Stopped Random Walks: Limit Theorems and Applications by Allan GutEnglish | PDF(True) | 2009 | 267 Pages | ISBN : 0387878343 | 3.5 MB
Classical probability theory provides information about random walks after a fixed number of steps. For applications, however, it is more natural to consider random walks evaluated after a random number of steps. Stopped Random Walks: Limit Theorems and Applications shows how this theory can be used to prove limit theorems for renewal counting processes, first passage time processes, and certain two-dimensional random walks, as well as how these results may be used in a variety of applications.