Paper detail

Precise tail asymptotics of fixed points of the smoothing transform with general weights

We consider solutions of the stochastic equation $R=_d\sum_{i=1}^NA_iR_i+B$, where $N>1$ is a fixed constant, $A_i$ are independent, identically distributed random variables and $R_i$ are independent copies of $R$, which are independent both from $A_i$'s and $B$. The hypotheses ensuring existence of solutions are well known. Moreover under a number of assumptions the main being $\mathbb{E}|A_1|^α=1/N$ and $\mathbb{E}|A_1|^α\log|A_1|>0$, the limit $\lim_{t\to\infty}t^α\mathbb{P}[|R|>t]=K$ exists. In the present paper, we prove positivity of $K$.