Abstract
In this paper we introduce and study renewal–reward processes in random environments where each renewal involves a reward taking values in a Banach space. We derive quenched large deviation principles and identify the associated rate functions in terms of variational formulas involving correctors. We illustrate the theory with three examples: compound Poisson processes in random environments, pinning of polymers at interfaces with disorder, and returns of Markov chains in dynamic random environments.
| Original language | English |
|---|---|
| Article number | 104414 |
| Journal | Stochastic Processes and their Applications |
| Volume | 175 |
| DOIs | |
| Publication status | Published - Sept 2024 |
| Externally published | Yes |
Keywords
- Compound Poisson processes
- Pinned polymers
- Quenched large deviations
- Random environments
- Rate functions
- Renewal–reward processes
- Returns of Markov chains
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