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Convex Semigroups on Banach Lattices

Author

Listed:
  • Denk, Robert

    (Center for Mathematical Economics, Bielefeld University)

  • Kupper, Michael

    (Center for Mathematical Economics, Bielefeld University)

  • Nendel, Max

    (Center for Mathematical Economics, Bielefeld University)

Abstract

In this paper, we investigate convex semigroups on Banach lattices. First, we consider the case, where the Banach lattice is $\sigma$-Dedekind complete and satisfies a monotone convergence property, having L$^p$--spaces in mind as a typical application. Second, we consider monotone convex semigroups on a Banach lattice, which is a Riesz subspace of a $\sigma$-Dedekind complete Banach lattice, where we consider the space of bounded uniformly continuous functions as a typical example. In both cases, we prove the invariance of a suitable domain for the generator under the semigroup. As a consequence, we obtain the uniqueness of the semigroup in terms of the generator. The results are discussed in several examples such as semilinear heat equations (g-expectation), nonlinear integro-differential equations (uncertain compound Poisson processes), fully nonlinear partial differential equations (uncertain shift semigroup and G-expectation).

Suggested Citation

  • Denk, Robert & Kupper, Michael & Nendel, Max, 2019. "Convex Semigroups on Banach Lattices," Center for Mathematical Economics Working Papers 622, Center for Mathematical Economics, Bielefeld University.
  • Handle: RePEc:bie:wpaper:622
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    File URL: https://pub.uni-bielefeld.de/download/2937258/2937259
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    References listed on IDEAS

    as
    1. Denk, Robert & Kupper, Michael & Nendel, Max, 2020. "A semigroup approach to nonlinear Lévy processes," Stochastic Processes and their Applications, Elsevier, vol. 130(3), pages 1616-1642.
    2. Charalambos D. Aliprantis & Kim C. Border, 2006. "Infinite Dimensional Analysis," Springer Books, Springer, edition 0, number 978-3-540-29587-7, December.
    3. Nendel, Max & Röckner, Michael, 2019. "Upper Envelopes of Families of Feller Semigroups and Viscosity Solutions to a Class of Nonlinear Cauchy Problems," Center for Mathematical Economics Working Papers 618, Center for Mathematical Economics, Bielefeld University.
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