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R E S E A R C H

Open Access

Neutral stochastic functional differential

equations with Lévy jumps under the local

Lipschitz condition

Wei Mao

1*

, Liangjian Hu

2

and Xuerong Mao

3

*Correspondence:

[email protected]

1School of Mathematics and

Information Technology, Jiangsu Second Normal University, Nanjing, 210013, China

Full list of author information is available at the end of the article

Abstract

In this paper, a general neutral stochastic functional differential equations with infinite delay and Lévy jumps (NSFDEwLJs) is studied. We investigate the existence and uniqueness of solutions to NSFDEwLJs at the phase spaceCgunder the local

Carathéodory type conditions. Meanwhile, we also give the exponential estimates and almost surely asymptotic estimates of solutions to NSFDEwLJs.

Keywords: neutral stochastic functional differential equations; Lévy jumps; phase spaceCg; the local Lipschitz condition; exponential estimates and almost surely

asymptotic estimates

1 Introduction

Many dynamical systems depend not only on present and past states but also involve derivatives with delays as well as the function itself. Deterministic neutral functional dif-ferential equations (NFDEs) are often used to describe such systems. The theory of NFDEs has been studied by many authors,e.g., Hale [, ]. Motivated by the chemical engineering systems as well as the theory of aeroelasticity, Kolmanovskii and Myshkis [, ] introduced the neutral stochastic functional differential equations (NSFDEs) and gave its applications in chemical engineering and aeroelasticity. Since then, the theory of NSFDEs has attracted more and more attention. For example, the existence, uniqueness, and stability of solutions to NSFDEs can be found in [–]. Various efficient computational methods of NSFDEs are obtained and their convergence and stability have been studied by many authors. One can see Jiang [], Liu [], Mo [], Wu [], Wang [], Yu [], Zhou [], Zong [, ]. However, the global Lipschitz condition imposed on [, , , , , , , , ] is seemed to be considerably strong when one discusses variable applications in real world. For instance, Cox [] proposed the Cox-Ingersoll-Ross process for describing the short-term interest rates

dx(t) =x(t)dt+θx(t)dw(t), x() =x, (.)

wherek,λ≥,θ >  andx> .w(t) is a one-dimensional Brownian motion. It is well

known that the diffusion coefficient of equation (.) is not globally Lipschitz. In this case, it is necessary for us to find other conditions to replace the Lipschitz condition. In the

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past few decades, many people have paid much attention to the existence, uniqueness of stochastic differential systems under some weaker conditions (see [–]). Different from the global Lipschitz condition, the non-Lipschitz condition is a much weaker suffi-cient condition with a wider range of applications. Very recently, this condition was inves-tigated by many scholars to study the existence and uniqueness of NSFDEs. For example, Ren [, ] extended the result of [] and derived the existence and uniqueness of the solution to NSFDEs at the phase spaceBC((–∞, ];Rd) under non-Lipschitz conditions in []; Bao [] established the existence and uniqueness theorem of mild solutions to a class of stochastic neutral partial functional differential equations under non-Lipschitz conditions; Boufoussi [] and Luo [] studied the existence and uniqueness of mild so-lutions to neutral stochastic partial differential equations with jumps and non-Lipschitz coefficients, respectively; In addition, Ren [] and Wei [] extended the phase space

BC((–∞, ];Rd) of [, ] to the phase spaceBandC

g, they obtained the existence and uniqueness theorem of solutions to NSFDEs under non-Lipschitz conditions.

Motivated by the aforementioned work, in this paper we aim to study the existence and uniqueness of solutions to NSFDEs with infinite delay and Lévy jumps at the phase space

Cg which is proposed by []. Meantime, we establish the exponential estimates and al-most surely asymptotic estimates of solutions to NSFDEs with infinite delay and Lévy jumps under non-linear growth conditions. Unlike the condition imposed by Wei [], we prove that equation (.) has a unique solution under some Carathéodory type con-ditions and we extend the existence results [, , ] to the phase spaceCg. To the best of our knowledge, under non-linear growth conditions, the exponential estimates and al-most surely asymptotic estimates of solutions for NSFDEs with infinite delay and Lévy jumps have scarcely been investigated.

The rest of this paper is organized as follows. In Section , we introduce some basic pre-liminaries and assumptions on equation (.); while in Section  we show that equation (.) has a unique solution on [,T] under the Carathéodory conditions; in Section , we prove thepth moment of solution will grow at most exponentially with exponent M

(–k)p

and show that the exponential estimations implies the almost surely asymptotic estima-tions. Finally, we give two examples to illustrate the theory in Section .

2 Preliminaries and some assumptions

Throughout this paper, unless otherwise specified, we use the following notation. Let|x|

be the Euclidean norm of a vectorxRn. IfAis a matrix, its trace norm is denoted by

|A|=trace(AA). Let (,F,{Ft}t≥,P) be a complete probability space with a filtration

{Ft}t≥satisfying the usual conditions (i.e.it is increasing and right continuous whileF

contains allP-null sets). Letw(t) = (w(t), . . . ,wm(t))Tbe anm-dimensional Brownian mo-tion defined on the probability space (,F,P).

Let{¯p=p¯(t),t≥}be a stationaryFt-adapted and Rn-valued Poisson point process. Then, forAB(Rn{}), hereB(Rn{}) denotes the Borelσ-field onRn{}and  / the closure ofA, we define the Poisson counting measureNassociated withp¯by

N(,tA:=# <st,p¯(s)∈A= t<st

IA

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where#denotes the cardinality of the set{·}. For simplicity, we denoteN(t,A) :=N((,t

A). It is well known that there exists aσ-finite measureπsuch that

EN(t,A)=π(A)t, PN(t,A) =n=exp(–(A))(π(A)t) n

n! .

This measureπis called the Lévy measure. Moreover, by Doob-Meyer’s decomposition theorem, there exists a unique{Ft}-adapted martingaleN˜(t,A) and a unique{Ft}-adapted natural increasing processNˆ(t,A) such that

N(t,A) =N˜(t,A) +Nˆ(t,A), t> .

HereN˜(t,A) is called the compensated Lévy jumps andNˆ(t,A) =π(A)tis called the com-pensator.

LetC=C((–∞, ],Rn) denote the family of continuous functions from (–∞, ] toRn, define

Cg=

φC: φ

g is uniform continuous on (–∞, ] and sups≤

|φ(s)|

g(s) <∞

,

where g : (–∞, ]→ [,∞) be a continuous and non-increasing function such that

g(–∞) = +∞,g() = . For anyφCg, define the norm:|φ|g=sups≤|

φ(s)|

g(s) , then the space

(Cg,| · |g) is a Banach space, which was proved by Arion [].

Letp≥,Mp([a,b];Rn) denote the family ofFt-measurable,Rn-valued processf(t) =

{f(t,ω)},t∈[a,b] such thatEab|f(t)|pdt<. In this paper, we assume that Lévy jumpsN is independent of Brownian motionw. ForZB(Rn{}), consider the following NSFDEs with Lévy jumps:

dx(t) –D(t,xt)

=f(t,xt)dt+g(t,xt)dw(t) +

Z

h(t,xt–,v)N(dt,dv), ≤tT, (.)

wherext={x(t+θ) : –∞<θ≤}andxt–denotes the left limit ofxt.D: [,TCgRn,

f : [,TCgRn,g: [,TCgRn×mandh: [,TCg×ZRnare both Borel-measurable functions. The initial functionxis given as

x=ξ=

ξ(θ) : –∞<θ≤.

That is,ξis anF-measurableCg-valued random variable such thatξM((–∞, ];Rn). In order to obtain the main results, we give the following conditions.

Assumption . LetD(t, ) =  and for anyϕ,ψCg, there exists a constantk∈(, )

such that

D(t,ϕ) –D(t,ψ)≤k|ϕψ|g. (.)

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Assumption . For anyϕ,ψCg andt∈[,T], there exists a functionk(t,u) :RR+→R+such that

f(t,ϕ) –f(t,ψ)∨g(t,ϕ) –g(t,ψ)∨

Z

h(t,ϕ,v) –h(t,ψ,v)π(dv)

kt,|ϕψ|g. (.)

Herek(t,u) is locally integrable intfor each fixedu∈[,∞), it is continuous, nondecreas-ing, and concave inufor each fixedt∈[,T]. Moreover,k(t, ) =  and for any constant

C> , if a non-negative continuous functionz(t),t∈[,T], satisfiesz() =  and

z(t)≤C

t

ks,z(s)ds, (.)

thenz(t) =  for allt∈[,T].

Assumption . For any constantC> , the deterministic ordinary differential equation

du

dt =Ck(t,u), ≤tT,

has a global solution for any initial valueu.

Assumption . For anyt∈[,T], there exists a constantKsuch that

f(t, )∨g(t, )∨

Z

h(t, ,v)π(dv)≤K. (.)

Assumption . For any integerN> , there exists a functionkN(t,u) :RR+→R+,

such that

f(t,ϕ) –f(t,ψ)∨g(t,ϕ) –g(t,ψ)∨

Z

h(t,ϕ,v) –h(t,ψ,v)π(dv)

kN

t,|ϕψ|g, (.)

for anyϕ,ψCg with|ϕ|g,|ψ|gNandt∈[,T]. HerekN(t,u) is nondecreasing and locally integrable intfor each fixedu∈[,∞), it is continuous and nondecreasing and concave inufor each fixedt∈[,T]. Moreover,kN(t, ) =  and for any constantC> ,

if a non-negative continuous functionz(t) satisfiesz() =  and

z(t)≤C

t

kN

s,z(s)ds, (.)

thenz(t) =  for allt∈[,T].

Remark . Clearly, the conditions (.) and (.) imply the growth condition. That is, for anyϕCg andt∈[,T], there exists a functionk(t,u) :RR+→R+such that

f(t,ϕ)∨g(t,ϕ)∨

Z

h(t,ϕ,v)π(dv)≤kt,|ϕ|g+ K, (.)

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Remark . By using the Carathéodory theorem (see []), it follows that the determin-istic ordinary differential equation

du

dt =Ck(t,u), ≤tT,

has a global solution for any initial valueu. In addition, by applying Lemma  in [], we

see thatz(t) of (.) is identically zero on [,T].

3 Existence and uniqueness theorem

In this section, we establish the existence and uniqueness theorem to equation (.) under the Carathéodory type conditions.

In order to prove our main results, we need to introduce the following lemmas.

Lemma . Let p≥and a,bRn.Then,for> ,

|a+b|p≤ +p–p–

|a|p+|b| p

.

Lemma . Letφ:RZRnand assume that

t

Z

φ(s,v)(dv)ds<∞, p≥.

Then there exists Dp> such that

E

sup

≤tu t

Z

φ(s,v)N˜(ds,dv) p

Dp

E

u

Z

φ(s,v)π(dv)ds

p

+E

u

Z

φ(s,v)(dv)ds

.

The proofs of Lemma . and Lemma . can be found in [] and [, ], we omit them here.

Lemma . Let p≥and a,bRn.Then,for anyδ(, ),

|a+b|p≤ |a|

p

( –δ)p–+

|b|p

δp–.

The proof of Lemma . can be obtained from Lemma . by putting=–δδ.

Lemma . For any fM([,T];Rn),gM([,T];Rn×d)and hM([,T]×Z;Rn),

the following equation:

⎧ ⎨ ⎩

d[x(t) –D(t,xt)] =f(t)dt+g(t)dw(t) +

Zh(t,v)N(dt,dv), t∈[,T],

x() =ξ, (.)

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Proof Define the operator,

(x)(t) =x+D(t,xt) –D(,x) +

t

f(s)ds

+ t

g(s)dw(s) + t

Z

h(s,v)N(ds,dv),

and (x)() =ξ, then we write equation (.) asx(t) = (x)(t). Clearly,xis anRn-valued measurable{Ft}-adapted process and continuous int∈[,T]. By the Hölder inequality and the Doob martingale inequality, we obtain

E

sup

≤tT

(x)(t)

≤E sup

≤tT|

x|+ E sup ≤tT

D(t,xt) –D(,x) 

+ E sup

≤tT t

f(s)ds

+ E sup

≤tT t

g(s)dw(s)

+ E sup

≤tT t

Z

h(s,v)N(ds,dv)

≤|x|+ kE sup ≤tT|

xtx|g+ TE T

f(s)ds

+ E

T

g(s)ds+ E

T

Rn

h(s,u)π(du)ds.

Note that|xt|g=sup–∞≤σ≤x(t+

σ)

g(σ) , we obtain

E sup

≤st|

xs|gE sup

≤st sup

–∞≤σ≤

|x(s+σ)|

g(σ) 

E|ξ|g+E sup

≤st x(s)

.

Therefore, by applying the basic inequality|a+b||a|+ |b|, we have

E

sup

≤tT

(x)(t)

≤ + kE|ξ|g+ kE sup

≤tT

x(t)+ +TE

T

f(s)ds

+ E

T

g(s)ds+ E

T

Rn

h(s,u)π(du)ds.

Since fM([,T];Rn), g M([,T];Rn×d) and h M([,T] × Z;Rn), if

EsuptT|x(t)|<, then we get

E

sup

≤tT

(x)(t)<∞. (.)

Hence, (.) implies is an operator from M([,T];Rn) to itself and we conclude that is well defined. Now, we prove thathas a unique fixed point. For anyx,yM([,T];Rn), we have

E sup

≤tT

(x)(t) – (y)(t) =E sup

≤tT

D(t,xt) –D(t,yt)

kE sup

≤tT

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From  <k

< , it follows thatφ is a contractive mapping. Thus, by the Banach fixed

point theorem, we have the operatorhas a unique fixed point inM([,T];Rn),i.e., there exists a unique stochastic processx=x(t) satisfying

E sup

≤tT

x(t) – (x)(t)= .

Sox(t) is a unique solution of equation (.) in [,T]. The proof is complete.

Theorem . Let Assumptions.-.hold.Then there exists a uniqueFt-adapted

solu-tion{x(t)}t≥to equation(.)such that E(sup≤tT|x(t)|) <∞for all T> .

Proof We construct the sequence of successive approximations defined as follows:

x(t) =ξ(), t∈(–∞,T] and xn=ξ, n≥,

xn(t) –Dt,xnt=ξ() –D(,ξ) + t

fs,xns–ds+ t

gs,xns–dw(s)

+ t

Z

hs,xns–,vN(ds,dv), t∈[,T],n≥. (.)

The solutionxn(t) of the above equation exists according to Lemma .. The proof will be split into the following three steps.

Step. Let us show that{xn(t)}

n≥ is bounded. Taking∈(,k 

– ), by applying the

elementary inequality|a+b|( +)|a|+ ( +–)|b|and Assumption ., we derive

that

xn(t)≤( +)Dt,xnt+ +–xn(t) –Dt,xnt ≤( +)kxntg+ +–xn(t) –Dt,xnt.

In particular, taking=(

k– ), we get

xn(t)≤ +k

 

x n t

g+  +k

 –k 

xn(t) –Dt,xnt. (.)

Taking the expectation on both sides of (.), we have

E sup

≤st

xn(s)≤ +k

 

Esup≤st

xnsg+ +k

 

 –kEsup≤st

xn(s) –Ds,xns.

Similarly, note that|xn

t|g=sup–∞≤σ≤x

n(t+σ)

g(σ) , we obtain

E sup

≤st

xnsgE sup

≤st sup

–∞≤σ≤

|xn(s+σ)|

g(σ) 

E|ξ|g+E sup

≤st xn(s).

Sincek∈(, ), then we have+k

 

 < ,

E sup

≤st

xn(s)≤ +k

 

 –kE|ξ| 

g+

( +k) ( –k)E sup

≤st

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Next, we will estimate the second term of (.). Using the elementary inequality|a+b+

c+d|(|a|+|b|+|c|+|d|), it follows from (.) that

E sup

≤st

xn(t) –Dt,xnt

≤E sup

≤st

ξ() –D(,ξ)+ E sup

≤st s

,xnσ–

+ E sup

≤st

sgσ,xnσ–

dw(σ)

+ E sup

≤st

sZ,xnσ––,v

N(,dv)

. (.)

By Lemma . withp= , we have

E sup

≤st

ξ() –D(,ξ)≤( +k)

()+E|D(,ξ)|

k

≤( +k)E|ξ|g. (.)

Using the Hölder inequality and Doob’s martingale inequality, we get

E sup

≤st

sfσ,xnσ–

TE

t

fs,xns–ds (.)

and

E sup

≤st s

,xnσ–

dw(σ)

≤E

t

g

s,xns–ds. (.)

Now for the fourth term of (.). By using the basic inequality|a+b|(|a|+|b|), we

have

E sup

≤st s

Z

,xnσ––,v

N(,dv)

≤E sup

≤st s

Z

,xnσ––,v

˜

N(,dv)

+ E sup

≤st

sZ,xnσ––,v

π(dv)

,

whereN(dt,dv) =N˜(dt,dv) +π(dv)dt. By Lemma . withp=  and the Hölder inequality, we derive that

E sup

≤st

sZ,xnσ––,v

π(dv)

(Z)E

t

Z

hs,xsn–,vπ(dv)ds

and

E sup

≤st

sZ,xnσ–,vN˜(,dv)

DE

t

Z

hs,xns–,vπ(dv)ds.

Therefore,

E sup

≤st

sZ,xσn–,vN(,dv)

≤D+(Z)

E

t

Z

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Combining with (.)-(.), it follows that

E sup

≤st

xn(s) –Dt,xn s

≤( +k)E|ξ|g+ TE t

fs,xns–ds+ E

t

gs,xns–ds

+ D+(Z)

E

t

Z

hs,xns–,vπ(dv)ds.

Then the condition (.) implies that

E sup

≤st

xn(s) –Dt,xns

≤( +k)E|ξ|g+ TE t

fs,xns––f(s, )ds+ T

t

f(s, )ds

+ E

t

g

s,xns––g(s, )ds+  t

g(s, )ds

+ D+(Z)

E

t

Z

hs,xns–,vh(s, ,v)π(dv)ds

+ D+(Z)

t

Z

h(s, ,v)π(dv)ds

cE|ξ|g+cK+ (T+ )E

t

ks,xn–

s

g

ds

+D+ (Z)

E

t

ks,xns–gds,

wherec= ( +k),c= (T+  + D+ (Z)). By applying the Jensen inequality,

we have

E sup

≤st

xn(s) –Dt,xns

cE|ξ|g+cK+ (T+ )

t

ks,Exns–gds

+D+ (Z)

t

ks,Exns–gds

cE|ξ|g+cK+c

t

k

s,E sup

≤σs xnσ–

g

ds. (.)

Then, inserting (.) into (.), we get

E sup

≤st

xn(t)≤cE|ξ|g+cK+c

t

k

s,E sup

≤σs xnσ–

g

ds

cE|ξ|g+cK+c

t

k

s,E|ξ|g+E sup

≤σs

xn–(σ)

(10)

wherec=

(+k)(–k)

–k andc=

(+k)

(–k) . This indicates that

E|ξ|g+E sup

≤st xn(t)

≤( +c)E|ξ|g+cK+c

t

k

s,E|ξ|g+E sup

≤σs

xn–(σ)

ds. (.)

By Assumption ., it follows thatu(t) is a global solution of the equation

u(t) =u+c

t

ks,u(s)ds

with the initial conditionu> ( +c)E|ξ|g +cK. Now, we will prove the following

in-equality:

E|ξ|g+E sup

≤st

xn(s)≤u(t), (.)

holding for alln≥. Forn= , the inequality (.) holds by the definition ofu. When

n=k– , suppose that

E|ξ|g+E sup

≤st

xk–(s)≤u(t) (.)

holds. Then, by (.),

u(t) –E|ξ|gE sup

≤st xk(s)

u– ( +c)E|ξ|gcK+c

t

ks,u(s)–k

s,E|ξ|g+E sup

≤σs

xn–(σ)

ds

≥.

From mathematical induction and (.), we have

E|ξ|g+E sup

≤st

xk(s)≤u(t).

Sincek(t,u) is continuous and nondecreasing inufor each fixedt≥, we obtain

E sup

≤tT

xn(t)u(T) < (.)

for alln≥. This proves the boundedness of{xn(t),n}.

Step. Let us show that{xn(t)}n≥is a Cauchy sequence. Since the sequence{xn(t)}n≥

is bounded by (.), we obtain a positive constantCsuch that

E sup

≤tT

xn(t) –xm(t)≤E sup

≤tT

xn(t)+E sup

≤tT

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For anyt∈[,T] andm,n≥, it follows from Lemma . withp=  and Assumption . that

xn(t) –xm(t)≤ |x

n(t) –xm(t) – [D(t,xn

t) –D(t,xmt )]|  –k

+|D(t,x n

t) –D(t,xmt )|

k

≤ |xn(t) –xm(t) – [D(t,xnt) –D(t,xmt )]|  –k

+kxntxmt

g, (.)

whereδ=k. Taking the expectation on both sides of (.), it follows that for anyt∈[,T]

E sup

≤st

xn(t) –xm(t)≤Esup≤st|x

n(s) –xm(s) – [D(s,xn

s) –D(s,xms )]|  –k

+kE sup ≤st

xn(s) –xm(s).

Consequently,

E sup

≤st

xn(s) –xm(s)≤Esup≤st|x

n(s) –xm(s) – [D(s,xn

s) –D(s,xms)]| ( –k)

. (.)

Now, we will estimateEsupst|xn(s) –xm(s) – [D(s,xn

s) –D(s,xms)]|. Using the elementary inequality|a+b+c|(|a|+|b|+|c|), we have

E sup

≤st

xn(s) –xm(s) –Ds,xnsDs,xms

≤E sup

≤st t

,xnσ–

,xmσ–

+ E sup

≤st

sgσ,xnσ–

,xmσ–

dw(σ)

+ E sup

≤st

sZ,xnσ––,v

,xmσ––,v

N(,dv)

. (.)

Using the Hölder inequality and Doob’s martingale inequality again, we get

E sup

≤st t

,xnσ––,xmσ–

TE

t

fs,xns––fs,xms–ds (.)

and

E sup

≤st s

,xnσ–

,xmσ–

dw(σ)

≤E

t

gs,xns––gs,xms–ds. (.)

In the meantime, by Lemma . withp=  and the Hölder inequality, we have

E sup

≤st

sZ,xnσ–,v,xmσ–,vN(,dv)

≤E sup

≤st

tZ,xnσ––,v

,xmσ––,v

˜

N(,dv)

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+ E sup

≤st t

Z

,xnσ––,v

,xmσ––,v

π(dv)

≤D+(Z)

E

t

Z h

s,xns–,vhs,xms–,vπ(dv)ds. (.)

Combining with (.)-(.), it follows from Assumption . that

E sup

≤st

xn(s) –xm(s) –Ds,xnsDs,xms

≤(T+ )E

t

ks,xns––xms–gds+ D+(Z)

E

t

ks,xns––xms–gds

≤(T+ ) t

ks,Exns––xms–gds+ D+(Z)

t

ks,Exns––xms–gds

≤T+  + D+ (Z)

t

k

s,E sup

≤σs

xn–(σ) –xm–(σ)g

ds. (.)

Substituting (.) into (.), we get

E sup

≤st

xn(s) –xm(s)

≤T+  + D+ (Z)

( –k)

t

k

s,E sup

≤σs

xn–(σ) –xm–(σ)g

ds.

Then, by the Fatou lemma and (.), it is easily seen that

lim

n,m→∞Esupstx

n(s) –xm(s)

≤T+  + D+ (Z)

( –k)

t

k

s, lim

n,m→∞Esupσs

xn(σ) –xm(σ)

ds.

Hence, Assumption . implies that

lim

n,m→∞Esupstx

n(s) –xm(s)

= . (.)

This shows that{xn(t)}is a Cauchy sequence inM([,T];Rn).

Step. According to (.), it follows that there existsx(t)∈M([,T];Rn) such that limn→∞Esup≤st|xn(s) –x(s)|= . For anyδ> , by the Chebyshev inequality, we have

lim n→∞P

sup

≤st

xn(s) –x(s)≥δ

= . (.)

Hence, there exists a subsequence{ni}i=,,,...,∞satisfying

P

sup

≤st

xni(s) –x(s)≥

i

≤ 

i, i≥. (.)

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x(t) is a solution of equation (.). In addition, similar to the proof of (.), we obtain

EsuptT|x(t)|<for anyT> .

Now we address proving the uniqueness of equation (.). Letx(t) andy(t) be any two solutions of equation (.), we can prove by the same procedure as Step  that

E sup

≤st

x(s) –y(s)≤C

t

ks,E sup

≤σs

x(σ) –y(σ)

for allt∈[,T]. By Assumption ., we obtain

E sup

≤st

x(s) –y(s)= ,

i.e., for anyt∈[,T],x(t)≡y(t) a.s. The proof is completed.

Remark . Letk(t,u) =c(t)k(u),t∈[,T], wherec(t)≥ is locally integrable andk(u) is

a continuous, nondecreasing, and concave function withk() =  such that+k(u)du=

∞. Then by the comparison theorem of differential dynamic systems we know that As-sumptions . and . hold.

Remark . Now let us give some concrete examples of the functionk(·). LetL>  and

δ∈(, ) be sufficiently small. Definek(u) =Lu,

k(u) =

⎧ ⎨ ⎩

u

log(u), u∈[,δ],

δ

log(δ) +k(δ–)(uδ), u∈[δ, +∞],

where k denotes the derivative of the functionk. They are all concave nondecreasing functions satisfy+kdu

i(u)= +∞(i= , ).

Next, we will prove the existence and uniqueness of solutions to equation (.) under the local Carathéodory conditions.

Theorem . If Assumptions., ., .,and.hold,then there exists a unique local

solution{x(t)}t≥to equation(.).

Proof LetT∈(,T), for eachN≥, we define the truncation functionfN(t,ϕ) as follows:

fN(t,ϕ) = ⎧ ⎨ ⎩

f(t,ϕ), |ϕ|gN,

f(t,N|ϕϕ|

g), |ϕ|g>N,

andgN(t,ϕ),hN(t,ϕ,v) similarly. ThenfN,gN, andhN satisfy Assumption . due to the following inequality as regardsfN,gN, andhN:

fN(t,ϕ) –fN(t,ψ)

gN(t,ϕ) –gN(t,ψ)

≤kN

t,|ϕψ|g,

Z

hN(t,ϕ,v) –hN(t,ψ,v)

π(dv)≤kN

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whereϕ,ψCgandt∈[,T]. Therefore, by Theorem ., there exists a unique solution xN(t) andxN+(t), respectively, to the following stochastic systems:

xN(t) =ξ() +D

t, (xN)t

D(,ξ) + t

fN

s, (xN)s ds+ tgN

s, (xN)s

dw(s)

+ tZ hN

s, (xN)s–,v

N(ds,dv),

xN+(t) =ξ() +D

t, (xN+)t

D(,ξ) + t

fN+

s, (xN+)s

ds

+ t

gN+

s, (xN+)s

dw(s) + t

Z

hN+

s, (xN+)s–,v

N(ds,dv).

By Lemma . withp=  and Assumption ., it follows that

E sup

≤st

xN+(s) –xN(s)

Esup≤st|xN+(s) –xN(s) – [D(s, (xN+)s) –D(s, (xN)s)]| ( –k)

. (.)

Define the stopping times

σN:=T∧inf

t∈[,T] :xN(t)≥N

,

σN+:=T∧inf

t∈[,T] :xN+(t)≥N+ 

,

τN:=σNσN+.

Again the Hölder inequality, the Burkholder-Davis-Gundy inequality, and Lemma . with

p=  imply that

E sup

≤stτN

xN+(s) –xN(s) –

Ds, (xN+)s

Ds, (xN)s

≤TE

tτN

fN+

s, (xN+)s

fN

s, (xN)s

ds

+ E

tτN

gN+

s, (xN+)s

gN

s, (xN)s

ds

+ D+(Z)

E

tτN

Z hN+

s, (xN+)s–,v

hN

s, (xN)s–,vπ(dv)ds.

Noting that, for any ≤tτN,

fN+

s, (xN)s

=fN

s, (xN)s

, gN+

s, (xN)s

=gN

s, (xN)s

,

hN+

s, (xN)s–,v

=hN

s, (xN)s–,v

,

we derive that

E sup

≤stτN

xN+(s) –xN(s) –

Ds, (xN+)s

Ds, (xN)s

≤TE

tτN

fN+

s, (xN+)s

fN+

(15)

+ E

tτN

gN+

s, (xN+)s

gN+

s, (xN)s

ds

+ D+(Z)

E

×

tτN

Z hN+

s, (xN+)s–,v

hN+

s, (xN)s–,vπ(dv)ds. (.)

Substituting (.) into (.), it follows from Assumption . that

E sup

≤st

xN+(sτN) –xN(sτN)

≤T+  + [D+(Z)]

( –k)

tτN

kN+

s,E(xN+)s–– (xN)s– 

g

ds. (.)

IftτN, then we have tτN

kN+

s,E(xN+)s–– (xN)s–g

ds

= t

kN+

sτN,E(xN+)sτN–– (xN)sτN

g

ds.

Ift>τN, then we have tτN

kN+

s,E(xN+)s–– (xN)s– 

g

ds

t

kN+

sτN,E(xN+)sτN–– (xN)sτN

g

ds.

For any fixedu∈[,∞),kN(t,u) is nondecreasing int, so we obtain

E sup

≤st

xN+(sτN) –xN(sτN)

≤T+  + [D+(Z)]

( –k)

t

kN+

sτN,E(xN+)sτN–– (xN)sτN

g

ds

≤T+  + [D+(Z)]

( –k)

×

t

kN+

sτN,E sup

≤σs

xN+(στN) –xN(στN)

ds

≤T+  + [D+(Z)]

( –k)

t

kN+

s,E sup

≤σs

xN+(στN) –xN(στN)

ds.

From Assumption ., one sees that

E sup

≤st

xN+(sτN) –xN(sτN)

= .

Therefore, we obtain

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For eachω, there exists anN(ω) >  such that  <T≤τN. Now definex(t) by

x(t) =xN(t) fort∈[,T]. Sincex(tτN) =xN(tτN), it follows that

x(tτN) =ξ() +D

tτN, (xN)tτN

D(,ξ) + tτN

fN

s, (xN)s

ds

+ tτN

gN

s, (xN)s

dw(s) + tτN

Z

hN

s, (xN)s–,v

N(ds,dv)

=ξ() +D(tτN,xtτN) –D(,ξ) + tτN

f(s,xs)ds

+ tτN

g(s,xs)dw(s) + tτN

Z

h(s,xs–,v)N(ds,dv).

LettingN→ ∞then yields

x(t) =ξ() +D(t,xt) –D(,ξ) + t

f(s,xs)ds

+ t

g(s,xs)dw(s) + t

Z

h(s,xs–,v)N(ds,dv), t∈[,T].

We can see thatx(t) is the solution of equation (.).

Remark . From Theorem ., we derive the existence and uniqueness of solution to

equation (.) under local Carathéodory conditions with the non-Lipschitz conditions in [, , ] being regarded as special cases, which makes it more feasible that the condi-tions of equation (.) can be satisfied.

IfkN(t,u) is independent oft,i.e. kN(t,u) =kN(u), we obtain the following corollary.

Corollary . Let Assumptions.and.hold.Assume that,for any integer N> and t∈[,T],there exists a positive constant kNsuch that,for anyϕ,ψCgwith|ϕ|g,|ψ|gN,

it follows that

b(t,ϕ) –b(t,ψ)∨σ(t,ϕ) –σ(t,ψ)≤kN

|ϕψ|g, (.)

Z

h(t,ϕ,v) –h(t,ψ,v)π(dv)≤kN

|ϕψ|g, (.)

where kN(u)is a concave and nondecreasing function such that kN() = and

+k

N(u)du=

∞.Then equation(.)has a unique local solution x(t)on[,T].

Proof In fact, if the conditions of Corollary . hold, then Assumption . also holds. Thus, from Theorem ., we can prove that equation (.) has a unique local solutionx(t) on

[,T].

Remark . If we letkN(u)≡kNu,kN,u≥, then conditions (.) and (.) imply the

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4 Exponential estimations for solutions

In this section, we will give thepth exponential estimates and almost surely asymptotic estimations of solutions to equation (.).

Assumption .(Non-linear growth condition) For anyϕ,ψCgandt∈[,T], f(t,ϕ)∨g(t,ϕ)≤ρ +|ϕ|g,

Z

h(t,ϕ,v)(dv) 

p

ρ +|ϕ|g,

whereρ(·) is a concave and nondecreasing function fromR+toR+such thatρ() =  and

ρ(u) >  foru> .

Sinceρ(·) is concave andρ() = , one can find a pair of positive constantsaandbsuch thatρ(u)≤a+bufor allu≥.

Remark . In particular, we see clearly that if letρ(u) =Lu,L> , then Assumption . reduces to the linear growth condition. In other words, Assumption . is much weaker than the linear growth condition.

Suppose that equation (.) has a unique solutionx(t),t∈[–∞,T]. Along with the non-linear growth condition, we first establish thepth exponential estimates.

Theorem . Let E|ξ|pg<∞and Assumption.hold.Then,for any t∈[,T]and p≥,

E sup

≤tT

x(t)p

k

 –k

E|ξ|pg+ M ( –k)p

e

M

(–k)pT, (.)

where M,Mare two positive constants.

Proof Without loss of generality, we assume that x(t) is bounded. Otherwise, for each integern≥, define the stopping time

τn=inf

t∈[,T] :x(t)≥n.

If we can show (.) for the stopped processesx(tτn), then the general case follows upon lettingn→ ∞. By the Itô formula, we derive that

x(t) –D(t,xt) p

=x() –D(,x)

p +

t

px(s) –D(s,xs) p–

x(s) –D(s,xs)

f(s,xs)ds

+ t

p

x(s) –D(s,xs) p–

g(s,xs)ds

+ t

p(p– )

x(s) –D(s,xs) p–

x(s) –D(s,xs)

g(s,xs)

ds

+ t

px(s) –D(s,xs) p–

x(s) –D(s,xs)

g(s,xs)dw(s)

+ t

Z

x(s) –D(s,xs) +h(s,xs–,v)px(s) –D(s,xs)p

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Taking the expectation on both sides of (.), one gets

E sup

≤st

x(s) –D(s,xs)p

E sup

≤st

x() –D(,x)

p +E

t

px(s) –D(s,xs) p–

f(s,xs)ds

+E

t

p(p– )

x(s) –D(s,xs) p–

g(s,xs)ds

+E sup

≤st s

px(σ) –D(σ,) p–

x(σ) –D(σ,)

g(σ,)dw(σ)

+E sup

≤st s

Z

x(σ) –D(σ,) +h(σ,–,v)p

x(σ) –D(σ,) p

N(,dv). (.)

By Lemma . and Assumption ., we get

E sup

≤st

x() –D(,x)

p

≤ +

p–

p–

Ex()p+E|D(,x)| p

≤ +

p–

p–

Ex()p+kpE|x|

p g

≤( +k)pE|ξ|pg, (.)

where=kp–. Using the basic inequality

ap–b(p– )

p a

p+

pp–b

p, a,b> ,p, and> ,

we have

E

t

px(s) –D(s,xs) p–

f(s,xs)ds

E

t

p

(p– )

p x(s) –D(s,xs)

p + 

pp–

f(s,xs)p

ds

(p– )

t

E sup

≤σs

x(σ) –D(σ,) p

ds+ 

p–

t

Ef(s,xs)pds, (.)

where> . By Lemma ., it follows that E sup

≤σs

x(σ) –D(σ,) p

ds

≤( +k)p–

E sup

≤σs

x(σ)p+kE sup ≤σs|

|pg

≤( +k)p

E sup

≤σs

x(σ)p+E sup

≤σs sup

–∞≤u≤

|

x(s+u)|

g(u) p

≤( +k)p

E|ξ|pg+ E sup

≤σs

(19)

From Assumption ., we obtain

E

t

f(s,xs)pdsE t

ρ +|xs|g p

ds,

E

t

a+b +|xs|g p

ds.

Applying the basic inequality|a+b|p ≤

p

–(|a|

p

 +|b|

p

), it is easy to see that

E

t

f(s,xs) p

ds

≤p–E

t

(a+b)p+b

p

|x

s|pg

ds

≤p–(a+b)

p

 +E|ξ|p

g

T+ p–(a+b)

p

t

E sup

≤σs

x(σ)pds. (.)

Inserting (.) and (.) into (.) and letting=

(a+b), we obtain

E

t

px(s) –D(s,xs)p–f(s,xs)ds≤ ¯c

 +E|ξ|pgT+c¯

t

E sup

≤σs

x(σ)pds, (.)

wherec¯= 

(a+b)(p– )( +k)p+

a+b

 . For the third term of the inequality (.), by

applying the basic inequality

ap–b≤(p– )

p a

p+

pp–

bp,

it follows that, fora,b> ,p≥, and> ,

E

t

p(p– )

x(s) –D(s,xs) p–

g(s,xs)ds

p(p– )

E t

(p– )

p x(s) –D(s,xs)

p +  p p–  

g(s,xs) p

ds

p(p– )

t

(p– ) p ( +k)

pE|ξ|p

g+ E sup

≤σs x(σ)p

ds

+p(p– )   p p–  

p–(a+b)

p

 +E|ξ|p

g T+ tE sup

≤σs

x(σ)pds

.

Letting= (a+b),

E

t

p(p– )

x(s) –D(s,xs) p–

g(s,xs)

ds

≤ ¯c

 +E|ξ|pgT+c¯

t

E sup

≤σs

References

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