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The left tail of renewal measure

Probability 2017-08-01 v2

Abstract

In the paper, we find exact asymptotics of the left tail of renewal measure for a broad class of two-sided random walks. We only require that an exponential moment of the left tail is finite. Through a simple change of measure approach, our result turns out to be almost equivalent to Blackwell's Theorem.

Keywords

Cite

@article{arxiv.1701.02626,
  title  = {The left tail of renewal measure},
  author = {Bartosz Kołodziejek},
  journal= {arXiv preprint arXiv:1701.02626},
  year   = {2017}
}

Comments

6 pages