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We study the first passage time (FPT) problem for biased continuous time random walks. Using the recently formulated framework of fractional Fokker-Planck equations, we obtain the Laplace transform of the FPT density function when the bias…

Statistical Mechanics · Physics 2007-05-23 Govindan Rangarajan , Mingzhou Ding

Let $W$ be a standard Brownian motion with $W_0 = 0$ and let $b: \mathbb{R}_+ \to \mathbb{R}$ be a continuous function with $b(0) > 0$. The first passage time (from below) is then defined as \begin{align*} \tau := \inf \{ t \geq 0 \vert W_t…

Probability · Mathematics 2023-03-10 Sören Christensen , Simon Fischer , Oskar Hallmann

We investigate the first-passage properties of nearest-neighbor hopping on a finite interval with disordered hopping rates. We develop an approach that relies on the backward equation, in conjunction with probability generating functions,…

Statistical Mechanics · Physics 2025-01-14 James Holehouse , S. Redner

Motivated by the interplay between structural and reduced form credit models, we propose to model the firm value process as a time-changed Brownian motion that may include jumps and stochastic volatility effects, and to study the first…

Pricing of Securities · Quantitative Finance 2009-04-16 T. R. Hurd

For a one-dimensional Wiener process with stochastic resetting ${\cal X}(t)$, obtained from an underlying Wiener process $X(t),$ we study the statistical properties of its first-passage time through zero, when starting from $x>0,$ and its…

Probability · Mathematics 2023-06-22 Mario Abundo

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

We propose a new approximation for the distribution of the time of the first crossing of a high level $u$ by random process $\homV{s}-cs$, where $\homV{s}$, $s>0$, is compound renewal process and $c>0$. It significantly outperforms the…

Probability · Mathematics 2017-08-30 Vsevolod K. Malinovskii

First passage under restart with branching is proposed as a generalization of first passage under restart. Strong motivation to study this generalization comes from the observation that restart with branching can expedite the completion of…

Statistical Mechanics · Physics 2019-01-23 Arnab Pal , Iddo Eliazar , Shlomi Reuveni

Solving optimization problems leads to elegant and practical solutions in a wide variety of real-world applications. In many of those real-world applications, some of the information required to specify the relevant optimization problem is…

Data Structures and Algorithms · Computer Science 2025-06-11 Kritkorn Karntikoon , Yiheng Shen , Sreenivas Gollapudi , Kostas Kollias , Aaron Schild , Ali Sinop

In this paper we present a computation of the mean first-passage times both for a random walk in a discrete bounded lattice, between a starting site and a target site, and for a Brownian motion in a bounded domain, where the target is a…

Statistical Mechanics · Physics 2007-05-23 Sylvain Condamin , Olivier Bénichou , Michel Moreau

Bifurcations can cause dynamical systems with slowly varying parameters to transition to far-away attractors. The terms ``critical transition'' or ``tipping point'' have been used to describe this situation. Critical transitions have been…

Dynamical Systems · Mathematics 2015-03-17 Christian Kuehn

The inverse first-passage time problem determines a boundary such that the first-passage time of a Wiener process to this boundary has a given distribution. An approximation which is based on the starting value of the boundary to a smooth…

Probability · Mathematics 2023-09-06 Yoann Potiron

One problem of wide interest involves estimating expected crossing-times. Several tools have been developed to solve this problem beginning with the works of Wald and the theory of sequential analysis. An extension of his approach is…

Methodology · Statistics 2015-06-17 Mark Brown , Victor de la Pena , Tony Sit

We prove non-universality results for first-passage percolation on the configuration model with i.i.d. degrees having infinite variance. We focus on the weight of the optimal path between two uniform vertices. Depending on the properties of…

Probability · Mathematics 2015-06-04 Enrico Baroni , Remco van der Hofstad , Julia Komjathy

We consider the quantum first detection problem for a particle evolving on a graph under repeated projective measurements with fixed rate $1/\tau$. A general formula for the mean first detected transition time is obtained for a quantum walk…

Statistical Mechanics · Physics 2020-07-29 Q. Liu , R. Yin , K. Ziegler , E. Barkai

These notes are based on the lectures that I gave (virtually) at the Bruneck Summer School in 2021 on first-passage processes and some applications of the basic theory. I begin by defining what is a first-passage process and presenting the…

Statistical Mechanics · Physics 2025-01-14 S. Redner

Quantifying how spatial disorder affects the movement of a diffusing particle or agent is fundamental to target search studies. When diffusion occurs on a network, that is on a highly disordered environment, we lack the mathematical tools…

Statistical Mechanics · Physics 2025-08-15 Daniel Marris , Chittaranjan Hens , Subrata Ghosh , Luca Giuggioli

We study the transport of many partially distinguishable and possibly interacting particles under the action of repeated projective measurements on a target space and investigate how the particles' interference affects the mean first…

Quantum Physics · Physics 2023-05-10 Christoph Dittel , Niklas Neubrand , Felix Thiel , Andreas Buchleitner

Deriving the time evolution of a distribution of probability (or a probability density matrix) is a problem encountered frequently in a variety of situations: for physical time, it could be a kinetic reaction study, while identifying time…

Probability · Mathematics 2010-11-16 Razvan Teodorescu

Insight into a number of interesting questions in cosmology can be obtained from the first crossing distributions of physically motivated barriers by random walks with correlated steps. We write the first crossing distribution as a formal…

Cosmology and Nongalactic Astrophysics · Physics 2014-07-09 Marcello Musso , Ravi K. Sheth
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