816 CHAPTER 30. CONTINUOUS STOCHASTIC PROCESSES

≤C2nγ (∥Y −Xn∥∞+Mn+1)

Denote by Pn the ordered pairs (s, t) satisfying the above condition that

0≤ s < t ≤ T, |t− s| ∈[2−(n+1)T,2−nT

]and also

sup(s,t)∈Pn

∥Y (t)−Y (s)∥(t− s)γ ≤C2nγ (∥Y −Xn∥∞

+Mn+1)

Note that the union of the Pn pertains to all (s, t) with |t− s| ≤ T/2. If |t− s| > T/2,then E

(∥Y (t)−Y (s)∥|t−s|γ

)≤( 2

T

)γ2∥Y∥L1(Ω;C([0,T ];E)) so the desired condition holds and we can

ignore this case.Thus for a.e. ω, and for all n,(

sup(s,t)∈Pn

∥Y (t)−Y (s)∥(t− s)γ

≤C∞

∑k=0

2kαγ(∥Y −Xk∥α

∞+Mα

k+1)

Note that n is arbitrary. Hence

sup0≤s<t≤T

(∥Y (t)−Y (s)∥

(t− s)γ

supn

sup(s,t)∈Pn

(∥Y (t)−Y (s)∥

(t− s)γ

≤ supn

(sup

(s,t)∈Pn

∥Y (t)−Y (s)∥(t− s)γ

≤∞

∑k=0

C2kαγ(∥Y −Xk∥α

∞+Mα

k+1)

By continuity of Y, the result on the left is unchanged if the ordered pairs are restricted tolie in Q∩ [0,T ]×Q∩ [0,T ] , a countable set. Thus the left side is measurable. It followsfrom 30.13 and 30.15 which say

∥Y −Xk∥Lα (Ω;C([0,T ],E)) ≤C(

2(β/α))−k

, E (Mαk )≤C2−kβ

that

E(

sup0≤s<t≤T

(∥Y (t)−Y (s)∥

(t− s)γ

)α)≤

∑k=0

C2kαγ 2−βk ≡C < ∞

because αγ−β < 0. By continuity of Y, there are no measurability concerns in taking theabove expectation. Note that this implies, since α ≥ 1,

E(

sup0≤s<t≤T

∥Y (t)−Y (s)∥(t− s)γ

)≤

(E(

sup0≤s<t≤T

(∥Y (t)−Y (s)∥

(t− s)γ

)α))1/α

≤ C1/α ≡C

Now

P(

sup0≤s<t≤T

(∥Y (t)−Y (s)∥

(t− s)γ

> 2αk)≤ 1

2αk C

816 CHAPTER 30. CONTINUOUS STOCHASTIC PROCESSES< C2" (|¥ —Xallec + Must)Denote by P, the ordered pairs (s,t) satisfying the above condition thatO<s<t<T,|t—sle 2Pr,2-"7]__ vO -YOIIY(t)—Y(ssup 4 < €2"7(||¥ — Xl. + Mn)(s,t)€P, (t—s)Note that the union of the P, pertains to all (s,t) with |t—s| < 7/2. If |f—s| > 7/2,then E (mol) < (2)"2 IIY llz1(@:c([0,7);2)) $0 the desired condition holds and we canignore this case.Thus for a.e. @, and for all n,aY(t)-Y(s —sup | (t) (s)I <cy 27 (vy —X, |Z + Me)(s,t)€Pn (t—s) k=0Note that 7 is arbitrary. Hencesup (WO=ro)* <O<s<t<T (t— s)”¥(t)—¥(s)|| \"“( sup | on) yt)n (8,t)€Pan=so}n=ao)a=Ta~~|~<i —NoNSis}/\IAYY c2'? (|¥ — Xe |Z + MZ.)k=0By continuity of Y, the result on the left is unchanged if the ordered pairs are restricted tolie in QN[0,T] x QN [0,7], a countable set. Thus the left side is measurable. It followsfrom 30.13 and 30.15 which say—kIY — Xellreca:c(jo,r).z)) © (2'6/@) , E(Mg) < c2-*PB( sup (Hoatel\") < Yolen hacceO<s<t<T (t— s)”because w@y— B <0. By continuity of Y, there are no measurability concerns in taking theabove expectation. Note that this implies, since a > 1,(coat) = (eae, (raety))"< C/“=cC(an, (=A) =) akethatNow