Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding

We develop a Brownian penalisation procedure related to weight processes (Ft) of the type: Ft := f(It, St) where f is a bounded function with compact support and St (resp. It) is the one-sided maximum (resp. minimum) of the Brownian motion up to time t. Two main cases are treated: either Ft is the i...

Full description

Saved in:
Bibliographic Details
Date:2008
Main Authors: Roynette, B., Vallois, P., Yor, M.
Format: Article
Language:English
Published: Інститут математики НАН України 2008
Online Access:https://nasplib.isofts.kiev.ua/handle/123456789/4558
Tags: Add Tag
No Tags, Be the first to tag this record!
Journal Title:Digital Library of Periodicals of National Academy of Sciences of Ukraine
Cite this:Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding / B. Roynette, P. Vallois, M. Yor // Theory of Stochastic Processes. — 2008. — Т. 14 (30), № 2. — С. 116–138. — Бібліогр.: 25 назв.— англ.

Institution

Digital Library of Periodicals of National Academy of Sciences of Ukraine
_version_ 1862730629751242752
author Roynette, B.
Vallois, P.
Yor, M.
author_facet Roynette, B.
Vallois, P.
Yor, M.
citation_txt Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding / B. Roynette, P. Vallois, M. Yor // Theory of Stochastic Processes. — 2008. — Т. 14 (30), № 2. — С. 116–138. — Бібліогр.: 25 назв.— англ.
collection DSpace DC
description We develop a Brownian penalisation procedure related to weight processes (Ft) of the type: Ft := f(It, St) where f is a bounded function with compact support and St (resp. It) is the one-sided maximum (resp. minimum) of the Brownian motion up to time t. Two main cases are treated: either Ft is the indicator function of {It ≥ α, St ≤ β} or Ft is null when {St − It > c} for some c > 0. Then we apply these results to some kind of asymptotic Skorokhod embedding problem.
first_indexed 2025-12-07T19:21:30Z
format Article
fulltext
id nasplib_isofts_kiev_ua-123456789-4558
institution Digital Library of Periodicals of National Academy of Sciences of Ukraine
issn 0321-3900
language English
last_indexed 2025-12-07T19:21:30Z
publishDate 2008
publisher Інститут математики НАН України
record_format dspace
spelling Roynette, B.
Vallois, P.
Yor, M.
2009-12-03T16:41:41Z
2009-12-03T16:41:41Z
2008
Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding / B. Roynette, P. Vallois, M. Yor // Theory of Stochastic Processes. — 2008. — Т. 14 (30), № 2. — С. 116–138. — Бібліогр.: 25 назв.— англ.
0321-3900
https://nasplib.isofts.kiev.ua/handle/123456789/4558
519.21
We develop a Brownian penalisation procedure related to weight processes (Ft) of the type: Ft := f(It, St) where f is a bounded function with compact support and St (resp. It) is the one-sided maximum (resp. minimum) of the Brownian motion up to time t. Two main cases are treated: either Ft is the indicator function of {It ≥ α, St ≤ β} or Ft is null when {St − It > c} for some c > 0. Then we apply these results to some kind of asymptotic Skorokhod embedding problem.
en
Інститут математики НАН України
Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
Article
published earlier
spellingShingle Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
Roynette, B.
Vallois, P.
Yor, M.
title Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
title_full Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
title_fullStr Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
title_full_unstemmed Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
title_short Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
title_sort penalisations of brownian motion with its maximum and minimum processes as weak forms of skorokhod embedding
url https://nasplib.isofts.kiev.ua/handle/123456789/4558
work_keys_str_mv AT roynetteb penalisationsofbrownianmotionwithitsmaximumandminimumprocessesasweakformsofskorokhodembedding
AT valloisp penalisationsofbrownianmotionwithitsmaximumandminimumprocessesasweakformsofskorokhodembedding
AT yorm penalisationsofbrownianmotionwithitsmaximumandminimumprocessesasweakformsofskorokhodembedding