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Random walks that avoid their past convex hull

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arxiv math/0209146 v1 pith:YYTZQP54 submitted 2002-09-12 math.PR

classification math.PR
keywords avoidconvexhullpastplanarrandomwalkbehavior
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We introduce planar random walk conditioned to avoid its past convex hull, and we show that it escapes at a positive limsup speed. Experimental results show that fluctuations from a limiting direction are on the order of n^(3/4). This behavior is also observed for the extremal investor, a natural financial model related to the planar walk.

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