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On the rate of convergence of strong Euler approximation for SDEs driven by Levy processes

On the rate of convergence of strong Euler approximation for SDEs driven by Levy processes

A SDE driven by an -stable process, with a Lipshitz continuous coefficient and a -Hölder drift is considered. The existence and uniqueness of a strong solution is proved when by showing that it is the -limit of Euler approximations. The -error (rate of convergence) is obtained for a nondegenerate truncated …