A new approach to the $L^p$-theory of $-\Delta + b\cdot\nabla$, and its applications to Feller processes with general drifts
Damir Kinzebulatov

TL;DR
This paper develops a comprehensive $L^p$-theory for the operator $- abla^2 + b abla$, enabling the construction of associated Feller processes with general drifts and providing insights into the smoothness of the generator's domain.
Contribution
It introduces a new $L^p$-theory for $- abla^2 + b abla$, linking operator resolvents to semigroup generators and Feller processes with broad drift conditions.
Findings
Established a resolvent operator coinciding with the generator of a holomorphic $C_0$-semigroup.
Proved the operator-valued function provides key regularity information.
Constructed strong Feller processes for a wide class of vector fields.
Abstract
We develop a detailed regularity theory of in , for a wide class of vector fields. The -theory allows us to construct associated strong Feller process in . Our starting object is an operator-valued function, which, we prove, coincides with the resolvent of an operator realization of , the generator of a holomorphic -semigroup on . Then the very form of the operator-valued function yields crucial information about smoothness of the domain of the generator.
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Taxonomy
TopicsStochastic processes and financial applications · Stochastic processes and statistical mechanics · Spectral Theory in Mathematical Physics
