By Kristoffer Glover and others

Let *X=(X_t)_{t\ge0}* be a transient diffusion process in *(0,\infty)* with the diffusion coefficient *\sigma>0* and the scale function *L* such that *X_t\rightarrow\infty* as *t\rightarrow \infty*, let *I_t* denote its running minimum for *t\ge0*, and let *\theta* denote the time of its ultimate minimum *I_{\infty}*. Setting *c(i,x)=1-2L(x)/L(i)* we show that the... Show more

March 12, 2013

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