We show that the total number of collisions in the exchangeable coalescent
process driven by the beta (1,b) measure converges in distribution to a
1-stable law, as the initial number of particles goes to infinity. The stable
limit law is also shown for the total branch length of the coalescent tree.
These results were known previously for the instance b=1, which corresponds
to the Bolthausen--Sznitman coalescent. The approach we take is based on
estimating the quality of a renewal approximation to the coalescent in terms of
a suitable Wasserstein distance. Application of the method to beta
(a,b)-coalescents with 0<a<1 leads to a simplified derivation of the known
(2−a)-stable limit. We furthermore derive asymptotic expansions for the
moments of the number of collisions and of the total branch length for the beta
(1,b)-coalescent by exploiting the method of sequential approximations.Comment: 25 pages, submitted for publicatio