The Correlated Random Walk with Boundaries. A Combinatorial Solution

Walter Böhm

Publikation: Working/Discussion PaperWU Working Paper

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Abstract

The transition fundions for the correlated random walk with two absorbing boundaries are derived by means of a combinatorial construction which is based on Krattenthaler's Theorem for counting lattice paths with turns. Results for walks with one boundary and for unrestricted walks are presented as special cases. Finally we give an asymptotic formula, which proves to be useful for computational purposes. (author's abstract)
OriginalspracheEnglisch
ErscheinungsortVienna
HerausgeberDepartment of Statistics and Mathematics, WU Vienna University of Economics and Business
DOIs
PublikationsstatusVeröffentlicht - 1999

Publikationsreihe

ReiheForschungsberichte / Institut für Statistik
Nummer67

WU Working Paper Reihe

  • Forschungsberichte / Institut für Statistik

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