Limit theorems for random walks
Probability
2017-02-22 v3
Abstract
We consider a random walk which is obtained from the simple random walk by a discrete time version of Bochner's subordination. We prove that under certain conditions on the subordinator appropriately scaled random walk converges in the Skorohod space to the symmetric -stable process . We also prove asymptotic formula for the transition function of similar to the P\'{o}lya's asymptotic formula for .
Cite
@article{arxiv.1504.01759,
title = {Limit theorems for random walks},
author = {Alexander Bendikov and Wojciech Cygan and Bartosz Trojan},
journal= {arXiv preprint arXiv:1504.01759},
year = {2017}
}
Comments
Updated with referee suggestions. To appear in Stochastic Processes and their Applications