Excursion decompositions for SLE and Watts' crossing formula
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Abstract: It is known that Schramm-Loewner Evolutions (SLEs) have a.s. frontier points if and a.s. cutpoints if . If , an appropriate version of has a renewal property: it starts afresh after visiting its frontier. Thus one can give an excursion decomposition for this particular ``away from its frontier. For , there is a two-sided analogue of this situation: a particular version of has a renewal property w.r.t its cutpoints; one studies excursion decompositions of this ``away from its cutpoints. For , this overlaps Vir'ag's results on ``Brownian beads. As a by-product of this construction, one proves Watts' formula, which describes the probability of a double crossing in a rectangle for critical plane percolation.
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(24)- Bridge decomposition of restriction measures
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