If X(t) is Brownian motion in 2D, where X(0) = 0, then we can ask what is the expected time required to first hit a circle of radius R, centered at the origin. This is a First Passage Time problem. I believe that for Brownian motion this is a well understood subject. The First Passage Time, T, is usually expressed in the form of T as a function of R: T(R).
Now, please consider this related problem, What is the expected minimum radius R that fully contains the path of X(t) up to some time T? I'd like to write this as R(T).
Aren't the above two problems completely equivalent? For my work in physics, I'd like to formulate the problem in the second way. But it seems as though mathematicians never formulate it this way. They seem to always look at it as a First Passage Time problem. I would like to call the second formulation of the problem a "Boundary Expansion" problem. But I don't see any such phrase in the mathematics literature.
In summary, my question is, what do I call the function R(T)? It is fully equivalent to a First Passage Time problem (or so I think). But I can't really call it a First Passage Time, because it isn't a time, its a radius. Any suggestions welcome.