An asymptotic of high order moments of renewal (Q1925168): Difference between revisions

Let \(0,X_1,X_1+X_2,\dots\) be the epochs of a standard renewal process, and let \(N(t)\) be the number of epochs to time \(t\geq 0\). Using Laplace transform methods, the author gives asymptotic estimates for \(E[N(t)(N(t)+1)\cdots(N(t)+n-1)]\), \(n\geq 1\), under various assumptions on the distribution of \(X_1\). Notably he considers cases in which the integrated tail distribution, \(F_1(t)=(EX_1)^{-1}\int_0^t P(X_1>x)dx\), is subexponential.