A model of the gravitationally evolved dark matter distribution, in the
Eulerian space, is developed. It is a simple extension of the excursion set
model that is commonly used to estimate the mass function of collapsed dark
matter haloes. In addition to describing the evolution of the dark matter
itself, the model allows one to describe the evolution of the Eulerian space
distribution of the haloes. It can also be used to describe density profiles,
on scales larger than the virial radius, of these haloes, and to quantify the
way in which matter flows in and out of Eulerian cells. When the initial
Lagrangian space distribution is white noise Gaussian, the model suggests that
the Inverse Gaussian distribution should provide a reasonably good
approximation to the evolved Eulerian density field, in agreement with
numerical simulations. Application of this model to clustering from more
general Gaussian initial conditions is discussed at the end.Comment: 15 pages, 5 figures, submitted to MNRAS Sept. 199