Martingales and rates of presence in homogeneous fragmentations
The main focus of this work is the asymptotic behavior of mass-conservative homogeneous fragmentations. Considering the logarithm of masses makes the situation reminiscent of branching random walks. The standard approach is to study asymptotical exponential rates (Berestycki (2003) [3], Bertoin and Rouault (2005) [12]). For fixed v>0, either the number of fragments whose sizes at time t are of order is exponentially growing with rate C(v)>0, i.e. the rate is effective, or the probability of the presence of such fragments is exponentially decreasing with rate C(v)<0, for some concave function C. In a recent paper (Krell (2008) [21]), N. Krell considered fragments whose sizes decrease at exact exponential rates, i.e. whose sizes are confined to be of order for every s<=t. In that setting, she characterized the effective rates. In the present paper we continue this analysis and focus on the probabilities of presence, using the spine method and a suitable martingale. For the sake of completeness, we compare our results with those obtained in the standard approach ([3] and [12]).
Year of publication: |
2011
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Authors: | Krell, N. ; Rouault, A. |
Published in: |
Stochastic Processes and their Applications. - Elsevier, ISSN 0304-4149. - Vol. 121.2011, 1, p. 135-154
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Publisher: |
Elsevier |
Keywords: | Fragmentation Lévy process Martingales Probability tilting |
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