Erdős–Taylor conjecture on the supremum of planar random-walk local times

For xZ2x\in\mathbb{Z}^2 and N1N\geq 1, let xN\ell_x^N be the total number of visits to xx by a planar simple random walk started at the origin before exiting [N,N]2[-N,N]^2. Define the random Borel measure μN\mu_N on R2×R\mathbb{R}^2\times\mathbb{R} by

μN(A×T)=xZ21{x/NA}1{xN2π1/2logN+π1/2loglogNT}\mu_N(A\times T)=\sum_{x\in\mathbb{Z}^2}\mathbf{1}_{\{x/N\in A\}}\mathbf{1}_{\{\sqrt{\ell_x^N}-2\pi^{-1/2}\log N+\pi^{-1/2}\log\log N\in T\}}

for Borel sets AR2A\subset\mathbb{R}^2 and TRT\subset\mathbb{R}. Let μ\mu be the critical Brownian multiplicative chaos in [1,1]2[-1,1]^2 with the origin as starting point. Erdős–Taylor conjecture. There exist constants c1,c2>0c_1,c_2>0 such that (μN,N1)(\mu_N,N\geq1) converges in distribution, for the topology of vague convergence on R2×(R{+})\mathbb{R}^2\times(\mathbb{R}\cup\{+\infty\}), towards

PPP(c1μc2ec2tdt).\operatorname{PPP}(c_1\mu\otimes c_2e^{-c_2t}\,dt).

In particular, for every tRt\in\mathbb{R},

P(supxZ2xN2πlogN1πloglogN+t)NE[exp(c1μ([1,1]2)ec2t)].\mathbb{P}\left(\sup_{x\in\mathbb{Z}^2}\sqrt{\ell_x^N}\leq\frac{2}{\sqrt{\pi}}\log N-\frac{1}{\sqrt{\pi}}\log\log N+t\right)\xrightarrow[N\to\infty]{}\mathbb{E}\left[\exp\left(-c_1\mu([-1,1]^2)e^{-c_2t}\right)\right].

The conjecture concerns the extremal process and maximum of planar random-walk local times, whose logarithmic centering is predicted by the theory of extremes of log-correlated fields. The leading-order term 2π1/2logN2\pi^{-1/2}\log N was conjectured by Erdős and Taylor and has been proved; the full extremal-process and limiting-law statement remains unresolved.

Sources & referencesView supporting material

Primary source

Antoine Jego, “Critical Brownian multiplicative chaos”, arXiv:2005.14610 (2021).

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