A novel inhomogeneous random walk with spatial decay and per-excursion renewal allows exact computation of hitting probabilities via scale functions and related quantities via difference equations.
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Analysis of an Inhomogeneous Random Walk with Spatial Decay of Transition Probabilities and Parameter Renewal per Excursion
A novel inhomogeneous random walk with spatial decay and per-excursion renewal allows exact computation of hitting probabilities via scale functions and related quantities via difference equations.