English

Ergodic distribution dependent BSDE and application to long-time behavior of finite horizon distribution dependent BSDE

Probability 2025-12-01 v1

Abstract

After proving existence and uniqueness of ergodic distribution dependent backward stochastic differential equations (BSDEs) under strong and weak dissipativity regimes for the underlying McKean--Vlasov SDE, we leverage this new framework to investigate the long-time behavior of distribution dependent BSDEs on a finite-time horizon. Finally, we apply our results to solve an ergodic McKean--Vlasov stochastic control problem and study the long-time behavior of the value function of a finite-horizon McKean--Vlasov stochastic control problem.

Keywords

Cite

@article{arxiv.2511.22192,
  title  = {Ergodic distribution dependent BSDE and application to long-time behavior of finite horizon distribution dependent BSDE},
  author = {Kaplan Desbouis and Adrien Richou},
  journal= {arXiv preprint arXiv:2511.22192},
  year   = {2025}
}