Sticky flows on the circle

Abstract

The purpose of this note is to give an example of stochastic flows of kernels, which naturally interpolates between the Arratia coalescing flow associated with systems of coalescing independent Brownian particles on the circle and the deterministic diffusion flow (actually, the results are given in the slightly more general framework of symmetric Levy processes for which points are not polar). The construction is performed using Dirichlet form theory and the extension of De Finetti's theorem given in the previous work by the authors. The sticky flows of kernels are associated with systems of sticky independent Levy particles on the circle, for some fixed parameter of stickyness. Some elementary asymptotic properties of the flow are also given.