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math.PR2026

Bridge-Type Processes Associated with Lévy Processes and Their Decompositions

Mohamed Erraoui, Astrid Hilbert, Mohammed Louriki

We study a class of stochastic bridge-type processes whose terminal pinning value is random and is generated by an underlying stochastic process. In contrast with classical bridges…

math.PR2026

Stopping Times in the Filtration of a Brownian Motion Stopped at its Last Passage Time

Mohammed Louriki

We investigate the structural properties of the last passage time at level of a Brownian motion with positive drift , denoted $B^λ = (B_t + λt)_{t \geq 0…

math.PR2025

McKean-Vlasov processes of bridge type

Wolfgang Bock, Astrid Hilbert, Mohammed Louriki

In this paper, we introduce and study McKean-Vlasov processes of bridge type. Specifically, we examine a stochastic differential equation (SDE) of the form: $$\mathrm{d} ξ_t=-μ(t…

math.PR2024

The Impact of Pinning Points on Memorylessness in Lévy Random Bridges

Mohammed Louriki

Random Bridges have gained significant attention in recent years due to their potential applications in various areas, particularly in information-based asset pricing models. This…

math.PR2024

Information-Based Approach: Pricing of a Credit Risky Asset in the Presence of Default Time

Mohammed Louriki

We extend the information-based asset-pricing framework by Brody, Hughston \& Macrina to incorporate a stochastic bankruptcy time for the writer of the asset. Our model introduces…