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A pursuit problem for squared Bessel processes

2024/11/19 by Profeta, Christophe
#FOS: Mathematics #Probability (math.PR)

paper · doi:10.48550/arxiv.2411.12315

Abstract

In this note, we are interested in the probability that two independent squared Bessel processes do not cross for a long time. We show that this probability has a power decay which is given by the first zero of some hypergeometric function. We also compute along the way the distribution of the location where the crossing eventually occurs.

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