Local probabilities for random walks conditioned to stay positive

dc.creatorVatutin, Vladimir
dc.creatorWachtel, Vitali
dc.date2007-11-08
dc.date.accessioned2026-07-07T08:41:37Z
dc.date.available2026-07-07T08:41:37Z
dc.descriptionLet S_0=0,{S_n, n>0} be a random walk generated by a sequence of i.i.d. random variables X_1,X_2,... and let τ^{-} be the first descending ladder epoch. Assuming that the distribution of X_1 belongs to the domain of attraction of an α-stable law we study the asymptotic behavior of the local probabilities P(τ^{-}=n) and the conditional local probabilities P(S_n\in [x,x+y)|τ^{-}>n) for fixed y and x=x(n)\in (0,\infty).
dc.identifierhttps://arxiv.org/abs/0711.1302
dc.identifierhttp://arxiv.org/abs/0711.1302
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/141727
dc.subjectProbability
dc.titleLocal probabilities for random walks conditioned to stay positive
dc.typetext

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