Prof. Dr. Vitali Wachtel (Universität Bielefeld) gives a talk within the Probability Colloquium Augsburg-Munich in room 2004 (L1).

We consider a random walk in a truncated cone K_N , which is obtained by slicing cone K by a hyperplane at a growing level of order N. We study the behaviour of the Green function in this truncated cone as N increases. Using these results we also obtain the asymptotic behaviour of the harmonic measure.

The obtained results are applied to a multidimensional gambler’s problem studied by Diaconis and Ethier (2022). In particular we confirm their conjecture that the probability of eliminating players in a particular order has the same exact asymptotic behaviour as for the Brownian motion approximation. We also provide a rate of convergence of this probability towards this approximation.