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Consider an odd-sized jury, which determines a majority verdict between two equiprobable states of Nature. If each juror independently receives a binary signal identifying the correct state with identical probability $p$, then the probability of a correct verdict tends to one as the jury size tends to infinity (Condorcet, 1785). Recently, the first two authors developed a model where jurors sequentially receive signals from an interval according to a distribution, which depends on the state of Nature and on the jurors ability, and vote sequentially. This paper shows that to mimic Condorcets binary signal, such a distribution must satisfy a functional equation related to tail-balance, that is, to the ratio $alpha(t)$ of the probability that a mean-zero random variable satisfies $X >t$ given that $|X|>t$. In particular, we show that under natural symmetry assumptions the tail-balances $alpha(t)$ uniquely determine the distribution.
We consider the limit behavior of an excited random walk (ERW), i.e., a random walk whose transition probabilities depend on the number of times the walk has visited to the current state. We prove that an ERW being naturally scaled converges in distr
Let $(Z_n,ngeq 0)$ be a supercritical Galton-Watson process whose offspring distribution $mu$ has mean $lambda>1$ and is such that $int x(log(x))_+ dmu(x)<+infty$. According to the famous Kesten & Stigum theorem, $(Z_n/lambda^n)$ converges almost sur
We prove a quenched central limit theorem for random walks in i.i.d. weakly elliptic random environments in the ballistic regime. Such theorems have been proved recently by Rassoul-Agha and Seppalainen in [10] and Berger and Zeitouni in [2] under the
Sufficient and necessary conditions are presented for the comparison theorem of path dependent $G$-SDEs. Different from the corresponding study in path independent $G$-SDEs, a probability method is applied to prove these results. Moreover, the results extend the ones in the linear expectation case.
The Smoluchowski equation is a system of partial differential equations modelling the diffusion and binary coagulation of a large collection of tiny particles. The mass parameter may be indexed either by positive integers, or by positive reals, these