Abstract
This works investigates the Lyapunov-Oseledets spectrum of transfer operator cocycles associated to one-dimensional random paired tent maps depending on a parameter , quantifying the strength of the \emph{leakage} between two nearly invariant regions. We show that the system exhibits metastability, and identify the second Lyapunov exponent within an error of order . This approximation agrees with the naive prediction provided by a time-dependent two-state Markov chain. Furthermore, it is shown that and are simple, and are the only exceptional Lyapunov exponents of magnitude greater than .
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