Convergence and Stability of Balanced Implicit Methods for Systems of SDEs

Convergence and Stability of Balanced Implicit Methods for Systems of SDEs

Year:    2005

Author:    Henri Schurz

International Journal of Numerical Analysis and Modeling, Vol. 2 (2005), Iss. 2 : pp. 197–220

Abstract

Several convergence and stability issues of the balanced implicit methods (BIMs) for systems of real-valued ordinary stochastic differential equations are thoroughly discussed. These methods are linear-implicit ones, hence easily implementable and computationally more efficient than commonly known nonlinear-implicit methods. In particular, we relax the so far known convergence condition on its weight matrices $c^j$. The presented convergence proofs extend to the case of nonrandom variable step sizes and show a dependence on certain Lyapunov-functionals $V$ : $\rm{IR}^d \rightarrow \rm{IR}_+^1$. The proof of $L^2$-convergence with global rate 0.5 is based on the stochastic Kantorovich-Lax-Richtmeyer principle proved by the author (2002). Eventually, $p$-th mean stability and almost sure stability results for martingale-type test equations document some advantage of BlMs. The problem of weak convergence with respect to the test class $C_{b(\kappa)}^2 (\rm{IR}^d, \rm{IR}^1)$ and with global rate 1.0 is tackled too.

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Journal Article Details

Publisher Name:    Global Science Press

Language:    English

DOI:    https://doi.org/2005-IJNAM-929

International Journal of Numerical Analysis and Modeling, Vol. 2 (2005), Iss. 2 : pp. 197–220

Published online:    2005-01

AMS Subject Headings:    Global Science Press

Copyright:    COPYRIGHT: © Global Science Press

Pages:    24

Keywords:    balanced implicit methods linear-implicit methods conditional mean consistency conditional mean square consistency weak $V$-stability stochastic Kantorovich-Lax-Richtmeyer principle $L^2$-convergence weak convergence almost sure stability $p$-th mean stability.

Author Details

Henri Schurz