Brownian meander factor for the spatial axis must be square root of the scaling factor for the time axis. The process resulting from this snip-and-scale procedure is a Brownian meander. As the name suggests, it is a piece of Brownian motion that spends all its time away from its starting point formula_5. The transition density formula_12 of Brownian meander is described as follows: For formula_13 and formula_14, and writing we have and In particular, i.e. formula_19 has the Rayleigh distribution with parameter 1, the same distribution as formula_20, where formula_21 is an exponential random variable with parameter 1. Brownian meander In the
Reflected Brownian motion "roughly speaking, "Z" is pushed in direction "R" whenever the boundary surface formula_5 is hit, where "R" is the "j"th column of the matrix "R"." Stability conditions are known for RBMs in 1, 2, and 3 dimensions. "The problem of recurrence classification for SRBMs in four and higher dimensions remains open." In the special case where "R" is an M-matrix then necessary and sufficient conditions for stability are The marginal distribution (transient distribution) of a one-dimensional Brownian motion starting at 0 restricted to positive values (a single reflecting barrier at 0) with drift "μ " and variance "σ" is for