Exchangeable fragmentation-coalescence processes and their equilibrium measures

We define and study a family of Markov processes with state space the compact set of all partitions of ℕ that we call exchangeable fragmentation-coalescence processes. They can be viewed as a combination of homogeneous fragmentation as defined by Bertoin and of homogenous coalescence as defined by P...

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Bibliographic Details
Main Author: Berestycki, J
Format: Journal article
Language:English
Published: 2004
Description
Summary:We define and study a family of Markov processes with state space the compact set of all partitions of ℕ that we call exchangeable fragmentation-coalescence processes. They can be viewed as a combination of homogeneous fragmentation as defined by Bertoin and of homogenous coalescence as defined by Pitman and Schweinsberg or Möhle and Sagitov. We show that they admit a unique invariant probability measure and we study some properties of their paths and of their equilibrium measure.