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In the paper, we introduce the notion of a local regular supermartingale relative to a convex set of equivalent measures and prove for it an optional Doob decomposition in the discrete case. This Theorem is a generalization of the famous…

Probability · Mathematics 2016-01-15 Nicholas Gonchar

We provide a general Doob-Meyer decomposition for $g$-supermartingale systems, which does not require any right-continuity on the system. In particular, it generalizes the Doob-Meyer decomposition of Mertens (1972) for classical…

Probability · Mathematics 2015-07-24 Bruno Bouchard , Dylan Possamaï , Xiaolu Tan

In the paper, we introduce the notion of a local regular supermartingale relative to a convex set of equivalent measures and prove for it the necessary and sufficient conditions of optional Doob decomposition in the discrete case. This…

Mathematical Finance · Quantitative Finance 2016-12-04 N. S. Gonchar

Every submartingale S of class D has a unique Doob-Meyer decomposition S=M+A, where M is a martingale and A is a predictable increasing process starting at 0. We provide a short and elementary prove of the Doob-Meyer decomposition theorem.…

Probability · Mathematics 2010-12-24 Mathias Beiglboeck , Walter Schachermayer , Bezirgen Veliyev

The concept of finitely additive supermartingales, originally due to Bochner, is revived and developed. We exploit it to study measure decompositions over filtered probability spaces and the properties of the associated Dol\'{e}ans-Dade…

Probability · Mathematics 2008-04-21 Gianluca Cassese

In the paper, the martingales and super-martingales relative to a convex set of equivalent measures are systematically studied. The notion of local regular super-martingale relative to a convex set of equivalent measures is introduced and…

Statistical Finance · Quantitative Finance 2018-06-15 Nicholas S. Gonchar

In the theory of progressive enlargements of filtrations, the supermartingale $Z_{t}=\mathbf{P}(g>t\mid \mathcal{F}_{t}) $ associated with an honest time g, and its additive (Doob-Meyer) decomposition, play an essential role. In this paper,…

Probability · Mathematics 2007-08-03 A. Nikeghbali , M. Yor

The Doob convergence theorem implies that the set of divergence of any martingale has measure zero. We prove that, conversely, any $G\_{\delta\sigma}$ subset of the Cantor space with Lebesgue-measure zero can be represented as the set of…

Logic · Mathematics 2015-12-21 Dominique Lecomte , Miroslav Zeleny

We show that for a quantum $L^p$-martingale $(X(t))$, $p>2$, there exists a Doob-Meyer decomposition of the submartingale $(|X(t)|^2)$. A noncommutative counterpart of a classical process continuous with probability one is introduced, and a…

Operator Algebras · Mathematics 2007-05-23 Andrzej Luczak

In this paper, we study a type of reflected BSDE with a constraint and introduce a new kind of nonlinear expectation via BSDE with a constraint and prove the Doob-Meyer decomposition with respect to the super(sub)martingale introduced by…

Probability · Mathematics 2008-12-10 Shige Peng , Mingyu Xu

We prove a version of Rao decomposition for quasi-martingales indexed by a linearly ordered set.

Probability · Mathematics 2012-03-06 Gianluca Cassese

We prove one decomposition theorem of complex Monge-Ampere measures of plurisubharmonic functions in connection with their pluripolar sets.

Complex Variables · Mathematics 2007-05-23 Yang Xing

In this paper, we generalize Conley's fundamental theorem of dynamical systems in Conley index theory. We also conclude the existence of regular index filtration for every Morse decomposition.

Dynamical Systems · Mathematics 2007-05-23 M. R. Razvan

The objective of this paper is to establish the decomposition theorem for supermartingales under the $G$-framework. We first introduce a $g$-nonlinear expectation via a kind of $G$-BSDE and the associated supermartingales. We have shown…

Probability · Mathematics 2020-11-10 Hanwu Li , Shige Peng , Yongsheng Song

Certain countably and finitely additive measures can be associated to a given nonnegative supermartingale. Under weak assumptions on the underlying probability space, existence and (non)uniqueness results for such measures are proven.

Probability · Mathematics 2015-12-23 Nicolas Perkowski , Johannes Ruf

Supermartingales are here defined on a non-probabilistic setting and can be interpreted solely in terms of superhedging operations. The classical expectation operator is replaced by a pair of subadditive operators one of them providing a…

Probability · Mathematics 2023-12-26 C. Bender , S. E. Ferrando , K. Gajewski , A. L. Gonzalez

We present an elementary treatment of the Optional Decomposition Theorem for continuous semimartingales and general filtrations. This treatment does not assume the existence of equivalent local martingale measure(s), only that of strictly…

Probability · Mathematics 2015-02-05 Ioannis Karatzas , Constantinos Kardaras

Using the spectral measure $\mu_\mathbb{S}$ of the stopping time $\mathbb{S},$ we define the stopping element $X_\mathbb{S}$ as a Daniell integral $\int X_t\,d\mu_\mathbb{S}$ for an adapted stochastic process $(X_t)_{t\in J}$ that is a…

Functional Analysis · Mathematics 2020-07-13 Jacobus J. Grobler , Christopher M. Schwanke

We provide a unified approach to a priori estimates for supersolutions of BSDEs in general filtrations, which may not be quasi left-continuous. Unlike the previous related approaches in simpler settings, our results do not only rely on a…

Probability · Mathematics 2022-04-19 Bruno Bouchard , Dylan Possamaï , Xiaolu Tan , Chao Zhou

In this work, we aim to study a strong version of Ito's lemma for convex function. By considering the corresponding sub-martingale on a Brownian motion, we gain more insights about the convex function through a probabilistic viewpoint. The…

Probability · Mathematics 2026-03-24 Minh Nguyen
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