English

On existence and uniqueness of solutions to uncertain backward stochastic differential equations

Probability 2014-01-30 v1

Abstract

This paper is concerned with a class of uncertain backward stochastic differential equations (UBSDEs) driven by both an mm-dimensional Brownian motion and a dd-dimensional canonical process with uniform Lipschitzian coefficients. Such equations can be useful in modelling hybrid systems, where the phenomena are simultaneously subjected to two kinds of uncertainties: randomness and uncertainty. The solutions of UBSDEs are the uncertain stochastic processes. Thus, the existence and uniqueness of solutions to UBSDEs with Lipschitzian coefficients are proved.

Keywords

Cite

@article{arxiv.1401.7403,
  title  = {On existence and uniqueness of solutions to uncertain backward stochastic differential equations},
  author = {Weiyin Fei},
  journal= {arXiv preprint arXiv:1401.7403},
  year   = {2014}
}