How a centred random walk on the affine group goes to infinity
We prove that in order to describe the Poisson boundary of rational affinities, it is necessary and sufficient to consider the action on real and all -adic fileds.
We consider the autoregressive model on ℝ defined by the stochastic recursion = −1 + , where {( , )} are i.i.d. random variables valued in ℝ× ℝ+. The critical case, when , was studied by Babillot, Bougerol and Elie, who proved that there exists a unique invariant Radon measure for the Markov chain { }. In the present paper we prove that the weak limit of properly dilated...
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