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The book presents an in-depth study of arbitrary one-dimensional
continuous strong Markov processes using methods of stochastic
calculus. Departing from the classical approaches, a unified
investigation of regular as well as arbitrary non-regular
diffusions is provided. A general construction method for such
processes, based on a generalization of the concept of a perfect
additive functional, is developed. The intrinsic decomposition of a
continuous strong Markov semimartingale is discovered. The book
also investigates relations to stochastic differential equations
and fundamental examples of irregular diffusions.
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