English

Convergence of the Deep BSDE method for FBSDEs with non-Lipschitz coefficients

Probability 2022-01-19 v2 Numerical Analysis Numerical Analysis Optimization and Control

Abstract

This paper is dedicated to solving high-dimensional coupled FBSDEs with non-Lipschitz diffusion coefficients numerically. Under mild conditions, we provided a posterior estimate of the numerical solution that holds for any time duration. This posterior estimate validates the convergence of the recently proposed Deep BSDE method. In addition, we developed a numerical scheme based on the Deep BSDE method and presented numerical examples in financial markets to demonstrate the high performance.

Keywords

Cite

@article{arxiv.2101.01869,
  title  = {Convergence of the Deep BSDE method for FBSDEs with non-Lipschitz coefficients},
  author = {Yifan Jiang and Jinfeng Li},
  journal= {arXiv preprint arXiv:2101.01869},
  year   = {2022}
}

Comments

19 pages, 2 figures