Simple examples of non-generating Girsanov processes
Let E be an ergodic endomorphism of the Lebesgue probability space X, ℱ, μ. It gives rise to a decreasing sequence of σ-fields A central example is the one-sided shift σ on with product measure. Now let T be an ergodic automorphism of zero entropy on (Y, ν). The [I|T] endomorphismis defined on (X× Y, μ× ν) by . Here ℱ is the σ-field of μ× ν-measurable sets. Each field is a two-point extension of the one beneath it. Vershik has defined as “standard” any decreasing sequence of σ-fields isomorphic...
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