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Bibliographic Details
Main Authors: Hobson, David, Liu, Jingfei
Format: Preprint
Published: 2025
Subjects:
Online Access:https://arxiv.org/abs/2504.19741
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Table of Contents:
  • We study the optimal stopping of an $α$-dimensional Bessel bridge for the payoff $ϕ(x)=x^n$, where $α,n>0$. As a special case we consider the Brownian excursion with the identity function as the payoff ($α=3,n=1$). For the Brownian excursion we can give an explicit solution but in the general case we provide a complete solution via a power series expansion.