Penalising symmetric stable L\'evy paths
classification
🧮 math.PR
keywords
stablealphakindlimitsymmetrictheoremstimebrownian
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Limit theorems for the normalized laws with respect to two kinds of weight functionals are studied for any symmetric stable L\'evy process of index $ 1 < \alpha \le 2 $. The first kind is a function of the local time at the origin, and the second kind is the exponential of an occupation time integral. Special emphasis is put on the role played by a stable L\'evy counterpart of the universal $ \sigma $-finite measure, found in [9] and [10], which unifies the corresponding limit theorems in the Brownian setup for which $ \alpha =2 $.
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