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About Penalising Brownian paths
Penalising a process is to modify its distribution with a limiting procedure, thus defining a new process whose properties differ somewhat from those of the original one.We are presenting a number of examples of such penalisations in the Brownian and Bessel processes framework. The Martingale theory plays a crucial role.A general principle for penalisation emerges from these examples. In particular, it is shown in the Brownian framework that a positive sigma-finite measure takes a large class of penalisations into account.
Detailed Information
| Author: | Bernard Roynette, Marc Yor (auth.) |
|---|---|
| Publication Year: | 2009 |
| ISBN: | 9783540896982 |
| Pages: | 290 |
| Language: | English |
| File Size: | 2.65 |
| Format: | |
| Price: | FREE |
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