Article ID Journal Published Year Pages File Type
1155951 Stochastic Processes and their Applications 2009 29 Pages PDF
Abstract

We consider a nearest neighbor random walk on the one-dimensional integer lattice with drift towards the origin determined by an asymptotically vanishing function of the number of visits to zero. We show the existence of distinct regimes according to the rate of decay of the drift. In particular, when the rate is sufficiently slow, the position of the random walk, properly normalized, converges to a symmetric exponential law. In this regime, in contrast to the classical case, the range of the walk scales differently from its position.

Related Topics
Physical Sciences and Engineering Mathematics Mathematics (General)
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