English

Stochastic differential equations with non-negativity constraints driven by fractional Brownian motion

Probability 2012-03-14 v2

Abstract

In this paper we consider stochastic differential equations with non-negativity constraints, driven by a fractional Brownian motion with Hurst parameter H>\1/2H>\1/2. We first study an ordinary integral equation where the integral is defined in the Young sense and then we apply this result pathwise to solve the stochastic problem.

Keywords

Cite

@article{arxiv.1107.5776,
  title  = {Stochastic differential equations with non-negativity constraints driven by fractional Brownian motion},
  author = {Marco Ferrante and Carles Rovira},
  journal= {arXiv preprint arXiv:1107.5776},
  year   = {2012}
}