Critical Drift for Brownian Bees and a Reflected Brownian Motion Invariance Principle
Jacob Mercer

TL;DR
This paper investigates a branching-selection particle system with drift, identifying a critical drift value that determines system behavior, and proves the system's convergence to a reflected Brownian motion at criticality, also establishing the speed of N-BBM.
Contribution
The paper introduces a detailed analysis of the critical drift in a branching Brownian motion system with selection, including a rigorous proof of the N-BBM speed.
Findings
Existence of a critical drift value $^N$ dividing regimes
System is recurrent in sub-critical regime and transient in super-critical regime
At criticality, the system converges to a reflected Brownian motion
Abstract
-Brownian bees is a branching-selection particle system in in which particles behave as independent binary branching Brownian motions, and where at each branching event, we remove the particle furthest from the origin. We study a variant in which and particles have an additional drift . We show that there is a critical value, , and three distinct regimes (sub-critical, critical, and super-critical) and we describe the behaviour of the system in each case. In the sub-critical regime, the system is positive Harris recurrent and has an invariant distribution; in the super-critical regime, the system is transient; and in the critical case, after rescaling, the system behaves like a single reflected Brownian motion. We also show that the critical drift is in fact the speed of the well-studied -BBM process, and give a…
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Taxonomy
TopicsStochastic processes and financial applications · Stochastic processes and statistical mechanics
