\documentclass[11pt]{article} \setlength{\oddsidemargin}{0.0truein} \setlength{\evensidemargin}{0.0truein} \setlength{\textwidth}{6.5truein} \setlength{\topmargin}{0.0truein} \setlength{\textheight}{9.0truein} \setlength{\headsep}{0.0truein} \setlength{\headheight}{0.0truein} \setlength{\topskip}{10.0pt} \setlength{\parskip}{5mm} \usepackage{url} \usepackage{amsmath} \usepackage{amssymb} \begin{document} \begin{center} \textbf{\textsc{STANFORD UNIVERSITY}}\\[5pt] \textbf{\textsc{DEPARTMENT OF STATISTICS}}\\[5pt] \Large{\textbf\textsc{{DEPARTMENTAL SEMINAR}}} \end{center} \begin{center} 4:15 p.m., Tuesday, August 1, 2006\\ Sequoia Hall Room 200\\ (Cookies at 3:45 in 1st Floor Lounge) \end{center} \begin{center} \textsl{Gerold Alsmeyer} \\ University of M\"unster\\ \end{center} \begin{center} \textbf{ A Stochastic Fixed Point Equation For Weighted Minima and Maxima} \end{center} \noindent This is joint work with Uwe R\"osler (Kiel): Given a finite or infinite sequence $T=(T_{j})_{j\in J}$ of positive numbers (so $J=\{1,...,n\}$ or $J={\mathbb N}$), we will consider the stochastic fixed point equation $$ W\ \ {\buildrel d\over =}\ \ \inf_{j\in J}T_{j}W_{j},\eqno(1) $$ for i.i.d.\ real-valued random variables $W,W_{1},W_{2},...$, where $\ {\buildrel d\over =}\ $ means equality in law. The task is to find all solutions to (1). This requires to distinguish between various cases as to the constants $T_{j}$. The most interesting ones are \vspace{-20pt} \begin{itemize} \renewcommand{\labelitemi}{} \item{(i)} $|J|<\infty$ and $\inf_{j\in J}T_{j}>1$\\ \end{itemize} \vspace{-35pt} and \vspace{-20pt} \begin{itemize} \renewcommand{\labelitemi}{} \item{(ii)} $J={\mathbb N}$, $\inf_{j\in J}T_{j}>1$ and $\lim_{j\to\infty}T_{j}=\infty$. \end{itemize} \vspace{-20pt} For these all solutions to (1) are found by using arguments from harmonic analysis on trees and Choquet theory. \end{document}