When to use $\limsup$ or $\liminf$?

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This is a soft question in the sense that I don't have a particular problem in mind, but rather, I have a general confusion:

I understand that (one) of the advantages of using $\liminf$ and $\limsup$ of a sequence or a function is that they always exist (as opposed to the $\lim$ which may fail to exist). However, many times I find myself asking the question: why take a $\liminf$ and not a $\limsup$?.

What is the difference between them? Or why choose one and not the other for some computation? or for some limiting process etc.

I know this is a very vague question, and therefore, you are welcome to interpret it as you like. I just want to start to clarify this confusion that I have had for a long time.

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It used to describe sequences of events which say that under certain conditions the probability that infinitely many events happen is either zero or one. They are used in the Borel-Cantelli lemmas, which is important since they are closely related to almost sure convergence, thus help us understand it better. They also provide a powerful tool when proving almost sure convergence.

Let $\{A_n : n \in \mathbb{N}\}$ be a sequence of events from a sample space $\Omega$.

If $\omega \in \bigcap_{n=1}^\infty \bigcup_{m=n}^\infty A_m$, then for every $n\ge 1$ there exists an $m\ge n$ such that $\omega \in A_m$. Thus for $\omega \in A_m$ for infinitely many values of $m$, or in other words, $A_m$ happens infinitely often.

On the other hand, if $\omega \in \bigcup_{n=1}^\infty \bigcap_{m=n}^\infty A_m$, there exists an $n\ge 1$ such that $\omega \in A_m$. That means that starting from $n$, all $A_m$, $m\ge n$, happen, which also mean that only finitely many $A^c_n$ happen. We say that $A_m$ happen eventually.

Thus, $$ \{\lim \sup A_n\}^c = \{\lim \inf A_n^c\} $$