The Anscombe-Woodroofe Method in Renewal Theory.
Abstract
A probabilistic device deployed by Anscombe and Woodroofe is used to obtain a local limit theorem for a class of hitting times associated with transient one-dimensional random walks. Applications of this local limit theorem to ruin problems and to nonlinear renewal theory are given. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1980
- Accession Number
- ADA092635
Entities
People
- Steven Paul Lalley
Organizations
- Stanford University