On max-sum equivalence and convolution closure of heavy-tailed distributions and their applications

DOI10.1239/jap/1077134672zbMath1054.60012OpenAlexW2139331824MaRDI QIDQ4819440

Publication date: 24 September 2004

Published in: Journal of Applied Probability (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1239/jap/1077134672

zbMATH Keywords

\(\alpha\)-stable Lévy process heavy-tailed distribution ruin probability long-tailed distribution consistent variation subexponentiality convolution closure max-sum equivalence compound geometric distribution Poisson risk process equilibrium waiting-time M/G/\(k\) queue

Mathematics Subject Classification ID

Probability distributions: general theory (60E05) Probability measures on groups or semigroups, Fourier transforms, factorization (60B15)

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