Year: 2026
Type: preprint
Abstract: We study the stochastic differential equation $$d X_t=b(t,X_t)d t+\sqrt{2}d W_t$$ on $\mathbb R^d$, where $b$ is a time-dependent, divergence-free distributional drift of critical Hölder--Besov regularity $-1$, strengthened by an iterated-logarithmic correction. For every initial probability law, we construct a weak solution by smooth approximation and realize the singular drift as an additive functional. The main analytic ingredient is the Schauder estimate with a logarithmic smallness factor. Combined with uniform logarithmic Krylov estimates and a stochastic substitution formula for distributional test functions, this estimate allows us to apply a Zvonkin transformation and prove uniqueness in law among weak solutions satisfying the corresponding Krylov bounds. For solutions starting from deterministic points, we further show that their time-marginal distributions admit densities satisfying two-sided Aronson-type Gaussian estimates.
Source: arXiv (Cornell University)
Authors: Chen, Zikai, Hao, Zimo, Zhang, Xicheng
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
Awards: G1428129756, G6767698131, G8401788687
OpenAlex ID: W7207746411