Asymptotic estimation for statistical models of continuous-time discrete martingales

The paper deals with statistical experiments of the continuous-time discrete local martingales, including models of all types of point processes. The process of local density of the discrete local martingales is expressed by a stochastic exponent of the stochastic integral according to the compensa...

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Main Authors: Vaidotas Kanišauskas, Karolina Kanišauskienė
Format: Article
Language:English
Published: Vilnius University Press 2024-12-01
Series:Lietuvos Matematikos Rinkinys
Subjects:
Online Access:https://ojs.test/index.php/LMR/article/view/37772
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author Vaidotas Kanišauskas
Karolina Kanišauskienė
author_facet Vaidotas Kanišauskas
Karolina Kanišauskienė
author_sort Vaidotas Kanišauskas
collection DOAJ
description The paper deals with statistical experiments of the continuous-time discrete local martingales, including models of all types of point processes. The process of local density of the discrete local martingales is expressed by a stochastic exponent of the stochastic integral according to the compensated point measure. General conditions convenient for testing are determined to assure continuous validity of the maximum probability and Bayesian estimators, as well as the continuous asymptotic normality and the asymptotic minimaxity in each compact of the parametric set. The research applies the optimum Fréchet differentiation of random and parametric functions based on the probability in normed spaces in terms of a continuous compensator. It is demonstrated how the basic conditions become much simpler in the case of the renewal process with the continuous compensator.
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issn 0132-2818
2335-898X
language English
publishDate 2024-12-01
publisher Vilnius University Press
record_format Article
series Lietuvos Matematikos Rinkinys
spelling doaj-art-ccd25a34fbde4d2183b179ea7cefec9a2025-08-20T02:44:09ZengVilnius University PressLietuvos Matematikos Rinkinys0132-28182335-898X2024-12-0165B10.15388/LMD.2024.37772Asymptotic estimation for statistical models of continuous-time discrete martingalesVaidotas Kanišauskas0https://orcid.org/0000-0002-6097-4080Karolina Kanišauskienė1https://orcid.org/0000-0001-5371-3408Šiauliai Academy, Vilnius UniversityŠiauliai Academy, Vilnius University The paper deals with statistical experiments of the continuous-time discrete local martingales, including models of all types of point processes. The process of local density of the discrete local martingales is expressed by a stochastic exponent of the stochastic integral according to the compensated point measure. General conditions convenient for testing are determined to assure continuous validity of the maximum probability and Bayesian estimators, as well as the continuous asymptotic normality and the asymptotic minimaxity in each compact of the parametric set. The research applies the optimum Fréchet differentiation of random and parametric functions based on the probability in normed spaces in terms of a continuous compensator. It is demonstrated how the basic conditions become much simpler in the case of the renewal process with the continuous compensator. https://ojs.test/index.php/LMR/article/view/37772continuous-time discrete local martingalelocal asymptotic normalitycompensatordifferentiation in normed spaces
spellingShingle Vaidotas Kanišauskas
Karolina Kanišauskienė
Asymptotic estimation for statistical models of continuous-time discrete martingales
Lietuvos Matematikos Rinkinys
continuous-time discrete local martingale
local asymptotic normality
compensator
differentiation in normed spaces
title Asymptotic estimation for statistical models of continuous-time discrete martingales
title_full Asymptotic estimation for statistical models of continuous-time discrete martingales
title_fullStr Asymptotic estimation for statistical models of continuous-time discrete martingales
title_full_unstemmed Asymptotic estimation for statistical models of continuous-time discrete martingales
title_short Asymptotic estimation for statistical models of continuous-time discrete martingales
title_sort asymptotic estimation for statistical models of continuous time discrete martingales
topic continuous-time discrete local martingale
local asymptotic normality
compensator
differentiation in normed spaces
url https://ojs.test/index.php/LMR/article/view/37772
work_keys_str_mv AT vaidotaskanisauskas asymptoticestimationforstatisticalmodelsofcontinuoustimediscretemartingales
AT karolinakanisauskiene asymptoticestimationforstatisticalmodelsofcontinuoustimediscretemartingales