On Tightness of the Skew Random Walks

The primary purpose of this paper is to prove a tightness of 𝛼-skew random walks. The tightness result implies, in particular, that the 𝛼-skew Brownian motion can be constructed as the scaling limit of such random walks. Our proof of tightness is based on a fourth-order moment method.

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Main Author: Youngsoo Seol
Format: Article
Language:English
Published: Wiley 2012-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2012/371025
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author Youngsoo Seol
author_facet Youngsoo Seol
author_sort Youngsoo Seol
collection DOAJ
description The primary purpose of this paper is to prove a tightness of 𝛼-skew random walks. The tightness result implies, in particular, that the 𝛼-skew Brownian motion can be constructed as the scaling limit of such random walks. Our proof of tightness is based on a fourth-order moment method.
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spelling doaj-art-b2527d4152ee40feaae3de832a4554e92025-08-20T02:23:19ZengWileyJournal of Probability and Statistics1687-952X1687-95382012-01-01201210.1155/2012/371025371025On Tightness of the Skew Random WalksYoungsoo Seol0Department of Mathematics, Iowa State University, Ames, IA 50010, USAThe primary purpose of this paper is to prove a tightness of 𝛼-skew random walks. The tightness result implies, in particular, that the 𝛼-skew Brownian motion can be constructed as the scaling limit of such random walks. Our proof of tightness is based on a fourth-order moment method.http://dx.doi.org/10.1155/2012/371025
spellingShingle Youngsoo Seol
On Tightness of the Skew Random Walks
Journal of Probability and Statistics
title On Tightness of the Skew Random Walks
title_full On Tightness of the Skew Random Walks
title_fullStr On Tightness of the Skew Random Walks
title_full_unstemmed On Tightness of the Skew Random Walks
title_short On Tightness of the Skew Random Walks
title_sort on tightness of the skew random walks
url http://dx.doi.org/10.1155/2012/371025
work_keys_str_mv AT youngsooseol ontightnessoftheskewrandomwalks