Continuous Strong Markov Processes in Dimension One

Name: Continuous Strong Markov Processes in Dimension One
Brand: Springer Nature
SKU: 9783540697862
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Springer Nature

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9783540697862

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The book presents an in-depth study of arbitrary one-dimensional continuous strong Markov processes using methods of stochastic calculus. Departing from the classical approaches, a unified investigation of regular as well as arbitrary non-regular diffusions is provided. A general construction method for such processes, based on a generalization of the concept of a perfect additive functional, is developed. The intrinsic decomposition of a continuous strong Markov semimartingale is discovered. The book also investigates relations to stochastic differential equations and fundamental examples of irregular diffusions.

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