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Approximating and Simulating Multivalued Stochastic Differential Equations

Approximating and Simulating Multivalued Stochastic Differential Equations

We propose a two-step simulation scheme for the solution of a singular stochastic differential equation with exploding drift. First we estimate the strong order of the Yosida approximation. Then we use a semi-implicit Euler scheme to discretize the approximate solution. Numerical experiments are displayed for the paths of Brownian particles …