Improved bounds on the inradius and inverse inradius process of the convex hull of planar Brownian motion

We study the inradius and inverse inradius of the convex hull of standard planar Brownian motion.

Our main goals are to improve the existing bounds on the expected values of these quantities and to establish variance bounds.

The main contributions of the paper, however, are the following intermediate results we obtain in order to compute our bounds.

We find closed-form expressions for the expected values of the minimum and maximum of the ranges of two independent one-dimensional Brownian motions.

Besides improving the upper bound on the expected inradius, this result also gives an explicit expression for a quantity that has been investigated repeatedly in the literature and for which only a numerical evaluation has been known so far.

Furthermore, we study the exit time of planar Brownian motion from an unbounded region that we call the hourglass domain and compute its first two moments.

This result leads to a nearly fivefold improvement of the previous upper bound on the expected inverse inradius and plays an essential role in establishing the corresponding upper bound on the variance.