Brownian motion, martingales and Itô formula in Clifford analysis (Q2128114)

In this proceedings paper, the authors introduce further tools of stochastic calculus in the scope of Clifford algebras. In concrete, the notions of martingales, Brownian motion and Itô calculus are introduced. Applications of this novel framework involve the solution of a Dirichlet problem (see Theorem 4.11) and a stochastic counterpart of Liouville's theorem (see Theorem 4.13). In the remaining part of the paper a rough deduction of Itô's formula from the classical Itô formula (see Lemma 5.4) is also obtained, without imposing any additional probabilistic orthogonality assumption. Summing up, the question of finding a faithful Itô formula, encoding the boundary values of conjugate harmonic functions in the upper half-space, remains open. A first attempt to rid the authors' gap should start with the reformulation of the so-called Riesz-Hilbert transform as a conditional expectation of a martingale transform, representing a boundary value \(f\) with membership in \(L^p\).