Extreme order statistics of random walks

DOI10.1214/22-AIHP1254arXiv2007.13991MaRDI QIDQ6345973FDOQ6345973

Publication date: 28 July 2020

Abstract: 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 descriptions of the limit process are given in the case of simple symmetric walks and Gaussian walks. Some open problems are also presented.

Mathematics Subject Classification ID

Sums of independent random variables; random walks (60G50) Functional limit theorems; invariance principles (60F17) Discrete-time Markov processes on general state spaces (60J05)

This page was built for publication: Extreme order statistics of random walks

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6345973)