Abstract
In this work we connect the theory of symmetric Dirichlet forms and direct stochastic calculus to obtain strong existence and pathwise uniqueness for Brownian motion that is perturbed by a series of constant multiples of local times at a sequence of points that has exactly one accumulation point in ℝ. The considered process is identified as special distorted Brownian motion X in dimension one and is studied thoroughly. Besides strong uniqueness, we present necessary and sufficient conditions for nonexplosion, recurrence and positive recurrence as well as for X to be semimartingale and possible applications to advection-diffusion in layered media.
| Original language | English |
|---|---|
| Article number | 82 |
| Journal | Electronic Journal of Probability |
| Volume | 20 |
| DOIs | |
| Publication status | Published - 7 Aug 2015 |
Keywords
- Local time
- Pathwise uniqueness
- Positive recurrence
- Recurrence
- Skew Brownian motion
- Strong existence
- Transience
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