ABSTRACT:We analyze a model of exhaustion of shared resources where allocation and deallocation requests are modeled by dynamical random variables as follows: Let (E, Ꮽ, , T) be a dynamical system where (E, Ꮽ, ) is a probability space and T is a transformation defined on E. We writefor the ޚ d -random walk generated by the family (X i ) iՆ1 . When T is a rotation on the torus
371then explicit calculations are possible. This stochastic model is a (small) step towards the analysis of distributed algorithms when allocation and deallocation requests are time dependent. It subsumes the models of colliding stacks and of exhaustion of shared memory considered in the literature [14,15,11,16,17,20]. The technique is applicable to other stochastically modeled resource allocation protocols such as option pricing in financial markets and dam management problems.