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Main Authors: Das, Purba, Kim, Donghan, Lim, Fang Rui
Format: Preprint
Published: 2026
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Online Access:https://arxiv.org/abs/2604.05941
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author Das, Purba
Kim, Donghan
Lim, Fang Rui
author_facet Das, Purba
Kim, Donghan
Lim, Fang Rui
contents We study pathwise $p$-th variation of continuous paths on a compact interval along a fixed partition sequence. Although the class of continuous paths with finite $p$-th variation is generally not linear, we develop a coefficient-based approach via Faber-Schauder expansions that, for any $p>1$, enables the construction of paths with prescribed $p$-th variation while preserving useful linear structures and Hölder regularity. We first construct continuous paths with linear $p$-th variation from suitable conditions on their Faber-Schauder coefficients. We then prescribe nonlinear $p$-th variation through a multiplicative transformation and show that, whenever nonempty, the class of Hölder continuous paths with a given $p$-th variation is dense in $C([0,1])$. Next, we introduce a transport procedure that turns a Banach subspace of continuous functions into a Banach subspace of paths with explicitly controlled $p$-th variation. We also prove stability of the associated pathwise Föllmer-Itô map on these transported subspaces. Finally, via time-changes, we show that this constructive framework extends from $q$-adic partition sequences to broader classes of dense $q$-refining partition sequences.
format Preprint
id arxiv_https___arxiv_org_abs_2604_05941
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle Banach spaces of continuous paths with finite $p$-th variation
Das, Purba
Kim, Donghan
Lim, Fang Rui
Probability
26A45, 41A30, 42C40, 46E15, 60G17
We study pathwise $p$-th variation of continuous paths on a compact interval along a fixed partition sequence. Although the class of continuous paths with finite $p$-th variation is generally not linear, we develop a coefficient-based approach via Faber-Schauder expansions that, for any $p>1$, enables the construction of paths with prescribed $p$-th variation while preserving useful linear structures and Hölder regularity. We first construct continuous paths with linear $p$-th variation from suitable conditions on their Faber-Schauder coefficients. We then prescribe nonlinear $p$-th variation through a multiplicative transformation and show that, whenever nonempty, the class of Hölder continuous paths with a given $p$-th variation is dense in $C([0,1])$. Next, we introduce a transport procedure that turns a Banach subspace of continuous functions into a Banach subspace of paths with explicitly controlled $p$-th variation. We also prove stability of the associated pathwise Föllmer-Itô map on these transported subspaces. Finally, via time-changes, we show that this constructive framework extends from $q$-adic partition sequences to broader classes of dense $q$-refining partition sequences.
title Banach spaces of continuous paths with finite $p$-th variation
topic Probability
26A45, 41A30, 42C40, 46E15, 60G17
url https://arxiv.org/abs/2604.05941