Abstract
Let be a random walk with independent identically distributed increments . We study the ratios of the probabilities P(S n >x) / P(1 > x) for all n and x. For some subclasses of subexponential distributions we find upper estimates uniform in x for the ratios which improve the available estimates for the whole class of subexponential distributions. We give some conditions sufficient for the asymptotic equivalence P(S > x) E P(1 > x) as x . Here is a positive integer-valued random variable independent of . The estimates obtained are also used to find the asymptotics of the tail distribution of the maximum of a random walk modulated by a regenerative process.
| Original language | English |
|---|---|
| Pages (from-to) | 1143-1158 |
| Journal | Siberian Advances in Mathematics |
| Volume | 45 |
| Issue number | 6 |
| DOIs | |
| Publication status | Published - 2004 |
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