English

Spectral theory for one-dimensional (non-symmetric) stable processes killed upon hitting the origin

Probability 2019-10-29 v1

Abstract

We obtain an integral formula for the distribution of the first hitting time of the origin for one-dimensional α\alpha-stable processes XtX_t, where α(1,2)\alpha\in(1,2). We also find a spectral-type integral formula for the transition operators P0tP_0^t of XtX_t killed upon hitting the origin. Both expressions involve exponentially growing oscillating functions, which play a role of generalised eigenfunctions for P0tP_0^t.

Keywords

Cite

@article{arxiv.1910.12821,
  title  = {Spectral theory for one-dimensional (non-symmetric) stable processes killed upon hitting the origin},
  author = {Jacek Mucha},
  journal= {arXiv preprint arXiv:1910.12821},
  year   = {2019}
}