The elephant random walk in the triangular array setting

Gut and Stadm\"{u}ller (2021, 2022) initiated the study of the elephant random walk with limited memory. Aguech and El Machkouri (2024) published a paper in which they discuss an extension of results by Gut and Stadtm\"{u}ller (2022) for an "increasing memory" version of the elephant random walk without stops. Here we present a formal definition of the process which has been hinted at Eq. (2.2) in Gut and Stadtm\"{u}ller (2022). This definition is based on the triangular array setting. We give a positive answer to the open problem in Gut and Stadtm\"{u}ller (2022) for the elephant random walk, possibly with stops. We also obtain the CLT for the supercritical case of this model.
Comment: 13 pages