Viswanath's constant is a mathematical constant, occuring in number theory - more specifically in the study of randomized Fibonacci sequences. The value of the number is 1.13198824 (approximated to 8 decimal digits).
Definition
The constant is defined as the exponential rate at which the average absolute value of a random Fibonacci sequence increases. A "random Fibonacci sequence" is a sequence of Fibonacci numbers that have the following recursive definition.
Terminating conditions :
Recursive step :
where,
or in other words, the decision whether to add or subtract the previous two elements of the sequence to get the next element, is taken at random with a probability of 0.5 favouring each decision (Say with a toss of a fair coin.)
In a sequence, thus constructed, with a probability of 1, (with extremely rare exceptions), the ratio of the absolute values of successive terms converges to the value of the constant, for large values of n.
Explication
The constant was discovered by Divakar Viswanath in 1999.
Johannes Kepler had shown that for normal Fiboancci sequences, (where the randomness of the sign does not occur), the ratio of the successive numbers converged to the golden mean. Thus, for any large n, the golden mean constant raised to the power of n yields the nth term of the sequence, with astonishing accuracy.
Though it seems surprising that a similar ratio be obtained for a series of elements obtained by randomly chosen signs, a little thoughtful intuition would show that there are extremely rare cases where this ratio does not hold. For example, consider the following series
1,1,0,1,-1,0,...
This series is not allowed to "grow beyond" 1 or -1, only because the oscillating signs of + and - appear in a systematic pattern. As long, as the series is constrained by this pattern, Viswanath's constant will never seem to hold for the elements of this sequence. However, in a perfectly random experiment, the chances that such patterns of + and - are obtained are extremely negligible.
Significance
In 1960, Hillel Furstenberg and Harry Kesten had shown that for a a general class of random-sequence generating processes that includes the random Fibonacci sequence, the absolute value of the nth term converges to a power of of a fixed constant. This seminal proof was highly significant to advances in laser technology and the study of glasses. The Nobel Prize for Physics in 1977 went to Philip Warren Anderson of Bell Laboratories, Sir Nevill Francis Mott of Cambridge University in England, and John Hasbrouck van Vleck of Harvard "for their fundamental theoretical investigations of the electronic structure of magnetic and disordered systems". These inverstiagtions were largely dependent on Furstenberg's and Kesten's proof. By specifying the exact value of the constant, Viswanath has given the proof a solid finish.
Viswanath's constant is expected to be of great significance to the study of probabilistic sequences. For example, it may suitably explain the case of rabbits randomly allowed to prey on each other. (See Fibonacci sequence for the original statement of the rabbit problem) This step, would allow closer simulation of real world scenarios in various applications.