The fractional Laplacian with reflections
Krzysztof Bogdan, Markus Kunze

TL;DR
This paper studies the analytical properties of the fractional Laplacian with reflections, focusing on the associated semigroup, its generator, and convergence to equilibrium within bounded Lipschitz domains.
Contribution
It constructs the transition semigroup, identifies its generator, and proves exponential convergence to a stationary distribution for the reflected fractional Laplacian.
Findings
Construction of the transition semigroup for reflected fractional Laplacian
Identification of the generator of the semigroup
Proof of exponential convergence to stationary distribution
Abstract
Motivated by the notion of isotropic -stable L\'evy processes confined, by reflections, to a bounded open Lipschitz set , we study some related analytical objects. Thus, we construct the corresponding transition semigroup, identify its generator and prove exponential speed of convergence of the semigroup to a unique stationary distribution for large time.
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Taxonomy
TopicsStochastic processes and financial applications · Spectral Theory in Mathematical Physics · Mathematical Dynamics and Fractals
