An overshoot approach to recurrence and transience of Markov processes
AbstractWe develop criteria for recurrence and transience of one-dimensional Markov processes which have jumps and oscillate between +[infinity] and -[infinity]. The conditions are based on a Markov chain which only consists of jumps (overshoots) of the process into complementary parts of the state space. In particular, we show that a stable-like process with generator -(-[Delta])[alpha](x)/2 such that [alpha](x)=[alpha] for x R for some R>0 and [alpha],[beta][set membership, variant](0,2) is transient if and only if [alpha]+[beta]
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Bibliographic InfoArticle provided by Elsevier in its journal Stochastic Processes and their Applications.
Volume (Year): 121 (2011)
Issue (Month): 9 (September)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/505572/description#description
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