NANAOct 20, 2015

Stability of the semi-tamed and tamed Euler schemes for stochastic differential equations with jumps under non-global Lipschitz condition

arXiv:1510.0606710 citations
Originality Synthesis-oriented
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For researchers working on numerical methods for SDEs with jumps, this work extends stability analysis to non-global Lipschitz settings, but it is incremental as it builds on existing tamed schemes.

The paper analyzes the nonlinear and linear stability of semi-tamed and tamed Euler schemes for stochastic differential equations with jumps under non-global Lipschitz conditions, providing numerical simulations to support the theoretical results.

Under non-global Lipschitz condition, Euler Explicit method fails to converge strongly to the exact solution, while Euler implicit method converges but requires much computational efforts. Tamed scheme was first introduced in [2] to overcome this failure of the standard explicit method. This technique is extended to SDEs driven by Poisson jump in [3] where several schemes were analyzed. In this work, we investigate their nonlinear stability under non-global Lipschitz and their linear stability. Numerical simulations to sustain the theoretical results are also provided.

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