Penalising Brownian Paths

Please select
Please note that the standard 14-day cancellation right terminates upon receiving access to the e-book.

Product description

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.

Accessibility information

Select variation, to see accessibility information

Details

  • ISBN13 9783540896999
  • Released 2009
  • Publisher Springer
  • Format Elektronisk medie
  • Language English