Moments of the first-passage time of a Wiener process with drift between two elastic barriers
暂无分享,去创建一个
The first-passage problem for the one-dimensional Wiener process with drift in the presence of elastic boundaries is considered. We use the Kolmogorov backward equation with corresponding boundary conditions to derive explicit closed-form expressions for the expected value and the variance of the first-passage time. Special cases with pure absorbing and/or reflecting barriers arise for a certain choice of a parameter constellation.
[1] W. Feller. THE PARABOLIC DIFFERENTIAL EQUATIONS AND THE ASSOCIATED SEMI-GROUPS OF TRANSFORMATIONS , 1952 .
[2] A. T. Bharucha-Reid. Elements of the theory of Markov processes and their applications , 1961 .
[3] Marco Dominé,et al. First passage time distribution of a Wiener process with drift concerning two elastic barriers , 1996, Journal of Applied Probability.