Free Energy of the Cauchy Directed Polymer Model at High Temperature
Abstract
We study the Cauchy directed polymer model on Z1+1, where the underlying random walk is in the domain of attraction to the 1-stable law. We show that, if the random walk satisfies certain regularity assumptions and its symmetrized version is recurrent, then the free energy is strictly negative at any inverse temperature β>0. Moreover, under additional regularity assumptions on the random walk, we can identify the sharp asymptotics of the free energy in the high temperature limit, namely, equation* β0β2(-p(β))=-c. equation*
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