Asymptotic and Exponential Decay in Mean Square for Delay Geometric Brownian Motion

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Abstract

We derive sufficient conditions for asymptotic and monotone exponential decay in mean square of solutions of the geometric Brownian motion with delay. The conditions are written in terms of the parameters and are explicit for the case of asymptotic decay. For exponential decay, they are easily resolvable numerically. The analytical method is based on construction of a Lyapunov functional (asymptotic decay) and a forward-backward estimate for the square mean (exponential decay).
Original languageEnglish (US)
Pages (from-to)1-13
Number of pages13
JournalApplications of Mathematics
DOIs
StatePublished - Sep 3 2021

Bibliographical note

KAUST Repository Item: Exported on 2021-09-29
Acknowledgements: J. Haškovec acknowledges the support of the KAUST baseline funds.

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