“…More precisely, after fixing a finite set {g 1 , g 2 , • • • , g p } of endomorphisms of X and taking the unilateral shift σ : Σ + p → Σ + p defined on the space of sequences with values in {1, 2, • • • , p}, endowed with a Borel σ−invariant probability measure P, we associate to each ω = ω 1 ω 2 • • • ∈ Σ + p the sequence of compositions (g ω 1 g ω 2 • • • g ωn ) n ∈ N . Our aim is to carry on the analysis, started in [9,24], of the ergodic and statistical properties of these random compositions, and to set up a thermodynamic formalism. In this context common invariant measures seldom exist.…”