Answers are grounded in this paper and cite their sources.
We consider Brownian motion with drift and stopping boundaries: linear upper and lower boundaries, and possibly a vertical boundary at a truncation point, all under conditions assuring a finite stopping time. T. W. Anderson (Ann. Math. Statist. 31, 1960) derived formulas for the distributions of the stopped process along these boundaries and for the associated expected stopping times. We present simpler formulas, and briefer derivations.
No takes yet. Share an insight, caveat, or question.
William J. Hall (1997) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: