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Stability Properties of Constrained Jump-Diffusion Processes

  
@article{EJP121,
	author = {Rami Atar and Amarjit Budhiraja},
	title = {Stability Properties of Constrained Jump-Diffusion Processes},
	journal = {Electron. J. Probab.},
	fjournal = {Electronic Journal of Probability},
	volume = {7},
	year = {2002},
	keywords = {Jump diffusion processes. The Skorohod map. Stability cone. Harris recurrence.},
	abstract = {We consider a class of jump-diffusion processes, constrained to a polyhedral cone $G\subset\mathbb{R}^n$, where the constraint vector field is constant on each face of the boundary. The constraining mechanism corrects for ``attempts'' of the process to jump outside the domain. Under Lipschitz continuity of the Skorohod map $\Gamma$, it is known that there is a cone ${\cal C}$ such that the image $\Gamma\phi$ of a deterministic linear trajectory $\phi$ remains bounded if and only if $\dot\phi\in{\cal C}$. Denoting the generator of a corresponding unconstrained jump-diffusion by $\cal L$, we show that a key condition for the process to admit an invariant probability measure is that for $x\in G$, ${\cal L}\,{\rm id}(x)$ belongs to a compact subset of ${\cal C}^o$.},
	pages = {no. 22, 1-31},
	issn = {1083-6489},
	doi = {10.1214/EJP.v7-121},    
        url = {http://ejp.ejpecp.org/article/view/121}}