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arXiv · 2404.06759

Two-point local time penalizations with various clocks for Lévy processes

Kohki Iba·Kouji Yano
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Abstract

Long-time limit of one-dimensional Lévy processes weighted and normalized with respect to the exponential functional of two-point local times are studied. The limit processes may vary according to the choice of random clocks.

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Kohki Iba, Kouji Yano. 2024-05-01. Two-point local time penalizations with various clocks for Lévy processes. https://doi.org/10.30757/alea.v22-07

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