On the distribution of the Brownian motion process on its way to hitting zero

Konstantin Borovkov

Published 2010-01-05, updated 2010-04-07Version 2

We present functional versions of recent results on the univariate distributions of the process $V_{x,u} = x + W_{u\tau(x)},$ $0\le u\le 1$, where $W_\bullet$ is the standard Brownian motion process, $x>0$ and $\tau (x) =\inf\{t>0 : W_{t}=-x\}$.