We construct and study properties of an infinite dimensional analog of Kahane’s theory of Gaussian multiplicative chaos (Kahane in Ann Sci Math Quebec 9(2):105-150, 1985). Namely, if HT(ω)\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$H_T(\\omega )$$\\end{document} is a random field defined w.r.t. space-time white noise B˙\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\dot{B}$$\\end{document} and integrated w.r.t. Brownian paths in d≥3\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$d\\ge 3$$\\end{document}, we consider the renormalized exponential μγ,T\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\mu _{\\gamma ,T}$$\\end{document}, weighted w.r.t. the Wiener measure P0(dω)\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\mathbb {P}_0(\ extrm{d}\\omega )$$\\end{document}. We construct the almost sure limit μγ=limT→∞μγ,T\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\mu _\\gamma = \\lim _{T\\rightarrow \\infty } \\mu _{\\gamma ,T}$$\\end{document} in the entire weak disorder (subcritical) regime and call it subcritical GMC on the Wiener space. We show that μγ{ω:limT→∞HT(ω)T(ϕ⋆ϕ)(0)≠γ}=0almostsurely,\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\begin{aligned} \\mu _\\gamma \\Big \\{\\omega : \\lim _{T\\rightarrow \\infty } \\frac{H_T(\\omega )}{T(\\phi \\star \\phi )(0)} \ e \\gamma \\Big \\}=0 \\qquad \ ext{ almost } \ ext{ surely, } \\end{aligned}$$\\end{document}meaning that μγ\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\mu _\\gamma $$\\end{document} is supported almost surely only on γ\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\gamma $$\\end{document}-thick paths, and consequently, the normalized version is singular w.r.t. the Wiener measure. We then characterize uniquely the limit μγ\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\mu _\\gamma $$\\end{document} w.r.t. the mollification scheme ϕ\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\phi $$\\end{document} in the sense of Shamov (J Funct Anal 270:3224–3261, 2016) – we show that the law of B˙\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\dot{B}$$\\end{document} under the random rooted measure Qμγ(dB˙dω)=μγ(dω,B˙)P(dB˙)\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\mathbb Q_{\\mu _\\gamma }(\ extrm{d}\\dot{B}\ extrm{d}\\omega )= \\mu _\\gamma (\ extrm{d}\\omega ,\\dot{B})P(\ extrm{d}\\dot{B})$$\\end{document} is the same as the law of the distribution f↦B˙(f)+γ∫0∞∫Rdf(s,y)ϕ(ωs-y)dsdy\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$f\\mapsto \\dot{B}(f)+ \\gamma \\int _0^\\infty \\int _{\\mathbb {R}^d} f(s,y) \\phi (\\omega _s-y) \ extrm{d}s \ extrm{d}y$$\\end{document} under P⊗P0\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$P \\otimes \\mathbb {P}_0$$\\end{document}. We then determine the fractal properties of the measure around γ\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\gamma $$\\end{document}-thick paths: -C2≤lim infε↓0ε2logμ^γ(‖ω‖<ε)≤lim supε↓0supηε2logμ^γ(‖ω-η‖<ε)≤-C1\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$-C_2 \\le \\liminf _{\\varepsilon \\downarrow 0} \\varepsilon ^2 \\log {\\widehat{\\mu }}_\\gamma (\\Vert \\omega \\Vert< \\varepsilon ) \\le \\limsup _{\\varepsilon \\downarrow 0}\\sup _\\eta \\varepsilon ^2 \\log {\\widehat{\\mu }}_\\gamma (\\Vert \\omega -\\eta \\Vert < \\varepsilon ) \\le -C_1$$\\end{document} w.r.t a weighted norm ‖·‖\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\Vert \\cdot \\Vert $$\\end{document}. Here C1>0\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$C_1>0$$\\end{document} and C2<∞\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$C_2<\\infty $$\\end{document} are the uniform upper (resp. pointwise lower) Hölder exponents which are explicit in the entire weak disorder regime. Moreover, they converge to the scaling exponent of the Wiener measure as the disorder approaches zero. Finally, we establish negative and Lp\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$L^p$$\\end{document} (p>1\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$p>1$$\\end{document}) moments for the total mass of μγ\\documentclass[12pt]{minimal} \\usepackage{amsmath} \\usepackage{wasysym} \\usepackage{amsfonts} \\usepackage{amssymb} \\usepackage{amsbsy} \\usepackage{mathrsfs} \\usepackage{upgreek} \\setlength{\\oddsidemargin}{-69pt} \\begin{document}$$\\mu _\\gamma $$\\end{document} in the weak disorder regime.
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