Delay equations with non-negativity constraints driven by a Hölder continuous function of order \(\beta\in\left(\frac{1}{3},\frac{1}{2}\right)\) (Q2509973): Difference between revisions

The subject of the paper is delay equations with positivity constraints on \(\mathbb{R}^d\) driven by a Hölder continuous function of order \(\beta\in (\frac{1}{3},\frac{1}{2})\). The paper consists of six sections. Section 1 has an introductory character where the idea of the paper and the equations under consideration are presented. Section 2 contains the main results of the paper. Theorem 2.2 gives existence and uniqueness results of the solution to the deterministic delay differential equation. Theorem 2.4 provides boundedness of the supremum norm of the solution to that equation. Theorem 2.5 gives existence and uniqueness results of the solution to the stochastic version of the above mentioned equation driven by fractional Brownian motion with Hurst parameter \(H\in(\frac{1}{3},\frac{1}{2}) \). Section 3 contains some auxiliary definitions and results on fractional integrals. Section 4 presents the proof of Theorem 2.2, while Section 5 gives the proof of Theorem 2.4. I would like to emphasize that both proofs are given with details and they are very clearly written. Section 6 discusses the stochastic case, that is, the deterministic results obtained are applied to the corresponding stochastic differential equation. In the appendix, a fixed point theorem is recalled.