A fragmentation process connected to Brownian motion (Q1579440)

Let \((B_s, s \geq 0)\) be a standard Brownian motion and \(T_1\) its first passage time at level 1. For every \(t \geq 0\), consider ladder time set \(\mathcal L^{(t)}\) of the Brownian motion with drift \(t\), \( B_s^{(t)} = B_s + ts\), and the decreasing sequence \(F(t) = (F_1(t), F_2(t), \dots)\) of lengths of the intervals of the random partition of \([0, T_1]\) induced by \(\mathcal L^{(t)}\). The main result is that \((F(t)\), \(t > 0)\) is a fragmentation process, in the sense that for \(0 < t < t'\), \(F(t')\) is obtained from \(F(t)\) by breaking randomly into pieces each component of \(F(t)\) according to a law that only depends on the length of this component, and independently of the others. Moreover, the fragmentation law is identified with the one that appears in the construction of the standard additive coalescent by Aldous and Pitman previously. Besides, several probabilistic quantities are computed explicitly.