English

Supremum distribution of Bessel process of drifting Brownian motion

Probability 2015-01-15 v1

Abstract

Let (B^{(1)}_t ;B^{(2)}_t ;B^{(3)}_t + \mu t) be a three-dimensional Brownian motion with drift \mu, starting at the origin. Then X_t = ||(B^{(1)}_t ;B^{(2)}_t ;B^{(3)}_t +\mu t)||, its distance from the starting point, is a diffusion with many applications. We investigate the distribution of the supremum of (X_t), give an infinite-series formula for its density and an exact estimate by elementary functions.

Keywords

Cite

@article{arxiv.1501.03200,
  title  = {Supremum distribution of Bessel process of drifting Brownian motion},
  author = {Andrzej Pyć and Grzegorz Serafin and Tomasz Żak},
  journal= {arXiv preprint arXiv:1501.03200},
  year   = {2015}
}