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

Published 28 Oct 2019 in math.PR | (1910.12821v1)

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 P0<sup>tP_0<sup>t of XtX_t killed upon hitting the origin. Both expressions involve exponentially growing oscillating functions, which play a role of generalised eigenfunctions for P0<sup>tP_0<sup>t.

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