Excursion theory for Markov processes indexed by Levy trees
Probability
2024-11-20 v1
Abstract
We develop an excursion theory that describes the evolution of a Markov process indexed by a Levy tree away from a regular and instantaneous point of the state space. The theory builds upon a notion of local time at that was recently introduced in [37]. Despite the radically different setting, our results exhibit striking similarities to the classical excursion theory for -indexed Markov processes. We then show that the genealogy of the excursions can be encoded in a Levy tree called the tree coded by the local time. In particular, we recover by different methods the excursion theory of Abraham and Le Gall [2], which was developed for Brownian motion indexed by the Brownian tree.
Cite
@article{arxiv.2411.12717,
title = {Excursion theory for Markov processes indexed by Levy trees},
author = {Armand Riera and Alejandro Rosales-Ortiz},
journal= {arXiv preprint arXiv:2411.12717},
year = {2024}
}
Comments
64 pages. Comments are welcome