Large deviations and renormalization for Riesz potentials of stable intersection measures (Q988685)

The authors study asymptotics and large deviations of Riesz potentials of intersection measures of stable processes. If \((X_t: t \geq 0)\) is a \(d\)-dimensional stable process, and \(A\) is a Borel subset of \(\mathbb R_+^2\), the intersection measure of \(X\) is defined as \[ \mu_A(B) = \int\int_A 1_{\{X_s - X_r \in B\}}\,dr ds, \] defined on \(\mathbb R^d\). The case when \[ A = [0,t]^2_< = \{ (r,s) \in [0,t]^2: r < s\} \] is of particular interest. The authors study the Riesz potential of \(\mu_{[0,t]^2_<}\): \[ \int_{\mathbb R^d} \frac{1}{|x - z|^\sigma} \mu_{[0,t]^2_<}(dx). \] Motivations for this problem come from electrostatistics and from random polymers. They prove a large deviation result for the intersection measure \(\mu_{[0,1]^2_<}\). Using the scaling property of the stable process, this can be used to give large time asymptotics for polarons with long-range interactions. The large deviation result also gives a law of the iterated logarithm for \(\mu_{[0,t]^2_<}\) when \(t \rightarrow \infty\).