The extremes of a random scenery as seen by a random walk in a random environment

A random walk performs a motion in an iid-environment and observes an iid-scenery along its path. Assuming the scenery is in the domain of attraction of an extreme-value distribution, we prove a limit-theorem for the observed extremes.

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Year of publication:	2009
Authors:	Franke, Brice ; Saigo, Tatsuhiko
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 79.2009, 8, p. 1025-1030
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005223502