English

On telegraph processes, their first passage times and running extrema

Probability 2021-02-10 v1

Abstract

In this note, we present some ideas for describing the distributions of the running maximum/minimum, first passage times and telegraphic meanders. Explicit formulae for joint distribution of the extrema, the number of velocity switches and the terminal position are derived using coupled integral equations technique.

Keywords

Cite

@article{arxiv.2102.04905,
  title  = {On telegraph processes, their first passage times and running extrema},
  author = {Nikita Ratanov},
  journal= {arXiv preprint arXiv:2102.04905},
  year   = {2021}
}

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9 pages