The calculation of expectations for classes of diffusion processes by Lie symmetry methods

dc.creatorCraddock, Mark
dc.creatorLennox, Kelly A.
dc.date2009-02-27
dc.date.accessioned2026-07-07T12:47:35Z
dc.date.available2026-07-07T12:47:35Z
dc.descriptionThis paper uses Lie symmetry methods to calculate certain expectations for a large class of Itô diffusions. We show that if the problem has sufficient symmetry, then the problem of computing functionals of the form $E_x(e^{-λX_t-\int_0^tg(X_s) ds})$ can be reduced to evaluating a single integral of known functions. Given a drift $f$ we determine the functions $g$ for which the corresponding functional can be calculated by symmetry. Conversely, given $g$, we can determine precisely those drifts $f$ for which the transition density and the functional may be computed by symmetry. Many examples are presented to illustrate the method.
dc.descriptionPublished in at http://dx.doi.org/10.1214/08-AAP534 the Annals of Applied Probability (http://www.imstat.org/aap/) by the Institute of Mathematical Statistics (http://www.imstat.org)
dc.identifierhttps://arxiv.org/abs/0902.4806
dc.identifierhttp://arxiv.org/abs/0902.4806
dc.identifierAnnals of Applied Probability 2009, Vol. 19, No. 1, 127-157
dc.identifierdoi:10.1214/08-AAP534
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/221768
dc.subjectProbability
dc.subject35C05, 35K15, 60H99, 60G99 (Primary)
dc.titleThe calculation of expectations for classes of diffusion processes by Lie symmetry methods
dc.typetext

Files

Collections