Stretched Brownian Motion: convergence of dual optimising sequences

Fuente: arXiv
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Main Authors: Schachermayer, Walter, Siorpaes, Pietro
Format: Preprint
Published: 2025
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author Schachermayer, Walter
Siorpaes, Pietro
author_facet Schachermayer, Walter
Siorpaes, Pietro
contents We consider an irreducible pair $μ\leq_c ν$ of probability measures on $\mathbb{R}^d$ in convex order. In arXiv:2306.11019, Backhoff, Beiglböck, Schachermayer and Tschiderer have shown that the Stretched Brownian Motion from $μ$ to $ν$ is a Bass martingale, that there exists a dual optimiser $ψ_{lim}$, and the following somewhat surprising convergence result: by adding affine functions, one can make any dual optimising sequence $(ψ_n)_n$ (satisfying some minor technical conditions) converge pointwise to $ψ_{lim}$, save possibly on the relative boundary of the convex hull of the support of $ν$. In the present paper we deal with the more delicate issue of convergence on said boundary, showing in particular that $ψ_{lim}$ is $ν$ a.s. finite, and $(ψ_n)_n$ converges to $ψ_{lim}$ in $ν$-measure.
format Preprint
id arxiv_https___arxiv_org_abs_2508_20017
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Stretched Brownian Motion: convergence of dual optimising sequences
Schachermayer, Walter
Siorpaes, Pietro
Probability
Primary 60G42, 60G44, Secondary 91G20
We consider an irreducible pair $μ\leq_c ν$ of probability measures on $\mathbb{R}^d$ in convex order. In arXiv:2306.11019, Backhoff, Beiglböck, Schachermayer and Tschiderer have shown that the Stretched Brownian Motion from $μ$ to $ν$ is a Bass martingale, that there exists a dual optimiser $ψ_{lim}$, and the following somewhat surprising convergence result: by adding affine functions, one can make any dual optimising sequence $(ψ_n)_n$ (satisfying some minor technical conditions) converge pointwise to $ψ_{lim}$, save possibly on the relative boundary of the convex hull of the support of $ν$. In the present paper we deal with the more delicate issue of convergence on said boundary, showing in particular that $ψ_{lim}$ is $ν$ a.s. finite, and $(ψ_n)_n$ converges to $ψ_{lim}$ in $ν$-measure.
title Stretched Brownian Motion: convergence of dual optimising sequences
topic Probability
Primary 60G42, 60G44, Secondary 91G20
url https://arxiv.org/abs/2508.20017