Clark-Ocone Formula for Generalized Functionals of Discrete-Time Normal Noises

The Clark-Ocone formula in the theory of discrete-time chaotic calculus holds only for square integrable functionals of discrete-time normal noises. In this paper, we aim at extending this formula to generalized functionals of discrete-time normal noises. Let Z be a discrete-time normal noise that h...

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Main Authors: Caishi Wang, Shuai Lin, Ailing Huang
Format: Article
Language:English
Published: Wiley 2018-01-01
Series:Journal of Function Spaces
Online Access:http://dx.doi.org/10.1155/2018/2954695
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author Caishi Wang
Shuai Lin
Ailing Huang
author_facet Caishi Wang
Shuai Lin
Ailing Huang
author_sort Caishi Wang
collection DOAJ
description The Clark-Ocone formula in the theory of discrete-time chaotic calculus holds only for square integrable functionals of discrete-time normal noises. In this paper, we aim at extending this formula to generalized functionals of discrete-time normal noises. Let Z be a discrete-time normal noise that has the chaotic representation property. We first prove a result concerning the regularity of generalized functionals of Z. Then, we use the Fock transform to define some fundamental operators on generalized functionals of Z and apply the abovementioned regularity result to prove the continuity of these operators. Finally, we establish the Clark-Ocone formula for generalized functionals of Z and show its application results, which include the covariant identity result and the variant upper bound result for generalized functionals of Z.
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publishDate 2018-01-01
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spelling doaj-art-e17374c199e4490a96a5c983684a496d2025-08-20T03:20:58ZengWileyJournal of Function Spaces2314-88962314-88882018-01-01201810.1155/2018/29546952954695Clark-Ocone Formula for Generalized Functionals of Discrete-Time Normal NoisesCaishi Wang0Shuai Lin1Ailing Huang2School of Mathematics and Statistics, Northwest Normal University, Lanzhou, Gansu 730070, ChinaSchool of Mathematics and Statistics, Northwest Normal University, Lanzhou, Gansu 730070, ChinaSchool of Mathematics and Statistics, Northwest Normal University, Lanzhou, Gansu 730070, ChinaThe Clark-Ocone formula in the theory of discrete-time chaotic calculus holds only for square integrable functionals of discrete-time normal noises. In this paper, we aim at extending this formula to generalized functionals of discrete-time normal noises. Let Z be a discrete-time normal noise that has the chaotic representation property. We first prove a result concerning the regularity of generalized functionals of Z. Then, we use the Fock transform to define some fundamental operators on generalized functionals of Z and apply the abovementioned regularity result to prove the continuity of these operators. Finally, we establish the Clark-Ocone formula for generalized functionals of Z and show its application results, which include the covariant identity result and the variant upper bound result for generalized functionals of Z.http://dx.doi.org/10.1155/2018/2954695
spellingShingle Caishi Wang
Shuai Lin
Ailing Huang
Clark-Ocone Formula for Generalized Functionals of Discrete-Time Normal Noises
Journal of Function Spaces
title Clark-Ocone Formula for Generalized Functionals of Discrete-Time Normal Noises
title_full Clark-Ocone Formula for Generalized Functionals of Discrete-Time Normal Noises
title_fullStr Clark-Ocone Formula for Generalized Functionals of Discrete-Time Normal Noises
title_full_unstemmed Clark-Ocone Formula for Generalized Functionals of Discrete-Time Normal Noises
title_short Clark-Ocone Formula for Generalized Functionals of Discrete-Time Normal Noises
title_sort clark ocone formula for generalized functionals of discrete time normal noises
url http://dx.doi.org/10.1155/2018/2954695
work_keys_str_mv AT caishiwang clarkoconeformulaforgeneralizedfunctionalsofdiscretetimenormalnoises
AT shuailin clarkoconeformulaforgeneralizedfunctionalsofdiscretetimenormalnoises
AT ailinghuang clarkoconeformulaforgeneralizedfunctionalsofdiscretetimenormalnoises