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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…

概率论 · 数学 2019-09-18 Chaman Kumar , Tejinder Kumar

Inspired by the truncated Euler-Maruyama method developed in Mao (J. Comput. Appl. Math. 2015), we propose the truncated Milstein method in this paper. The strong convergence rate is proved to be close to 1 for a class of highly non-linear…

数值分析 · 数学 2017-07-07 Qian Guo , Wei Liu , Xuerong Mao , Rongxian Yue

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

In this work, weakly corrected explicit, semi-implicit and implicit Milstein approximations are presented for the solution of nonlinear stochastic differential equations. The solution trajectories provided by the Milstein schemes are…

数值分析 · 数学 2021-08-25 Tapas Tripura , Budhaditya Hazra , Souvik Chakraborty

Some new techniques are employed to release significantly the requirements on the step size of the truncated Milstein method, which was originally developed in Guo, Liu, Mao and Yue (2018). The almost sure stability of the method is also…

数值分析 · 数学 2018-09-18 Weijun Zhan , Yanan Jiang , Wei Liu

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…

数值分析 · 数学 2015-01-16 Xiaofeng Zong , Fuke Wu , Guiping Xu

The problem of the construction of strong approximations with a given order of convergence for jump-diffusion equations is studied. General approximation schemes are constructed for L\'evy type stochastic differential equation. In…

概率论 · 数学 2015-12-22 Michał Barski

Stochastic differential equations (SDEs) offer powerful and accessible mathematical models for capturing both deterministic and probabilistic aspects of dynamic behavior across a wide range of physical, financial, and social systems.…

统计理论 · 数学 2026-02-17 Paromita Banerjee , Anirban Mondal

In this work, an adaptive time-stepping Milstein method is constructed for stochastic differential equations with piecewise continuous arguments (SDEPCAs), where the drift is one-sided Lipschitz continuous and the diffusion does not impose…

数值分析 · 数学 2025-02-25 Yuhang Zhang , Minghui Song , Jiaqi Zhu

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…

数值分析 · 数学 2017-01-16 Wolf-Jürgen Beyn , Elena Isaak , Raphael Kruse

We propose a tamed-adaptive Milstein scheme for stochastic differential equations in which the first-order derivatives of the coefficients are locally H\"older continuous of order $\alpha$. We show that the scheme converges in the…

概率论 · 数学 2025-07-10 Thi-Huong Vu , Hoang-Long Ngo , Duc-Trong Luong , Tran Ngoc Khue

A convergence theorem for the continuous weak approximation of the solution of stochastic differential equations by general one step methods is proved, which is an extension of a theorem due to Milstein. As an application, uniform second…

数值分析 · 数学 2013-03-19 Kristian Debrabant , Andreas Rößler

This paper focuses on the strong convergence of the truncated $\theta$-Milstein method for a class of nonautonomous stochastic differential delay equations whose drift and diffusion coefficients can grow polynomially. The convergence rate,…

数值分析 · 数学 2021-12-28 Shuaibin Gao , Junhao Hu , Jie He , Qian Guo

We investigate the error of the randomized Milstein algorithm for solving scalar jump-diffusion stochastic differential equations. We provide a complete error analysis under substantially weaker assumptions than known in the literature. In…

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

In this paper a drift-randomized Milstein method is introduced for the numerical solution of non-autonomous stochastic differential equations with non-differentiable drift coefficient functions. Compared to standard Milstein-type methods we…

数值分析 · 数学 2018-12-12 Raphael Kruse , Yue Wu

A scheme for stabilizing stochastic approximation iterates by adaptively scaling the step sizes is proposed and analyzed. This scheme leads to the same limiting differential equation as the original scheme and therefore has the same…

概率论 · 数学 2010-07-28 Sameer Kamal

We propose a new tamed Milstein-type scheme for stochastic differential equation with Markovian switching when drift coefficient is assumed to grow super-linearly. The strong rate of convergence is shown to be equal to $1.0$ under mild…

概率论 · 数学 2019-09-18 Chaman Kumar , Tejinder Kumar

We present a novel multilevel Monte Carlo approach for estimating quantities of interest for stochastic partial differential equations (SPDEs). Drawing inspiration from [Giles and Szpruch: Antithetic multilevel Monte Carlo estimation for…

数值分析 · 数学 2025-04-15 Abdul-Lateef Haji-Ali , Andreas Stein

Higher order schemes for stochastic partial differential equations that do not possess commutative noise require the simulation of iterated stochastic integrals. In this work, we propose a derivative-free Milstein type scheme to approximate…

概率论 · 数学 2020-06-16 Claudine von Hallern , Andreas Rößler

In order to approximate solutions of stochastic partial differential equations (SPDEs) that do not possess commutative noise, one has to simulate the involved iterated stochastic integrals. Recently, two approximation methods for iterated…

概率论 · 数学 2019-10-09 Claudine von Hallern , Andreas Rößler
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