A renewal theorem for relatively stable variables
Probability
2020-07-29 v3
Abstract
Let be a relatively stable probability distribution on the whole real line and the random walk started at the origin with step distribution . We obtain an exact asymptotic form of the Green measure as when is transient and in probability. If is concentrated on , it is relatively stable if and only if is slowly varying at infinity; our result entails that if is non-arithmetic and relatively stable, then for each . This surpasses the known result due to Erickson \cite{Ec}, the latter assuming the stronger condition that is slowly varying. An obvious analog also holds for arithmetic variables.
Cite
@article{arxiv.1911.10889,
title = {A renewal theorem for relatively stable variables},
author = {Kohei Uchiyama},
journal= {arXiv preprint arXiv:1911.10889},
year = {2020}
}
Comments
17 pages, to appear in Bulletin of LMS