Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10005610399
Persistent link: https://www.econbiz.de/10004972606
We derive the limit distribution of the number of crossings of a level by a random walk with continuously distributed increments, using a Brownian motion local time approximation. This complements the well-known result for the random walk on the integers. Use of the frequency of level crossings...
Persistent link: https://www.econbiz.de/10005104700
Persistent link: https://www.econbiz.de/10005610388
Persistent link: https://www.econbiz.de/10005610416