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In this paper, we develop a new explicit scheme called modified truncated Milstein method which is motivated by truncated Milstein method proposed by Guo (2018) and modified truncated Euler-Maruyama method introduced by Lan (2018). We…

Numerical Analysis · Mathematics 2022-09-27 Yu Jiang , Guangqiang Lan

Consider the following stochastic differential equation driven by multiplicative noise on $\mathbb{R}^d$ with a superlinearly growing drift coefficient, \begin{align*} \mathrm{d} X_t = b (X_t) \, \mathrm{d} t + \sigma (X_t) \, \mathrm{d}…

Probability · Mathematics 2025-05-07 Xiang Li , Yingjun Mo , Haoran Yang

A class of implicit Milstein type methods is introduced and analyzed in the present article for stochastic differential equations (SDEs) with non-globally Lipschitz drift and diffusion coefficients. By incorporating a pair of method…

Numerical Analysis · Mathematics 2023-03-21 Xiaojie Wang

This paper investigates projected Euler-Maruyama method for stochastic delay differential equations under a global monotonicity condition. This condition admits some equations with highly nonlinear drift and diffusion coefficients. We…

Numerical Analysis · Mathematics 2018-10-24 Min Li , Chengming Huang

In this article, we study the McKean-Vlasov neutral stochastic differential delay equations driven by fractional Brownian motion with super-linearly growing coefficients, where the Hurst exponent $H\in(1/2,1)$. The existence and uniqueness…

Probability · Mathematics 2025-10-28 Li Tan , Shizhong Hu , Shengrong Wang

In this paper we study the strong convergence for the Euler-Maruyama approximation of a class of stochastic differential equations whose both drift and diffusion coefficients are possibly discontinuous.

Probability · Mathematics 2016-09-02 Hoang-Long Ngo , Dai Taguchi

Polynomial stability of exact solution and modified truncated Euler-Maruyama method for stochastic differential equations with time-dependent delay are investigated in this paper. By using the well known discrete semimartingale convergence…

Probability · Mathematics 2018-01-16 Guangqiang Lan , Fang Xia , Qiushi Wang

In this paper, we consider stochastic differential equations whose drift coefficient is superlinearly growing and piece-wise continuous, and whose diffusion coefficient is superlinearly growing and locally H\"older continuous. We first…

Probability · Mathematics 2023-05-15 Minh-Thang Do , Hoang-Long Ngo , Nhat-An Pho

This paper focuses on two variants of the Milstein scheme, namely the split-step backward Milstein method and a newly proposed projected Milstein scheme, applied to stochastic differential equations which satisfy a global monotonicity…

Numerical Analysis · Mathematics 2017-01-16 Wolf-Jürgen Beyn , Elena Isaak , Raphael Kruse

In this paper, we study a class of super-linear stochastic differential delay equations with Poisson jumps (SDDEwPJs). The convergence and rate of the convergence of the truncated Euler-Maruyama numerical solutions to SDDEwPJs are…

Numerical Analysis · Mathematics 2020-09-08 Shuaibin Gao , Junhao Hu , Li Tan , Chenggui Yuan

In this paper, we consider a new approach for semi-discretization in time and spatial discretization of a class of semi-linear stochastic partial differential equations (SPDEs) with multiplicative noise. The drift term of the SPDEs is only…

Numerical Analysis · Mathematics 2023-07-10 Yukun Li , Liet Vo , Guanqian Wang

We develop an explicit Milstein-type scheme for McKean-Vlasov stochastic differential equations using the notion of derivative with respect to measure introduced by Lions and discussed in \cite{cardaliaguet2013}. The drift coefficient is…

Probability · Mathematics 2022-02-08 Chaman Kumar , Neelima

An explicit Milstein-type scheme for stochastic differential equation with Markovian switching is derived and its strong convergence in $\mathcal{L}^2$-sense is established without using It\^o-Taylor expansion formula. Rate of strong…

Probability · Mathematics 2019-09-18 Chaman Kumar , Tejinder Kumar

This paper aims at developing a systematic study for the weak rate of convergence of the Euler-Maruyama scheme for stochastic differential equations with very irregular drift and constant diffusion coefficients. We apply our method to…

Probability · Mathematics 2017-04-27 Hoang-Long Ngo , Dai Taguchi

We study the strong approximation of stochastic differential equations with discontinuous drift coefficients and (possibly) degenerate diffusion coefficients. To account for the discontinuity of the drift coefficient we construct an…

Numerical Analysis · Mathematics 2019-04-25 Andreas Neuenkirch , Michaela Szölgyenyi , Lukasz Szpruch

Stochastic differential equations are often simulated with the Monte Carlo Euler method. Convergence of this method is well understood in the case of globally Lipschitz continuous coefficients of the stochastic differential equation. The…

Numerical Analysis · Mathematics 2011-11-18 Martin Hutzenthaler , Arnulf Jentzen

An explicit first-order drift-randomized Milstein scheme for a regime switching stochastic differential equation is proposed and its bi-stability and rate of strong convergence are investigated for a non-differentiable drift coefficient.…

Probability · Mathematics 2025-03-11 Divyanshu Vashistha , Chaman Kumar

Strong convergence results on tamed Euler schemes, which approximate stochastic differential equations with superlinearly growing drift coefficients that are locally one-sided Lipschitz continuous, are presented in this article. The…

Probability · Mathematics 2013-06-17 Sotirios Sabanis

This paper examines convergence and stability of the two classes of theta-Milstein schemes for stochastic differential equations (SDEs) with non-global Lipschitz continuous coefficients: the split-step theta-Milstein (SSTM) scheme and the…

Numerical Analysis · Mathematics 2015-01-16 Xiaofeng Zong , Fuke Wu , Guiping Xu

We consider split-step Milstein methods for the solution of stiff stochastic differential equations with an emphasis on systems driven by multi-channel noise. We show their strong order of convergence and investigate mean-square stability…

Numerical Analysis · Mathematics 2014-11-27 V. Reshniak , A. Q. M. Khaliq , D. A. Voss , G. Zhang