• Source: Skorokhod problem
    • In probability theory, the Skorokhod problem is the problem of solving a stochastic differential equation with a reflecting boundary condition.
      The problem is named after Anatoliy Skorokhod who first published the solution to a stochastic differential equation for a reflecting Brownian motion.


      Problem statement


      The classic version of the problem states that given a càdlàg process {X(t), t ≥ 0} and an M-matrix R, then stochastic processes {W(t), t ≥ 0} and {Z(t), t ≥ 0} are said to solve the Skorokhod problem if for all non-negative t values,

      W(t) = X(t) + R Z(t) ≥ 0
      Z(0) = 0 and dZ(t) ≥ 0







      0


      t



      W

      i


      (
      s
      )

      d


      Z

      i


      (
      s
      )
      =
      0


      {\displaystyle \int _{0}^{t}W_{i}(s){\text{d}}Z_{i}(s)=0}

      .
      The matrix R is often known as the reflection matrix, W(t) as the reflected process and Z(t) as the regulator process.


      See also


      List of things named after Anatoliy Skorokhod


      References

    Kata Kunci Pencarian: