Strong existence and uniqueness for stable stochastic differential equations with distributional drift (Q2184815): Difference between revisions

Here, the authors consider the following stochastic differential equation \[ X_t = x + \int_0^t b(X_s) ds + L_t, \quad t \geq 0, \quad x \in \mathbb{R}, \] where \(L\) is a symmetric 1-dimensional \(\alpha\)-stable process with \(\alpha \in (1,2)\) and the drift is in the Holder-Besov space \({\mathcal C}^{\beta}\) for \(\beta \in \mathbb{R}\). In the case where \(\beta \leq 0\) then \(b\) is not a function but just a distribution so the authors, inspired by [\textit{R. F. Bass} and \textit{Z.-Q. Chen}, Probab. Theory Relat. Fields 121, No. 3, 422--446 (2001; Zbl 0995.60053)], formulate a notion of strong solution establishing the strong existence and pathwise uniqueness of a solution in the case where \(\beta \geq \frac{1-\alpha}{2}\).