Excursions Above the Minimum for Diffusions
Fitzsimmons, P. J.
Original · EN
We demonstrate the existence of a "Lévy system" for the excursions of a one-dimensional diffusion process above its past-minimum process. As applications we provide a direct proof of D. Williams' decomposition (in both a global and a local form) and of a theorem of W. Vervaat.
English translation
This paper has no Arabic translation yet. Be the first: it takes a few seconds, and the result is stored for every future reader.