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On the lower limits of maxima and minima of wiener process and partial sums
Authors:E Csáki
Institution:1. Mathematical Institute of the Hungarian Academy of Sciences, Reáltanoda 13-15, H-1053, Budapest, Hungary
Abstract:Let M + (t) and ?M ? (t) be the maximum and minimum of a Wiener process on the interval (O,t). This paper gives an integral test for P(M +(t)?(t)t i.o.)=0 or 1. The case of i.i.d. random variables is also treated here. If a(t)=b(t), then our result gives Chung's law of the iterated logarithm 5], while b(t)=∞ corresponds to Hirsch's theorem 9]. Finally, a converse to Chung's LIL is given.
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