• Title of article

    Conditional maximal distributions of processes related to higher-order heat-type equations

  • Author/Authors

    Beghin، نويسنده , , Luisa and Hochberg، نويسنده , , Kenneth J. and Orsingher، نويسنده , , Enzo، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2000
  • Pages
    15
  • From page
    209
  • To page
    223
  • Abstract
    The conditional Feynman–Kac functional is used to derive the Laplace transforms of conditional maximum distributions of processes related to third- and fourth-order equations. These distributions are then obtained explicitly and are expressed in terms of stable laws and the fundamental solutions of these higher-order equations. Interestingly, it is shown that in the third-order case, a genuine non-negative real-valued probability distribution is obtained.
  • Keywords
    Airy functions , Stable laws , Brownian motion , Maximal distribution , Higher-order heat-type equations , Signed measures , Laplace transforms , Feynman–Kac functional
  • Journal title
    Stochastic Processes and their Applications
  • Serial Year
    2000
  • Journal title
    Stochastic Processes and their Applications
  • Record number

    1576593