An elementary approach to Brownian local time based on simple, symmetric random walks
Probability
2010-08-11 v1
Abstract
In this paper we define Brownian local time as the almost sure limit of the local times of a nested sequence of simple, symmetric random walks. The limit is jointly continuous in . The rate of convergence is that is close to the best possible. The tools we apply are almost exclusively from elementary probability theory.
Keywords
Cite
@article{arxiv.1008.1701,
title = {An elementary approach to Brownian local time based on simple, symmetric random walks},
author = {Tamas Szabados and Balazs Szekely},
journal= {arXiv preprint arXiv:1008.1701},
year = {2010}
}
Comments
17 pages