Cyclic behavior of maxima in a hierarchical summation scheme
M.A. Lifshits

TL;DR
This paper investigates the asymptotic distribution of the maximum path sum in a binary tree with Bernoulli variables, revealing a novel cyclic pattern in the distributional limits as the tree depth increases.
Contribution
It introduces a new perspective on the limiting behavior of maxima in hierarchical sums, showing convergence to a helix in the space of distributions.
Findings
Distribution of M_n approaches a helix as n grows
Each distribution shift of M_n converges to an element on the helix
Reveals cyclic behavior in the maxima of hierarchical sums
Abstract
Let i.i.d. symmetric Bernoulli random variables be associated to the edges of a binary tree having n levels. To any leaf of the tree, we associate the sum of variables along the path connecting the leaf with the tree root. Let M_n denote the maximum of all such sums. We prove that, as n grows, the distributions of M_n approach some helix in the space of distributions. Each element of this helix is an accumulation point for the shifts of distributions of M_n.
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Taxonomy
TopicsStochastic processes and statistical mechanics · Probability and Risk Models · Stochastic processes and financial applications
