Linearization and local stability of random dynamical systems

Evstigneev, Igor; Pirogov, Sergey; Schenk-Hoppé, Klaus

doi:10.1090/S0002-9939-2010-10647-0

Linearization and local stability of random dynamical systems
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by Igor V. Evstigneev, Sergey A. Pirogov and Klaus R. Schenk-Hoppé PDF

Proc. Amer. Math. Soc. 139 (2011), 1061-1072 Request permission

Abstract:

The paper examines questions of local asymptotic stability of random dynamical systems. Results concerning stochastic dynamics in general metric spaces, as well as in Banach spaces, are obtained. The results pertaining to Banach spaces are based on the linearization of the systems under study. The general theory is motivated (and illustrated in this paper) by applications in mathematical finance.

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