Showing 11 - 15 of 15
Continuous time random walks incorporate a random waiting time between random jumps. They are used in physics to model particle motion. When the time between particle jumps has a slowly varying probability tail, the resulting plume disperses at a slowly varying rate. The limiting stochastic...
Persistent link: https://www.econbiz.de/10005211823
A continuous time random walk (CTRW) is a random walk subordinated to a renewal process, used in physics to model anomalous diffusion. Transition densities of CTRW scaling limits solve fractional diffusion equations. This paper develops more general limit theorems, based on triangular arrays,...
Persistent link: https://www.econbiz.de/10008872852
Ultraslow diffusion is a physical model in which a plume of diffusing particles spreads at a logarithmic rate. Governing partial differential equations for ultraslow diffusion involve fractional time derivatives whose order is distributed over the interval from zero to one. This paper develops...
Persistent link: https://www.econbiz.de/10008874090
A stochastic process on a finite-dimensional real vector space is operator-self-similar if a linear time change produces a new process whose distributions scale back to those of the original process, where we allow scaling by a family of affine linear operators. We prove a spectral decomposition...
Persistent link: https://www.econbiz.de/10008874274
Persistent link: https://www.econbiz.de/10001882200