Samenvatting
We study the asymptotic tail behavior of the first-passage time over a moving boundary for a random walk conditioned to return to zero, where the increments of the random walk have finite variance. Typically, the asymptotic tail behavior may be described through a regularly varying function with exponent-1/2, where the impact of the boundary is captured by the slowly varying function. Yet, the moving boundary may have a stronger effect when the tail is considered at a time close to the return point of the random walk bridge, leading to a possible phase transition depending on the order of the distance between zero and the moving boundary.
Originele taal-2 | Engels |
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Pagina's (van-tot) | 627-651 |
Aantal pagina's | 25 |
Tijdschrift | Journal of Applied Probability |
Volume | 55 |
Nummer van het tijdschrift | 2 |
DOI's | |
Status | Gepubliceerd - 1 jun. 2018 |