• DocumentCode
    798256
  • Title

    The value and location of the maximum of brownian motion

  • Author

    Ternan, J.

  • Author_Institution
    Australian Defense Scientific Service, Melbourne, Australia
  • Volume
    13
  • Issue
    5
  • fYear
    1968
  • fDate
    10/1/1968 12:00:00 AM
  • Firstpage
    591
  • Lastpage
    592
  • Abstract
    A derivation is given, using the reflection principle, of the distribution of the value and location of the maximum on an interval of Brownian motion with known end-point values. The density of the location is infinite at the end point of greater value and decreases monotonically to zero at the other. A procedure is briefly discussed for using the distribution in a pointwise sequential search for the location of the maximum.
  • Keywords
    Optimization methods; Contracts; Covariance matrix; Eigenvalues and eigenfunctions; Equations; Gaussian noise; Maximum likelihood estimation; Monte Carlo methods; Random variables; Transfer functions; Vectors;
  • fLanguage
    English
  • Journal_Title
    Automatic Control, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0018-9286
  • Type

    jour

  • DOI
    10.1109/TAC.1968.1098976
  • Filename
    1098976