A new proof on the distribution of the local time of a Wiener process (Q1324548): Difference between revisions

Let \((L(x,t): x\in{\mathbb{R}}, t\geq 0)\) denote the local times of a standard Brownian motion. The authors derive the distribution of the increment \(L(x,t+h)-L(x,t)\) for every fixed \(x\in{\mathbb{R}}\) and \(t, h\geq 0\) by using the method of moments.