Progressively measurable process

In mathematics, progressive measurability is a property in the theory of stochastic processes.

A progressively measurable process, while defined quite technically, is important because it implies the stopped process is measurable.

Being progressively measurable is a strictly stronger property than the notion of being an adapted process.

[1] Progressively measurable processes are important in the theory of Itô integrals.

is said to be progressively measurable[2] (or simply progressive) if, for every time

is said to be progressively measurable if the process

is progressively measurable in the sense defined above, where

form a sigma algebra on

is progressively measurable in the sense of the previous paragraph if, and only if, it is

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