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Regime-switching diffusion processes: strong solutions and strong Feller property

We investigate the existence and uniqueness of strong solutions up to an explosion time for regime-switching diffusion processes in an infinite state space. Instead of concrete conditions on coefficients, our existence and uniqueness result is established under the general assumption that the diffusion in every fixed environment has a unique non-explosive strong solution. Moreover, non-explosion conditions for regime-switching diffusion processes are given. The strong Feller property is proved by further assuming that the diffusion in every fixed environment generates a strong Feller semigroup.

preprint2016arXivOpen access
Shao-Qin Zhang
math.PR
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Shao-Qin Zhang

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