Asymptotic expansions for the Laplace approximations for Itô functionals of Brownian rough paths

Yuzuru Inahama, Hiroshi Kawabi

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14 Citations (Scopus)

Abstract

In this paper, we establish asymptotic expansions for the Laplace approximations for Itô functionals of Brownian rough paths under the condition that the phase function has finitely many non-degenerate minima. Our main tool is the Banach space-valued rough path theory of T. Lyons. We use a large deviation principle and the stochastic Taylor expansion with respect to the topology of the space of geometric rough paths. This is a continuation of a series of papers by Inahama [Y. Inahama, Laplace's method for the laws of heat processes on loop spaces, J. Funct. Anal. 232 (2006) 148-194] and by Inahama and Kawabi [Y. Inahama, H. Kawabi, Large deviations for heat kernel measures on loop spaces via rough paths, J. London Math. Soc. 73 (3) (2006) 797-816], [Y. Inahama, H. Kawabi, On asymptotics of certain Banach space-valued Itô functionals of Brownian rough paths, in: Proceedings of the Abel Symposium 2005, Stochastic Analysis and Applications, A Symposium in Honor of Kiyosi Itô, Springer, Berlin, in press. Available at: http://www.abelprisen.no/no/abelprisen/deltagere_2005.html].

Original languageEnglish
Pages (from-to)270-322
Number of pages53
JournalJournal of Functional Analysis
Volume243
Issue number1
DOIs
Publication statusPublished - Feb 1 2007

Keywords

  • Asymptotic expansions
  • Itô functional
  • Laplace approximation
  • Large deviation principle
  • Rough path theory
  • Stochastic Taylor expansion

ASJC Scopus subject areas

  • Analysis

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