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Adaptive estimation for degenerate diffusion processes

Adaptive estimation for degenerate diffusion processes

We discuss parametric estimation of a degenerate diffusion system from time-discrete observations. The first component of the degenerate diffusion system has a parameter ๐œƒ1 in a non-degenerate diffusion coefficient and a parameter ๐œƒ2 in the drift term. The second component has a drift term parameterized by ๐œƒ3 and no diffusion โ€ฆ