Some finitely additive probability: Random walks (Q1366724): Difference between revisions
From MaRDI portal
Changed an Item |
Set profile property. |
||
Property / MaRDI profile type | |||
Property / MaRDI profile type: MaRDI publication profile / rank | |||
Normal rank |
Revision as of 03:05, 5 March 2024
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Some finitely additive probability: Random walks |
scientific article |
Statements
Some finitely additive probability: Random walks (English)
0 references
19 April 1998
0 references
Using techniques of finitely additive probability theory by Ramakrishnan and Karandikar, and some properties of strategic measures by Purves and Sudderth, the authors prove some results on random walks in this more general setting. The main result is the following: given a random walk on the real line, determined by the finitely additive probability \(\gamma\), the random walk drifts either in the direction of \(+\infty\) or of \(-\infty\), according to whether \(\gamma\) puts mass either at \(+\infty\) or at \(-\infty\); while if \(\gamma\) puts mass at both \(+\infty\) and \(-\infty\), then the random walk oscillates in both directions. However, if \(\gamma\) is tight, then the random walk behaves like the usual random walk determined by a countably additive probability.
0 references
finitely additive probability
0 references
random walks
0 references