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Extreme value statistics of positive recurrent centrally biased random walks

Statistical Mechanics 2022-11-28 v1 Probability

Abstract

We consider the extreme value statistics of centrally-biased random walks with asymptotically-zero drift in the ergodic regime. We fully characterize the asymptotic distribution of the maximum for this class of Markov chains lacking translational invariance, with a particular emphasis on the relation between the time scaling of the expected value of the maximum and the stationary distribution of the process.

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Cite

@article{arxiv.2207.07367,
  title  = {Extreme value statistics of positive recurrent centrally biased random walks},
  author = {Roberto Artuso and Manuele Onofri and Gaia Pozzoli and Mattia Radice},
  journal= {arXiv preprint arXiv:2207.07367},
  year   = {2022}
}

Comments

26 pages, 6 figures