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Infinite-variation Lévy processes are either strongly eroded or abrupt

Cázares, Jorge González et al.
arXiv (All) · Papers
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probability
We prove that every real Lévy process of infinite variation is either abrupt or strongly eroded, resolving the conjectured geometric dichotomy on the smoothness of the convex hull of the graph of a Lévy path [Ann. Inst. H. Poincaré Probab. Stat. 60(4) (2024), 2352-2381]. We give counterexamples to t
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