The Uniform Law for Sojourn Measures of Random Fields
Konstantin Borovkov, Shaun McKinlay

TL;DR
This paper extends the uniform law for sojourn times from processes with cyclically exchangeable increments to more general random fields with invariant properties, broadening the applicability of these probabilistic results.
Contribution
It introduces a generalized uniform law for sojourn measures applicable to a wider class of random fields with invariance properties, expanding previous theoretical frameworks.
Findings
Extended the uniform law to random fields with invariance
Applicable to general parameter sets in random fields
Broadened understanding of sojourn time distributions
Abstract
The uniform law for sojourn times of processes with cyclically exchangeable increments is extended to the case of random fields, with general parameter sets, that possess a suitable invariance property.
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Taxonomy
TopicsFinancial Risk and Volatility Modeling · Stochastic processes and statistical mechanics · Probability and Risk Models
