha, Ivan
Mishura, Yuliya
Ralchenko, Kostiantyn
contents We investigate the long-time asymptotic behavior of various entropy measures associated with the Cox-Ingersoll-Ross (CIR) and squared Bessel processes. As the one-dimensional distributions of both processes follow noncentral chi-squared laws, we first derive sufficient conditions for the existence of these entropy measures for a noncentral chi-squared random variable. We then analyze their limiting behavior as the noncentrality parameter approaches zero and apply these results to the CIR and squared Bessel processes. We prove that, as time tends to infinity, the entropies of the CIR process converge to those of its stationary distribution, while for the squared Bessel process, the Shannon, Rényi, and generalized Rényi entropies diverge, however, the Tsallis and Sharma-Mittal entropies may diverge or remain finite depending on the entropy parameters. Finally, we demonstrate that, as the CIR process converges to the squared Bessel process, the corresponding entropies also converge.
format Preprint
id arxiv_https___arxiv_org_abs_2507_14684
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Entropies of Cox-Ingersoll-Ross and Bessel processes as functions of time and of related parameters
Kucha, Ivan
Mishura, Yuliya
Ralchenko, Kostiantyn
Probability
94A17, 60E05, 60H10, 60J60
We investigate the long-time asymptotic behavior of various entropy measures associated with the Cox-Ingersoll-Ross (CIR) and squared Bessel processes. As the one-dimensional distributions of both processes follow noncentral chi-squared laws, we first derive sufficient conditions for the existence of these entropy measures for a noncentral chi-squared random variable. We then analyze their limiting behavior as the noncentrality parameter approaches zero and apply these results to the CIR and squared Bessel processes. We prove that, as time tends to infinity, the entropies of the CIR process converge to those of its stationary distribution, while for the squared Bessel process, the Shannon, Rényi, and generalized Rényi entropies diverge, however, the Tsallis and Sharma-Mittal entropies may diverge or remain finite depending on the entropy parameters. Finally, we demonstrate that, as the CIR process converges to the squared Bessel process, the corresponding entropies also converge.
title Entropies of Cox-Ingersoll-Ross and Bessel processes as functions of time and of related parameters
topic Probability
94A17, 60E05, 60H10, 60J60
url https://arxiv.org/abs/2507.14684