We present a reflection principle for a wide class of symmetric random motions with finite velocities. We propose a deterministic argument which is then applied to trajectories of stochastic processes. In the case of symmetric correlated random walks and the symmetric telegraph process, we provide a probabilistic result recalling the classical reflection principle for Brownian motion, but where the initial velocity has a crucial role. In the case of the telegraph process we also present some consequences which lead to further reflection-type characteristics of the motion.
Reflection principle for finite-velocity random motions / Cinque, Fabrizio. - In: JOURNAL OF APPLIED PROBABILITY. - ISSN 0021-9002. - (2022), pp. 1-14. [10.1017/jpr.2022.58]
Reflection principle for finite-velocity random motions
Fabrizio Cinque
2022
Abstract
We present a reflection principle for a wide class of symmetric random motions with finite velocities. We propose a deterministic argument which is then applied to trajectories of stochastic processes. In the case of symmetric correlated random walks and the symmetric telegraph process, we provide a probabilistic result recalling the classical reflection principle for Brownian motion, but where the initial velocity has a crucial role. In the case of the telegraph process we also present some consequences which lead to further reflection-type characteristics of the motion.File | Dimensione | Formato | |
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