Let
The
We investigate the precise large deviations of random sums of negatively dependent random variables with consistently varying tails. We find out the asymptotic behavior of precise large deviations of random sums is insensitive to the negative dependence. We also consider the generalized dependent compound renewal risk model with consistent variation, which including premium process and claim process, and obtain the asymptotic behavior of the tail probabilities of the claim surplus process.
We consider a two-dimensional reduced form contagion model with regime-switching interacting default intensities. The model assumes the intensities of the default times are driven by macro-economy described by a homogeneous Markov chain as well as the other default. By using the idea of ‘change of measure’ and some closed-form formulas for the Laplace transforms of the integrated intensity processes, we derive the two-dimensional conditional and unconditional joint distributions of the default times. Based on these results, we give the explicit formulas for the fair spreads of the first-to-default and second-to-default credit default swaps (CDSs) on two underlyings.
We construct two kinds of stochastic flows of discrete Galton-Watson branching processes. Some scaling limit theorems for the flows are proved, which lead to local and nonlocal branching superprocesses over the positive half line.
We obtain the optimal integrability for positive solutions of the Euler-Lagrange system of the weighted Hardy-Littlewood-Sobolev inequality in
We consider the following problem: for a collection of points in an
The aim of this paper is two folds. First, we shall prove a general reduction theorem to the Spannenintegral of products of (generalized) Kubert functions. Second, we apply the special case of Carlitz’s theorem to the elaboration of earlier results on the mean values of the product of Dirichlet
An important tool for the construction of periodic wavelet frame with the help of extension principles was presented in the Fourier domain by Zhang and Saito [Appl. Comput. Harmon. Anal., 2008, 125: 68-186]. We extend their results to the dilation matrix cases in two aspects. We first show that the periodization of any wavelet frame constructed by the unitary extension principle formulated by Ron and Shen is still a periodic wavelet frame under weaker conditions than that given by Zhang and Saito, and then prove that the periodization of those generated by the mixed extension principle is also a periodic wavelet frame if the scaling functions have compact supports.
We give a Gr?bner-Shirshov basis of quantum group of type
Let
We show that an (eventually) strongly increasing and positively homogeneous mapping
The Perron method is used to establish the existence of viscosity solutions to the exterior Dirichlet problems for a class of Hessian type equations with prescribed behavior at infinity.
The global crystal basis or canonical basis plays an important role in the theory of the quantized enveloping algebras and their representations. The tight monomials are the simplest elements in the canonical basis. We discuss the tight monomials in quantized enveloping algebra of type B3.