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We obtain explicit solutions for the density $\varphi_T$ of the first-time $T$ that a one-dimensional Brownian process $B$ reaches the twice, continuously differentiable moving boundary $f$ and such that $f''(t)\geq 0$ for all $t\in…

Probability · Mathematics 2009-05-14 Gerardo Hernandez-del-Valle

In this paper we establish relationships between four important concepts: (a) hitting time problems of Brownian motion, (b) 3-dimensional Bessel bridges, (c) Schr\"odinger's equation with linear potential, and (d) heat equation problems…

Probability · Mathematics 2016-07-13 Gerardo Hernandez-del-Valle

We study a stochastic process $X_t$ related to the Bessel and the Rayleigh processes, with various applications in physics, chemistry, biology, economics, finance and other fields. The stochastic differential equation is $dX_t = (nD/X_t) dt…

Statistical Mechanics · Physics 2013-03-19 Edgar Martin , Ulrich Behn , Guido Germano

We are interested in the law of the first passage time of an Ornstein-Uhlenbeck process to time-varying thresholds. We show that this problem is connected to the laws of the first passage time of the process to members of a two-parameter…

Probability · Mathematics 2024-03-26 Aria Ahari , Larbi Alili , Massimiliano Tamborrino

Given a two-dimensional correlated diffusion process, we determine the joint density of the first passage times of the process to some constant boundaries. This quantity depends on the joint density of the first passage time of the first…

Probability · Mathematics 2017-01-26 Laura Sacerdote , Massimiliano Tamborrino , Cristina Zucca

The first passage time density of a diffusion process to a time varying threshold is of primary interest in different fields. Here we consider a Brownian motion in presence of an exponentially decaying threshold to model the neuronal…

Probability · Mathematics 2016-02-18 Massimiliano Tamborrino

We consider the first-crossing-time problem through a constant boundary for a Wiener process perturbed by random jumps driven by a counting process. On the base of a sample-path analysis of the jump-diffusion process we obtain explicit…

Probability · Mathematics 2007-06-20 Antonio Di Crescenzo , Elvira Di Nardo , Luigi M. Ricciardi

In [4], it is proved that we can have a continuous first-passage-time density function of one dimensional standard Brownian motion when the boundary is H\"older continuous with exponent greater than 1/2. For the purpose of extending [4]…

Probability · Mathematics 2018-11-16 JM Lee

We consider the boundary crossing problem for time-homogeneous diffusions and general curvilinear boundaries. Bounds are derived for the approximation error of the one-sided (upper) boundary crossing probability when replacing the original…

Probability · Mathematics 2007-08-28 A. N. Downes , K. Borovkov

For three constrained Brownian motions, the excursion, the meander, and the reflected bridge, the densities of the maximum and of the time to reach it were expressed as double series by Majumdar, Randon-Furling, Kearney, and Yor (2008).…

Probability · Mathematics 2018-07-25 Robin Khanfir

We examine the density functions of the first exit times of the Bessel process from the intervals [0,1) and (0,1). First, we express them by means of the transition density function of the killed process. Using that relationship we provide…

Probability · Mathematics 2015-05-29 Grzegorz Serafin

This work deals with first hitting time densities of Ito processes whose local drift can be modeled in terms of a solution to Burgers equation. In particular, we derive the densities of the first time that these processes reach a moving…

Probability · Mathematics 2012-09-13 Gerardo Hernandez-del-Valle

We study an inverse first-passage-time problem for Wiener process $X(t)$ subject to hold and jump from a boundary $c.$ Let be given a threshold $S>X(0) \ge c,$ and a distribution function $F$ on $[0, + \infty ).$ The problem consists in…

Probability · Mathematics 2017-03-02 Mario Abundo

This article shows a Bessel bridge representation for the transition density of Brownian motion on the Poincare space. This transition density is also referred to as the heat kernel on the hyperbolic space in differential geometry…

Probability · Mathematics 2018-01-26 Xue Cheng , Tai-Ho Wang

We consider a bivariate diffusion process and we study the first passage time of one component through a boundary. We prove that its probability density is the unique solution of a new integral equation and we propose a numerical algorithm…

Probability · Mathematics 2012-05-16 Elisa Benedetto , Laura Sacerdote , Cristina Zucca

Exact analytical solutions of the time-dependent Schr\"odinger equation with the initial condition of an incident cutoff wave are used to investigate the traversal time for tunneling. The probability density starts from a vanishing value…

Quantum Physics · Physics 2007-05-23 Gaston Garcia-Calderon , Jorge Villavicencio

We consider the incompressible 3D Navier-Stokes equations subject to a shear induced by noisy movement of part of the boundary. The effect of the noise is quantified by upper bounds on the first two moments of the dissipation rate. The…

Analysis of PDEs · Mathematics 2021-06-29 Wai-Tong Louis Fan , Michael Jolly , Ali Pakzad

We prove that for a standard Brownian motion, there exists a first-passage-time density function through a locally H\"older continuous curve with exponent greater than 1/2. By using a property of local time of a standard Brownian motion and…

Analysis of PDEs · Mathematics 2018-08-08 Jimyeong Lee

In this paper, we study the classical problem of the first passage hitting density of an Ornstein--Uhlenbeck process. We give two complementary (forward and backward) formulations of this problem and provide semi-analytical solutions for…

Computational Finance · Quantitative Finance 2018-10-11 Alexander Lipton , Vadim Kaushansky

Three inverse boundary value problems for the heat equations in one space dimension are considered. Those three problems are: extracting an unknown interface in a heat conductive material, an unknown boundary in a layered material or a…

Analysis of PDEs · Mathematics 2007-05-23 Masaru Ikehata
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