ar X iv : 0 70 4 . 09 57 v 1 [ m at h . PR ] 6 A pr 2 00 7 One - dimensional Brownian particle systems with rank dependent drifts

We study interacting systems of linear Brownian motions whose drift vector at every time point is determined by the relative ranks of the coordinate processes at that time. Our main objective has been to study the long range behavior of the spacings between the particles in increasing order. For finite systems, we characterize drifts for which the spacing system remains stable, and show its convergence to a unique stationary joint distribution given by independent exponential distributions with varying means. We also study one particular countably infinite system, where only the minimum Brownian particle gets a constant upward drift, and prove that independent and identically distributed exponential spacings remain stationary under the dynamics of such a process. Some related conjectures in this direction have also been discussed.