Toeplitz quotient \(C^*\)-algebras and ratio limits for random walks (Q2237707)

Summary: We study quotients of the Toeplitz \(C^*\)-algebra of a random walk, similar to those studied by the author and Markiewicz for finite stochastic matrices. We introduce a new Cuntz-type quotient \(C^*\)-algebra for random walks that have convergent ratios of transition probabilities. These \(C^*\)-algebras give rise to new notions of ratio limit space and boundary for such random walks, which are computed by appealing to a companion paper by Woess. Our combined results are leveraged to identify a unique symmetry-equivariant quotient \(C^*\)-algebra for any symmetric random walk on a hyperbolic group, shedding light on a question of Viselter on \(C^*\)-algebras of subproduct systems.