On fractional stable processes and sheets: white noise approach (Q854079): Difference between revisions

Let \(1<\alpha<2\) and \(0<\beta<1- 1/\alpha\). The authors investigate so-called \(\beta\)-fractional \(\alpha\)-stable processes \(X_\alpha^\beta\) defined by \[ X_\alpha^\beta(t):=\frac{1}{\beta\,\Gamma(\beta)}\int_{-\infty}^t [(t-u)^\beta-(-u)^\beta_+]\d X_\alpha(u) \] where \(X_\alpha\) is a standard \(\alpha\)-stable Lévy motion. The new ingredient in that paper is a white noise approach (w.r.t.~the pairing of \(\mathcal S(\mathbb R)\) and \(\mathcal S'(\mathbb R)\)) to construct these processes via fractional integration operators of Riemann-Liouville type.