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We consider the biased random walk on a critical Galton-Watson tree conditioned to survive, and confirm that this model with trapping belongs to the same universality class as certain one-dimensional trapping models with slowly-varying…

Probability · Mathematics 2012-03-20 David A. Croydon , Alexander Fribergh , Takashi Kumagai

The literature of heavy tails (typically) starts with a random walk and finds mechanisms that lead to fat tails under aggregation. We follow the inverse route and show how starting with fat tails we get to thin-tails when deriving the…

Risk Management · Quantitative Finance 2013-07-30 Nassim Nicholas Taleb

Although the theoretical behavior of one-dimensional random walks in random environments is well understood, the numerical evaluation of various characteristics of such processes has received relatively little attention. This paper develops…

Probability · Mathematics 2014-06-16 Werner R. W. Scheinhardt , Dirk P. Kroese

We consider a random walk among a Poisson system of moving traps on ${\mathbb Z}$. In earlier work [DGRS12], the quenched and annealed survival probabilities of this random walk have been investigated. Here we study the path of the random…

Probability · Mathematics 2017-02-01 Siva Athreya , Alexander Drewitz , Rongfeng Sun

A complete characterization of the possible joint distributions of the maximum and terminal value of uniformly integrable martingale has been known for some time, and the aim of this paper is to establish a similar characterization for…

Probability · Mathematics 2014-03-04 Moritz Duembgen , L. C. G. Rogers

We prove the law of large numbers for the drift of random walks on the two-dimensional lamplighter group, under the assumption that the random walk has finite $(2+\epsilon)$-moment. This result is in contrast with classical examples of…

Probability · Mathematics 2020-12-04 Anna Erschler , Tianyi Zheng

The tail of the distribution of a sum of a random number of independent and identically distributed nonnegative random variables depends on the tails of the number of terms and of the terms themselves. This situation is of interest in the…

Probability · Mathematics 2008-12-10 Christian Y. Robert , Johan Segers

Certain renewal theorems are extended to the case that the rate of the renewal process goes to 0 and, more generally, to the case that the drift of the random walk goes to infinity. These extensions are motivated by and applied to the…

Statistics Theory · Mathematics 2013-11-12 Georgios Fellouris

We consider a random walk with a negative drift and with a jump distribution which under Cram\'er's change of measure belongs to the domain of attraction of a spectrally positive stable law. If conditioned to reach a high level and suitably…

Probability · Mathematics 2012-08-20 Sergey G. Foss , Anatolii A. Puhalskii

Record numbers are basic statistics in random walks, whose deviation principles are not very clear so far. In this paper, the asymptotic probabilities of large and moderate deviations for numbers of weak records in right continuous or left…

Probability · Mathematics 2023-01-10 Yuqiang Li , Qiang Yao

In a recent paper, K. Raschel and R. Garbit proved that the exponential decreasing rate of the probability that a random walk (with all exponential moments) stays in a $d$-dimensional orthant is given by the minimum on this orthant of the…

Probability · Mathematics 2015-09-14 Rodolphe Garbit

We study a model of multi-excited random walk with non-nearest neighbour steps on $\mathbb Z$, in which the walk can jump from a vertex $x$ to either $x+1$ or $x-i$ with $i\in \{1,2,\dots,L\}$, $L\ge 1$. We first point out the multi-type…

Probability · Mathematics 2022-05-12 Tuan-Minh Nguyen

We analyze the dynamics of random walks with long-term memory (binary chains with long-range correlations) in the presence of an absorbing boundary. An analytically solvable model is presented, in which a dynamical phase-transition occurs…

Statistical Mechanics · Physics 2009-11-11 Uri Keshet , Shahar Hod

A collection of identical and independent rare event first passage times is considered. The problem of finding the fastest out of $N$ such events to occur is called an extreme first passage time. The rare event times are singular and limit…

Biological Physics · Physics 2024-04-26 James MacLaurin , Jay M. Newby

We construct the conditional version of $k$ independent and identically distributed random walks on $\R$ given that they stay in strict order at all times. This is a generalisation of so-called non-colliding or non-intersecting random…

Probability · Mathematics 2007-05-23 Peter Eichelsbacher , Wolfgang Konig

We consider a walker that at each step keeps the same direction with a probabilitythat depends on the time already spent in the direction the walker is currently moving. In this paper, we study some asymptotic properties of this persistent…

Probability · Mathematics 2015-09-15 Peggy Cénac , Basile De Loynes , Arnaud Le Ny , Yoann Offret

A record is an entry in a time series that is larger or smaller than all previous entries. If the time series consists of independent, identically distributed random variables with a superimposed linear trend, record events are positively…

Data Analysis, Statistics and Probability · Physics 2015-05-30 J. Franke , G. Wergen , J. Krug

For a branching random walk that drifts to infinity, consider its Malthusian martingale, i.e.~the additive martingale with parameter $\theta$ being the smallest root of the characteristic equation. When particles are killed below the…

Probability · Mathematics 2025-05-20 Heng Ma , Pascal Maillard

This elementary treatment first summarizes extreme values of a Bernoulli random walk on the one-dimensional integer lattice over a finite discrete time interval. Both the symmetric (unbiased) and asymmetric (biased) cases are discussed.…

History and Overview · Mathematics 2018-02-14 Steven R. Finch

This paper is concerned with the limit theory of the extreme order statistics derived from random walks. We establish the joint convergence of the order statistics near the minimum of a random walk in terms of the Feller chains. Detailed…

Probability · Mathematics 2021-09-29 Jim Pitman , Wenpin Tang