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In this paper, we study the well-posedness of the Forward-Backward Stochastic Differential Equations (FBSDE) in a general non-Markovian framework. The main purpose is to find a unified scheme which combines all existing methodology in the…

Probability · Mathematics 2015-06-30 Jin Ma , Zhen Wu , Detao Zhang , Jianfeng Zhang

In this paper, we study a class of reflected backward stochastic differential equations (BSDEs) of mean-field type, where the mean-field interaction in terms of the distribution of the $Y$-component of the solution enters in both the driver…

Probability · Mathematics 2019-11-15 Boualem Djehiche , Romuald Elie , Said Hamadène

In this paper, we study the multi-dimensional backward stochastic differential equations (BSDEs) whose generator depends also on the mean of both variables. When the generator is diagonally quadratic, we prove that the BSDE admits a unique…

Probability · Mathematics 2023-03-31 Shanjian Tang , Guang Yang

This paper introduces a class of backward stochastic differential equations (BSDEs), whose coefficients not only depend on the value of its solutions of the present but also the past and the future. For a sufficiently small time delay or a…

Probability · Mathematics 2019-02-26 Shiqiu Zheng , Gaofeng Zong

This paper is dedicated to the presentation and the analysis of a numerical scheme for forward-backward SDEs of the McKean-Vlasov type, or equivalently for solutions to PDEs on the Wasserstein space. Because of the mean field structure of…

Probability · Mathematics 2017-03-07 Jean-François Chassagneux , Dan Crisan , François Delarue

The present paper is devoted to the study of the well-posedness of mean field BSDEs with mean reflection and nonlinear resistance. By the contraction mapping argument, we first prove that the mean-field BSDE with mean reflection and…

Probability · Mathematics 2023-02-21 Peng Luo

The paper concerns classical solution of path-dependent partial differential equations (PPDEs) with coefficients depending on both variables of path and path-valued measure, which are crucial to understanding large-scale mean-field…

Probability · Mathematics 2024-07-26 Shanjian Tang , Huilin Zhang

In this paper, we consider a system of forward-backward stochastic differential equations (FBSDEs) with monotone functionals. We show the existence and uniqueness of such a system by the method of continuation similarly to Peng and Wu…

Probability · Mathematics 2018-08-07 Saran Ahuja , Weiluo Ren , Tzu-Wei Yang

Mean-field backward stochastic Volterra integral equations (MF-BSVIEs, for short) are introduced and studied. Well-posedness of MF-BSVIEs in the sense of introduced adapted M-solutions is established. Two duality principles between linear…

Probability · Mathematics 2011-07-06 Yufeng Shi , Tianxiao Wang , Jiongmin Yong

In this paper, we consider the backward stochastic differential equation (BSDE) with generator $f(y)|z|^2,$ where the function $f$ is defined on an open interval $D$ and locally integrable. The existence and uniqueness of bounded solutions…

Probability · Mathematics 2021-03-04 Shiqiu Zheng , Lidong Zhang , Lichao Feng

This paper extends the results of Ma, Wu, Zhang, Zhang [11] to the context of path-dependent multidimensional forward-backward stochastic differential equations (FBSDE). By path-dependent we mean that the coefficients of the…

Probability · Mathematics 2022-01-14 Kaitong Hu , Zhenjie Ren , Nizar Touzi

In this article, we introduce a novel backward method to model stochastic gene expression and protein level dynamics. The protein amount is regarded as a diffusion process and is described by a backward stochastic differential equation…

Biological Physics · Physics 2017-04-05 Evelina Shamarova , Roman Chertovskih , Alexandre F. Ramos , Paulo Aguiar

This paper is concerned with the existence and uniqueness of weak solutions to the Cauchy-Dirichlet problem of backward stochastic partial differential equations (BSPDEs) with nonhomogeneous terms of quadratic growth in both the gradient of…

Probability · Mathematics 2012-07-24 Kai Du , Shaokuan Chen

In this paper we present a unified approach to establish gradient type formulas and Bismut type formulas for backward stochastic differential equations (BSDEs). This approach relies on a mix of derivative formulas with respect to the…

Probability · Mathematics 2021-03-12 Xiliang Fan , Michael Röckner , Shao-Qin Zhang

In this paper, by introducing a new notion of envelope of the stochastic process, we construct a family of random differential equations whose solutions can be viewed as solutions of a family of ordinary differential equations and prove…

Probability · Mathematics 2015-08-28 Min Li , Yufeng Shi

In this paper backward stochastic differential equations with interaction (shorter BSDEs with interaction) are introduced. Far to our knowledge, this type of equation is not seen in the literature before. Existence and uniqueness result for…

Probability · Mathematics 2022-12-29 Jasmina Đorđević , Andrey Dorogovtsev

In this paper we study the class of backward doubly stochastic differential equations (BDSDEs, for short) whose terminal value depends on the history of forward diffusion. We first establish a probabilistic representation for the spatial…

Probability · Mathematics 2008-11-12 Auguste Aman

Backward Stochastic Differential Equations (BSDEs) have been widely employed in various areas of social and natural sciences, such as the pricing and hedging of financial derivatives, stochastic optimal control problems, optimal stopping…

Numerical Analysis · Mathematics 2023-04-10 Jared Chessari , Reiichiro Kawai , Yuji Shinozaki , Toshihiro Yamada

Backward stochastic differential equation (BSDE)-based deep learning methods provide an alternative to Physics-Informed Neural Networks (PINNs) for solving high-dimensional partial differential equations (PDEs), offering potential…

Machine Learning · Computer Science 2026-01-15 Sungje Park , Stephen Tu

The paper studies a multi-dimensional mean-field reflected backward stochastic differential equation (MF-RBSDE) with a reflection constraint depending on both the value process $Y$ and its distribution $[Y]$. We establish the existence,…

Probability · Mathematics 2023-09-20 Ruisen Qian