Strong Solutions to a Beta-Wishart Particle System

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Abstract

The purpose of this paper is to study the existence and uniqueness of solutions to a stochastic differential equation (SDE) coming from the eigenvalues of Wishart processes. The coordinates are non-negative, evolve as Cox–Ingersoll–Ross (CIR) processes and repulse each other according to a Coulombian like interaction force. We show the existence of strong and pathwise unique solutions to the system until the first multiple collision and give a necessary and sufficient condition on the parameters of the SDEs for this multiple collision not to occur in finite time.

Original languageEnglish
Pages (from-to)1574-1613
Number of pages40
JournalJournal of Theoretical Probability
Volume35
Issue number3
DOIs
Publication statusPublished - 1 Sept 2022

Keywords

  • Diffusions with gradient drift
  • Random matrices
  • Singular interaction
  • Stochastic differential equations

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