Hitting probabilities for a velocity-switching Markov ladder

ID: hitting-probabilities-for-a-velocity-switching-markov-ladder

On nonnegative levels, a chain moves right at rate in state , left at rate in state , and switches at rate and at rate . The minimal nonnegative solution for hitting is identically one when . When , it is and , where . These cases give recurrence and transience respectively.

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