Asymptotic Analysis of Random Walks: Heavy-Tailed Distributions

by Alexandr A. Borovkov and K.A. Borovkov

This book focuses on the asymptotic behavior of the probabilities of large deviations of the trajectories of random walks with 'heavy-tailed' (in particular, regularly varying, sub- and semiexponential) jump distributions. Large deviation probabilities are of great interest in numerous applied areas, typical examples being ruin probabilities in risk theory, error probabilities in mathematical statistics, and buffer-overflow probabilities in queueing...

• Format: Hardcover
• Language: English
• ISBN: 052188117X
• ISBN13: 9780521881173
• Release Date: June 2008
• Publisher: Cambridge University Press
• Length: 656 Pages
• Weight: 2.70 lbs.
• Dimensions: 2.0" x 6.5" x 9.3"