Banach fixed point and flow approach for rough analysis

Abstract

In this paper, we show that the main algebraic assumption required to perform a fixed point argument for rough differential equations implies the algebraic assumption for the Bailleul flow approach. This assumption requires that the rough path associated with the equation is given by a Hopf algebra whose coproduct admits a cocycle and has a tree-like basis. We show that the Hopf algebra of multi-indices does not satisfy the cocycle condition. This is a rigorous result on the impossibility, observed in practice, of performing a fixed point argument for multi-indices rough paths and multi-indices in Regularity Structures.