Pseudoprocesses related to higher-order equations of vibrations of rods

Abstract: In this paper we study Fresnel pseudoprocesses whose signed measure density is a solution to a higher-order extension of the equation of vibrations of rods. We also investigate space-fractional extensions of the pseudoprocesses related to the Riesz operator. The measure density is represented in terms of generalized Airy functions which include the classical Airy function as a particular case. We prove that the Fresnel pseudoprocess time-changed with an independent stable subordinator produces genuine stochastic processes. In particular, if the exponent of the subordinator is chosen in a suitable way, the time-changed pseudoprocess is identical in distribution to a mixture of stable processes. The case of a mixture of Cauchy distributions is discussed and we show that the symmetric mixture can be either unimodal or bimodal, while the probability density function of an asymmetric mixture can possibly have an inflection point.