Variations of Vervaat's transformation from Brownian bridge to excursion
Combinatorial Stochastic Processes Seminar
Jan 24, 2012, 04:00 PM - 05:00 PM | 332 Evans Hall | Happening As Scheduled
Jim Pitman, University of California, Berkeley (Speaker)
Vervaat (1979) showed that if the increments of a Brownian bridge are cyclically shifted to start when the bridge first attains its minimum, the result is a Brownian excursion. What if the same transformation is applied to Brownian motion, without conditioning it to return to 0? This talk will present some results and open problems about this process and its combinatorial analog for simple random...