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arxiv: 1602.05500 · v1 · pith:F7G4R7CYnew · submitted 2016-02-16 · 🧮 math.PR

An Arctangent Law

classification 🧮 math.PR
keywords brownianmotiontimearctangentderivedistributionexceedexplicit
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Let $M_r$ be the maximum value of an one-dimensional Brownian motion on the (time) interval $[0, r]$. We derive an explicit formula for the distribution of the time required (after $r$) for the Brownian motion to exceed $M_r$.

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