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A new class of explicit Milstein schemes, which approximate stochastic differential equations (SDEs) with superlinearly growing drift and diffusion coefficients, is proposed in this article. It is shown, under very mild conditions, that…

概率论 · 数学 2016-01-13 Chaman Kumar , Sotirios Sabanis

A new class of explicit Euler schemes, which approximate stochastic differential equations (SDEs) with superlinearly growing drift and diffusion coefficients, is proposed in this article. It is shown, under very mild conditions, that these…

概率论 · 数学 2016-09-05 Sotirios Sabanis

We study strong approximation of $d$-dimensional stochastic differential equations (SDEs) with a discontinuous drift coefficient driven by a $d$-dimensional Brownian motion $W$. More precisely, we essentially assume that the drift…

概率论 · 数学 2025-05-22 Christopher Rauhögger

We study the $L^p$ rate of convergence of the Milstein scheme for SDEs when the drift coefficients possess only H\"older regularity. If the diffusion is elliptic and sufficiently regular, we obtain rates consistent with the additive case.…

概率论 · 数学 2024-12-12 Máté Gerencsér , Gerald Lampl , Chengcheng Ling

We present the first higher-order approximation scheme for solutions of jump-diffusion stochastic differential equations with discontinuous drift. For this transformation-based jump-adapted quasi-Milstein scheme we prove $L^p$-convergence…

数值分析 · 数学 2023-12-06 Paweł Przybyłowicz , Verena Schwarz , Michaela Szölgyenyi

We introduce a semi-implicit Milstein approximation scheme for some class of non-colliding particle systems modeled by systems of stochastic differential equations with non-constant diffusion coefficients. We show that the scheme converges…

概率论 · 数学 2019-08-13 Hoang-Long Ngo , Duc-Trong Luong

We propose a new explicit numerical scheme for stochastic differential equation with super-linearly growing drift and linearly growing diffusion coefficients which are also twice continuously differentiable. The rate of strong convergence…

概率论 · 数学 2018-06-04 Tejinder Kumar , Chaman Kumar

We are interested in strong approximations of one-dimensional SDEs which have non-Lipschitz coefficients and which take values in a domain. Under a set of general assumptions we derive an implicit scheme that preserves the domain of the…

计算金融 · 定量金融 2012-09-04 Andreas Neuenkirch , Lukasz Szpruch

In the study of McKean-Vlasov stochastic differential equations (MV-SDEs), numerical approximation plays a crucial role in understanding the behavior of interacting particle systems (IPS). Classical Milstein schemes provide strong…

数值分析 · 数学 2025-10-21 Jingtao Zhu , Yuying Zhao , Siqing Gan

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…

概率论 · 数学 2022-02-08 Chaman Kumar , Neelima

We propose a straightforward and effective method for discretizing multi-dimensional diffusion processes as an extension of Milstein scheme. The new scheme is explicitly given and can be simulated using Gaussian variates, requiring the same…

数值分析 · 数学 2024-09-04 Yuga Iguchi , Toshihiro Yamada

A Milstein-type method is proposed for some highly non-linear non-autonomous time-changed stochastic differential equations (SDEs). The spatial variables in the coefficients of the time-changed SDEs satisfy the super-linear growth condition…

数值分析 · 数学 2023-08-29 Wei Liu , Ruoxue Wu , Ruchun Zuo

We present an adaptive approximation scheme for jump-diffusion SDEs with discontinuous drift and (possibly) degenerate diffusion. This transformation-based doubly-adaptive quasi-Milstein scheme is the first scheme that has strong…

数值分析 · 数学 2026-03-10 Verena Schwarz

Existence, uniqueness, and $L_p$-approximation results are presented for scalar stochastic differential equations (SDEs) by considering the case where, the drift coefficient has finitely many spatial discontinuities while both coefficients…

In this paper we consider multidimensional stochastic differential equations (SDEs) with discontinuous drift and possibly degenerate diffusion coefficient. We prove an existence and uniqueness result for this class of SDEs and we present a…

数值分析 · 数学 2018-12-12 Gunther Leobacher , Michaela Szölgyenyi

We present a Milstein-type scheme for stochastic differential equations driven by L\'evy noise with super-linear diffusion coefficients and establish its strong convergence.

概率论 · 数学 2017-07-11 Chaman Kumar

We study pathwise approximation of strong solutions of scalar stochastic differential equations (SDEs) at a single time in the presence of discontinuities of the drift coefficient. Recently, it has been shown by M\"uller-Gronbach and…

概率论 · 数学 2024-02-23 Simon Ellinger

We propose and analyse a new Milstein type scheme for simulating stochastic differential equations (SDEs) with highly nonlinear coefficients. Our work is motivated by the need to justify multi-level Monte Carlo simulations for…

数值分析 · 数学 2012-04-10 Desmond J. Higham , Xuerong Mao , Lukasz Szpruch

A new explicit stochastic scheme of order 1 is proposed for solving commutative stochastic differential equations (SDEs) with non-globally Lipschitz continuous coefficients. The proposed method is a semi-tamed version of Milstein scheme to…

数值分析 · 数学 2021-10-13 Yulong Liu , Yuanling Niu , Xiujun Cheng

We introduce an explicit adaptive Milstein method for stochastic differential equations (SDEs) with no commutativity condition. The drift and diffusion are separately locally Lipschitz and together satisfy a monotone condition. This method…

数值分析 · 数学 2022-11-22 Cónall Kelly , Gabriel Lord , Fandi Sun
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