Invariant cones for jump-diffusions in infinite dimensions

Abstract

In this paper we provide sufficient conditions for stochastic invariance of closed convex cones for stochastic partial differential equations (SPDEs) of jump-diffusion type, and clarify when these conditions are necessary. Our results apply to the positive cone of abstract L2-spaces. Furthermore, we present a series of applications, where we investigate SPDEs arising in natural sciences and economics.

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