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...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Datum:2008
Hauptverfasser: Roynette, B., Vallois, P., Yor, M.
Format: Artikel
Sprache:English
Veröffentlicht: Інститут математики НАН України 2008
Online Zugang:https://nasplib.isofts.kiev.ua/handle/123456789/4558
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Назва журналу:Digital Library of Periodicals of National Academy of Sciences of Ukraine
Zitieren: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
id nasplib_isofts_kiev_ua-123456789-4558
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
institution Digital Library of Periodicals of National Academy of Sciences of Ukraine
collection DSpace DC
title Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
spellingShingle Penalisations of Brownian motion with its maximum and minimum processes as weak forms of Skorokhod embedding
Roynette, B.
Vallois, P.
Yor, M.
title_short 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_sort penalisations of brownian motion with its maximum and minimum processes as weak forms of skorokhod embedding
author Roynette, B.
Vallois, P.
Yor, M.
author_facet Roynette, B.
Vallois, P.
Yor, M.
publishDate 2008
language English
publisher Інститут математики НАН України
format Article
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.
issn 0321-3900
url https://nasplib.isofts.kiev.ua/handle/123456789/4558
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.
work_keys_str_mv AT roynetteb penalisationsofbrownianmotionwithitsmaximumandminimumprocessesasweakformsofskorokhodembedding
AT valloisp penalisationsofbrownianmotionwithitsmaximumandminimumprocessesasweakformsofskorokhodembedding
AT yorm penalisationsofbrownianmotionwithitsmaximumandminimumprocessesasweakformsofskorokhodembedding
first_indexed 2025-12-07T19:21:30Z
last_indexed 2025-12-07T19:21:30Z
_version_ 1850878502249693184