Some finitely additive probability: Random walks

DOI10.1023/A:1022649627106MaRDI QIDQ1366724zbMATH OpenOpenAlexFDO

Authors Bernhard Rupp, Sreela Gangopadhyay, Bhamidi V. Rao

Publication date 19 April 1998

Published in Journal of Theoretical Probability (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1023/a:1022649627106

zbMATH Keywords

finitely additive probabilityrandom walks

Mathematics Subject Classification ID

Axioms; other general questions in probability (60A05) Sums of independent random variables; random walks (60G50)

Review text

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.

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Cited in

(2)

• Strategic purely nonatomic random walks
• Finitely additive random walks on infinitely generated free groups

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