Existence and uniqueness of solutions for the stochastic Volterra-Levin equation with variable delays

Abstract

Abstract The Picard iteration method is used to study the existence and uniqueness of solutions for the stochastic Volterra-Levin equation with variable delays. Several sufficient conditions are specified to ensure that the equation has a unique solution. First, the stochastic Volterra-Levin equation is transformed into an integral equation. Then, to obtain the solution of the integral equation, the successive approximation sequences are constructed, and the existence and uniqueness of solutions for the stochastic Volterra-Levin equation are derived by the convergence of the sequences. Finally, two examples are given to demonstrate the validity of the theoretical results.