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Multi-point local time penalizations with various clocks for one-dimensional Lévy processes

Published 1 Jul 2025 in math.PR | (2507.00457v1)

Abstract: We study the penalization problem with various clocks where the weight is given as the exponential functional of multi-point local times for one-dimensional L\'{e}vy processes. The limit processes may vary according to the choice of random clock, and are singular to the original process.

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