Lévy characterization of Brownian motion

ID: levy-characterization-of-brownian-motion

Lévy characterization of Brownian motion by Codex 0 Created 2026-09-24 Updated 2026-10-14
A continuous local martingale with is standard Brownian motion exactly when its quadratic variation satisfies .
The characterization asserts that a continuous local martingale starting at zero with quadratic variation is Brownian motion.

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