Diffusing Diffusivity Model with Dichotomous Noise

We study Langevin dynamics with stochastic diffusivity arising from fluctuations of the surrounding medium. The diffusivity is modeled as Ornstein-Uhlenbeck process driven by symmetric dichotomous noise, which confines it to a finite interval. We derive analytical expressions for the short-time probability density function (PDF) of the particle displacement and analyse its asymptotic behaviour. While the PDF retains the characteristic logarithmic divergence at the origin, its tails differ from the Gaussian white-noise case: exponential tails are replaced by Gaussian ones modulated by a power-law with a switching-rate-dependent exponent. At long times, the dynamics converges to ordinary Gaussian diffusion. We determine the variance and covariance of the time-averaged stochastic diffusivity and show that it is self-averaging. The model provides a minimal analytically tractable framework for stochastic transport in environments with bounded or switching fluctuations.