Continuity of the Itô-map for Hölder Rough Paths with Applications to the Support Theorem in Hölder Norm

نویسنده

  • PETER K. FRIZ
چکیده

Rough Path theory is currently formulated in pvariation topology. We show that in the context of Brownian motion, enhanced to a Rough Path, a more natural Hölder metric ρ can be used. Based on fine-estimates in Lyons’ celebrated Universal Limit Theorem we obtain Lipschitz-continuity of the Itô-map (between Rough Path spaces equipped with ρ). We then consider a number of approximations to Brownian Rough Paths and establish their convergence w.r.t. ρ. In combination with our Hölder ULT this allows sharper results than the p-variation theory. Also, our formulation avoids the so-called control functions and may be easier to use for non Rough Path specialists. As concrete application, we combine our results with ideas from [MS] and [LQZ] and obtain the Stroock-Varadhan Support Theorem in Hölder topology as immediate corollary.

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تاریخ انتشار 2008