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A supplement to the laws of large numbers and the large deviations

Let $0 < p < 2$. Let $\{X, X_{n}; n \geq 1\}$ be a sequence of independent and identically distributed $\mathbf{B}$-valued random variables and set $S_{n} = \sum_{i=1}^{n}X_{i},~n \geq 1$. In this paper, a supplement to the classical laws of large numbers and the classical large deviations is provided. We show that if $S_{n}/n^{1/p} \rightarrow_{\mathbb{P}} 0$, then, for all $s > 0$, \[ \limsup_{n \to \infty} \frac{1}{\log n} \log \mathbb{P}\left(\left\|S_{n} \right\| > s n^{1/p} \right) = - (\barβ - p)/p \] and \[ \liminf_{n \to \infty} \frac{1}{\log n} \log \mathbb{P}\left(\left\|S_{n} \right\| > s n^{1/p} \right) = -(\underlineβ - p)/p, \] where \[ \barβ = - \limsup_{t \rightarrow \infty} \frac{\log \mathbb{P}(\log \|X\| > t)}{t} ~~\mbox{and}~~\underlineβ = - \liminf_{t \rightarrow \infty} \frac{\log \mathbb{P}(\log \|X\| > t)}{t}. \] The main tools employed in proving this result are the symmetrization technique and three powerful inequalities established by Hoffmann-Jørgensen (1974), de Acosta (1981), and Ledoux and Talagrand (1991), respectively. As a special case of this result, the main results of Hu and Nyrhinen (2004) are not only improved, but also extended.

preprint2020arXivOpen access

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