Article ID Journal Published Year Pages File Type
5129744 Statistics & Probability Letters 2017 5 Pages PDF
Abstract

In the paper, we find exact asymptotics of the left tail of renewal measure for a broad class of two-sided random walks. We only require that an exponential moment of the left tail is finite. Through a simple change of measure approach, our result turns out to be almost equivalent to Blackwell's Theorem.

Related Topics
Physical Sciences and Engineering Mathematics Statistics and Probability
Authors
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