Integration with respect to local time and Ito's formula for smooth nondegenerate martingales

We show an It o's formula for nondegenerate Brownian martingales Xt = R t 0 us dWs and functions F(x, t) with locally integrable derivatives in t and x. We prove that one can express the additional term in It o's s formula as an integral over space and time with respect to local time.

Detalhes bibliográficos
Autores: Bardina i Simorra, Xavier, Rovira Escofet, Carles
Formato: artículo
Estado:Versión publicada
Fecha de publicación:2010
País:España
Recursos:Universidad de Barcelona
Repositorio:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/132421
Acesso em linha:https://hdl.handle.net/2445/132421
Access Level:acceso abierto
Palavra-chave:Moviment brownià
Martingales (Matemàtica)
Brownian movements
Martingales (Mathematics)
Descrição
Resumo:We show an It o's formula for nondegenerate Brownian martingales Xt = R t 0 us dWs and functions F(x, t) with locally integrable derivatives in t and x. We prove that one can express the additional term in It o's s formula as an integral over space and time with respect to local time.