Research output: Contribution to journal › Article › peer-review
Let (Xi", Yi) be a sequence of i.i.cl. random vectors where {Xi} are gains and {Yi} are indicators of successes in repetitions of a game of heads and tails. Put, S0 = 0, Sk = X1+ ⋯ + Xk, and let I{.} denote the indicator function of the event in brackets. Then MN = Max0≦l<m≦N (Sm - Sl+1) I{Yl+1N = ⋯ = Ym = 1} is the maximal gain over sequences of successes without interruptions ("head runs"). We derive necessary and sufficient conditions for strong laws of large numbers for MN and find rates of convergence in these laws.
Original language | English |
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Pages (from-to) | 165-181 |
Number of pages | 17 |
Journal | Studia Scientiarum Mathematicarum Hungarica |
Volume | 34 |
Issue number | 1-3 |
State | Published - 1998 |
ID: 75020618