Random-time isotropic fractional stable fields
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Abstract: Generalizing both Substable FSMs and Indicator FSMs, we introduce alpha-stabilized subordination, a procedure which produces new FSMs (H-sssi symmetric stable processes) from old ones. We extend these processes to isotropic stable fields which have stationary increments in the strong sense, i.e., processes which are invariant under Euclidean rigid motions of the multi-dimensional time parameter. We also prove a Stable Central Limit Theorem which provides an intuitive picture of alpha-stabilized subordination. Finally we show that alpha-stabilized subordination of Linear FSMs produces null-conservative FSMs, a class of FSMs introduced in Samorodnitsky (2005).
The paper presents a random kernel-type construction of self-similar symmetric \(\alpha\)-stable processes with stationary increments. This so-called \(\alpha\)-stabilized subordination generalizes former constructions of indicator fractional stable motions in [\textit{P. H. Jung}, Electron. Commun. Probab. 16, 165--173 (2011; Zbl 1231.60041)] and is justified by a stable limit theorem. The author presents examples and proves that random-time linear fractional stable motions are null-conservative.
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- scientific article; zbMATH DE number 4203373
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Cited in
(4)- New classes of self-similar symmetric stable random fields
- Rotational invariance of stochastic processes with application to fractional dynamics
- Integral-geometric construction of self-similar stable processes
- Harmonizable fractional stable fields: local nondeterminism and joint continuity of the local times
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