Wick Ordering and Kinetic Energy Renormalization for L\'evy White Noise Fields
Rodrigo Vargas Le-Bert

TL;DR
This paper investigates the mathematical formulation of kinetic energy for Levy white noise fields on a torus, employing Wick ordering and renormalization techniques, and finds limitations in renormalizability for certain models.
Contribution
It introduces a generalized Wick ordering approach to define the kinetic energy as an $L^1$ function for Levy white noise fields and analyzes renormalization challenges.
Findings
Wick ordering helps define the kinetic energy as a distribution.
Higher order renormalization is needed but the model appears non-renormalizable.
The approach extends to Gamma fields but does not fully eliminate divergences.
Abstract
Let be a torus and the probability distribution of a L\'evy white noise field . Using projective limit measures we address the problem of making sense of , where is the kinetic energy, as a function in . We start by making sense of itself as a sort of distribution, which is achieved by a generalization of Wick ordering. Then we specify to the case of a field, finding that Wick ordering does not eliminate all divergences. Higher order renormalization would be required, but the model seems to be non-renormalizable.
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Taxonomy
TopicsStochastic processes and financial applications · Diffusion and Search Dynamics · Stochastic processes and statistical mechanics
