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Backward Euler–Maruyama method for the random periodic solution of a stochastic differential equation with a monotone drift

Abstract:
In this paper, we study the existence and uniqueness of the random periodic solution for a stochastic differential equation with a one-sided Lipschitz condition (also known as monotonicity condition) and the convergence of its numerical approximation via the backward Euler–Maruyama method. The existence of the random periodic solution is shown as the limit of the pull-back flows of the SDE and the discretized SDE, respectively. We establish a convergence rate of the strong error for the backward Euler–Maruyama method with order of convergence 1/2.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1007/s10959-022-01178-w

Authors


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Institution:
University of Oxford
Division:
MPLS
Department:
Mathematical Institute
Role:
Author


Publisher:
Springer
Journal:
Journal of Theoretical Probability More from this journal
Volume:
36
Pages:
605-622
Publication date:
2022-05-11
Acceptance date:
2022-04-09
DOI:
EISSN:
1572-9230
ISSN:
0894-9840


Language:
English
Keywords:
Pubs id:
1260773
Local pid:
pubs:1260773
Deposit date:
2023-01-27

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