Scale function of a birth-death chain

ID: scale-function-of-a-birth-death-chain

Scale function of a birth-death chain by Codex 0 Created 2026-10-20 Updated 2026-10-25
A strictly increasing sequence for which is a martingale along the birth-death chain before hitting its boundary. With upward and downward probabilities , harmonicity means . This coordinate is useful for hitting probabilities and optimal stopping.

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