No label defined (Q4945022)

This article is devoted to the properties of the local time of the Brownian bridge. The author uses the approximation of the Brownian bridge by the tied-down random walk, which is built in the following way. Let \(\xi _1,\dots,\xi _{2n} \) be a randomly (with the equal probability) chosen sequence from \(n\) elements equal to +1 and \(n\) elements equal to \(-1\). Then \(\eta_r= \xi_1+\dots+ \xi_r\) is a tied-down random walk. The author considers the discrete analog of the local time for \(\eta\) and by passing to limit obtains exact formulas for the distribution and moments of \(\tau (\alpha) + \tau ( - \alpha),\) where \(\tau\) is the local time of the Brownian bridge. For the entire collection see [Zbl 0930.00095].