Abstract
We study the convergence of centered and normalized sums of independent and identically distributed random elements of the space script D of càdlàg functions endowed with Skorokhod's J1 topology, to stable distributions in script D. Our results are based on the concept of regular variation on metric spaces and on point process convergence. We provide some applications; in particular, to the empirical process of the renewal-reward process.
| Original language | English |
|---|---|
| Pages (from-to) | 1-17 |
| Number of pages | 17 |
| Journal | Journal of Applied Probability |
| Volume | 52 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 1 Mar 2015 |
| Externally published | Yes |
Keywords
- Functional convergence
- Regular variation
- Stable process