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The aim of this paper is twofold. Firstly, we derive upper and lower non-Gaussian bounds for the densities of the marginal laws of the solutions to backward stochastic differential equations (BSDEs) driven by fractional Brownian motions.…

Probability · Mathematics 2019-11-07 Xiliang Fan , Jiang-Lun Wu

In the first part of the paper, we study reflected backward stochastic differential equations (RBSDEs) with lower obstacle which is assumed to be right upper-semicontinuous but not necessarily right-continuous. We prove existence and…

Probability · Mathematics 2017-05-11 Miryana Grigorova , Peter Imkeller , Elias Offen , Youssef Ouknine , Marie-Claire Quenez

We introduce a new type of reflected backward stochastic differential equations (BSDEs) for which the reflection constraint is imposed on its main solution component, denoted as $Y$ by convention, but in terms of its conditional expectation…

Probability · Mathematics 2022-11-15 Ying Hu , Jianhui Huang , Wenqiang Li

The paper is directly motivated by the pricing of vulnerable European and American options in a general hazard process setup and a related study of the corresponding pre-default backward stochastic differential equations (BSDE) and…

Probability · Mathematics 2022-12-27 Libo Li , Ruyi Liu , Marek Rutkowski

In this paper we develop an $L_2$-theory for stochastic partial differential equations driven by L\'evy processes. The coefficients of the equations are random functions depending on time and space variables, and no smoothness assumption of…

Probability · Mathematics 2010-07-26 Zhen-Qing Chen , Kyeong-Hun Kim

Segregated direct boundary-domain integral equations (BDIEs) based on a parametrix and associated with the Dirichlet and Neumann boundary value problems for the linear stationary diffusion partial differential equation with a variable…

Analysis of PDEs · Mathematics 2017-08-22 Sergey E. Mikhailov

In this paper, we analyze the mean field backward stochastic differential equations (MFBSDEs) with double mean reflections, whose generator and constraints both depend on the distribution of the solution. When the generator is Lipschitz…

Probability · Mathematics 2026-01-12 Hanwu Li , Jin Shi

This paper addresses reflected backward stochastic differential equations (RBSDE hereafter) that take the form of \begin{eqnarray*} \begin{cases} dY_t=f(t,Y_t, Z_t)d(t\wedge\tau)+Z_tdW_t^{\tau}+dM_t-dK_t,\quad Y_{\tau}=\xi, Y\geq…

Probability · Mathematics 2021-07-27 Safa Alsheyab , Tahir Choulli

In this paper we show existence and uniqueness of the solution in viscosity sense for a system of nonlinear $m$ variational integral-partial differential equations with interconnected obstacles whose coefficients $(f_i)_{i=1,\cdots, m}$…

Probability · Mathematics 2015-08-18 Saïd Hamadène , Xuzhe Zhao

In this paper, our primary focus lies in the thorough investigation of a specific category of nonlinear fully coupled forward-backward stochastic differential equations involving time delays and advancements with the incorporation of…

Optimization and Control · Mathematics 2023-10-23 Maozhong Xu , Maoning Tang , Qingxin Meng

Stochastic Differential Equations (SDEs) were originally devised by It\^o to provide a pathwise construction of diffusion processes. A less explored approach to represent them is through Time Change Equations (TCEs) as put forth by Doeblin.…

Probability · Mathematics 2024-03-25 Miriam Ramírez , Gerónimo Uribe Bravo

In this paper, we study existence and uniqueness to multidimensional Reflected Backward Stochastic Differential Equation in an open convex domain, allowing for oblique directions of reflection. In a Markovian framework, combining \emph{a…

Probability · Mathematics 2018-07-18 Jean-François Chassagneux , Adrien Richou

In this paper, we investigate the well-posedness of quadratic backward stochastic differential equations driven by G-Brownian motion (referred to as G-BSDEs) with double mean reflections. By employing a representation of the solution via…

Probability · Mathematics 2025-08-27 Wei He , Qiangjun Tang

In this work the existence of solutions of one-dimensional backward dou- bly stochastic differential equations (BDSDEs in short) where the coefficient is left-Lipschitz in y (may be discontinuous) and Lipschitz in z is studied. Also, the…

Probability · Mathematics 2010-05-17 Qingfeng Zhu , Yufeng Shi

In this paper, we initiate the study of backward doubly stochastic differential equations (BDSDEs, for short) with quadratic growth. The existence, comparison, and stability results for one-dimensional BDSDEs are proved when the generator…

Probability · Mathematics 2022-05-12 Ying Hu , Jiaqiang Wen , Jie Xiong

We consider the following quasi-linear parabolic system of backward partial differential equations: $(\partial_t+L)u+f(\cdot,\cdot,u, \nabla u\sigma)=0$ on $[0,T]\times \mathbb{R}^d\qquad u_T=\phi$, where $L$ is a possibly degenerate second…

Probability · Mathematics 2012-01-17 Rongchan Zhu

In this paper, we study the reflected backward stochastic differential equations driven by G-Brownian motion with two reflecting obstacles, which means that the solution lies between two prescribed processes. A new kind of approximate…

Probability · Mathematics 2019-12-13 Hanwu Li , Yongsheng Song

In this paper, a class of generalized backward doubly stochastic differential equations whose coefficient contains the subdifferential operators of two convex functions (also called generalized backward doubly stochastic variational…

Probability · Mathematics 2011-08-04 Yong Ren , Qing Zhou , Auguste Aman

We study the existence and uniqueness of solutions to stochastic differential equations with Volterra processes driven by L\'evy noise. For this purpose, we study in detail smoothness properties of these processes. Special attention is…

Probability · Mathematics 2020-08-26 Giulia Di Nunno , Yuliya Mishura , Kostiantyn Ralchenko

In this paper, we deal with one dimensional backward doubly stochastic differential equations (BDSDEs) where the coefficient is left Lipschitz in y (may be discontinuous) and uniformly continuous in z. We obtain a generalized comparison…

Probability · Mathematics 2011-05-25 Qian Lin
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