Independent increments

In probability theory, independent increments are a property of stochastic processes and random measures.

Most of the time, a process or random measure has independent increments by definition, which underlines their importance.

Some of the stochastic processes that by definition possess independent increments are the Wiener process, all Lévy processes, all additive process[1] and the Poisson point process.

be a stochastic process.

In most cases,

Then the stochastic process has independent increments if and only if for every

and any choice

with the random variables are stochastically independent.

[2] A random measure

ξ

has got independent increments if and only if the random variables

are stochastically independent for every selection of pairwise disjoint measurable sets

be a random measure on

and define for every bounded measurable set

the random measure

is called a random measure with independent S-increments, if for all bounded sets

the random measures

are independent.

[4] Independent increments are a basic property of many stochastic processes and are often incorporated in their definition.

The notion of independent increments and independent S-increments of random measures plays an important role in the characterization of Poisson point process and infinite divisibility.