The Exact Approximation Order of the Random Maxil\fijm of Cumulative Sums of Independent Variables

@inproceedings{FotopoulosTheEA,
  title={The Exact Approximation Order of the Random Maxil\fijm of Cumulative Sums of Independent Variables},
  author={Stergios B. Fotopoulos}
}
We investigate the asymptotic behavior of the uniform distance between the distributions of the random maximum of cumulative sums and suPte[o. l]W U where W t is the Wiener process. It is assumed here that the variates are independent and identically distributed. We show that, under some weak conditions on the random index of the maximum, the approximation… CONTINUE READING