Article ID Journal Published Year Pages File Type
1155718 Stochastic Processes and their Applications 2013 21 Pages PDF
Abstract
We consider a nearest neighbor random walk on Z which is reflecting at 0 and perturbed when it reaches its maximum. We compute the law of the hitting times and derive many corollaries, especially invariance principles with (rather) explicit descriptions of the asymptotic laws. We also obtain some results on the almost sure asymptotic behavior. As a by-product one can derive results on the reflecting Brownian motion perturbed at its maximum.
Related Topics
Physical Sciences and Engineering Mathematics Mathematics (General)
Authors
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