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Our purpose is to prove the uniqueness of the representation for $G$-martingales with finite variation.

Probability · Mathematics 2011-01-04 Yongsheng Song

This paper presents the integral(or differential) form of G-BSDEs, gives some kind of apriori estimates of their solutions, and under a very strong condition, proves the G-martingale representation theorem, and the existence and uniqueness…

Probability · Mathematics 2013-03-06 Yulian Fan

In this paper, we study the integral representation of g-expectations with two kinds of terminal constraints, and obtain the corresponding necessary and sufficient conditions.

Probability · Mathematics 2015-02-16 Xiaojuan Li

This paper considers the nonlinear theory of G-martingales as introduced by Peng. A martingale representation theorem for this theory is proved by using the techniques and the results established in an accompanying paper for the second…

Probability · Mathematics 2013-06-18 H. M. Soner , N. Touzi , J. Zhang

In this paper, we address the stochastic representation problem in discrete time under (non-linear) g-expectation. We establish existence and uniqueness of the solution, as well as a characterization of the solution. As an application, we…

Probability · Mathematics 2022-01-21 Miryana Grigorova , Hanwu Li

Consider $\mathbb{G}$ the progressive enlargement of a filtration $\mathbb{F}$ with a random time $\tau$. Assuming that, in $\mathbb{F}$, the martingale representation property holds, we examine conditions under which the martingale…

Probability · Mathematics 2015-05-18 M. Jeanblanc , S. Song

We give a proof of a Martingale Representation Theorem using the methods of nonstandard analysis.

Probability · Mathematics 2018-06-07 Tristram de Piro

Martingale representation theorem for set-valued martingales was proposed by M. Kisielewicz [J. Math. Anal. Appl. 2014]. We shall prove that the result holds only for very special case: the set-valued martingale degenerates to the…

Probability · Mathematics 2020-12-15 Jinping Zhang , Kouji Yano

In this paper we study mean-variance hedging under the G-expectation framework. Our analysis is carried out by exploiting the G-martingale representation theorem and the related probabilistic tools, in a contin- uous financial market with…

Mathematical Finance · Quantitative Finance 2016-08-26 Francesca Biagini , Jacopo Mancin , Thilo Meyer Brandis

We obtain Calder{\'o}n-Zygmund estimates for some degenerate equations of Kolmogorov type with inhomogeneous coefficients. We then derive the well-posedness of the martingale problem associated to related degenerate operators, and therefore…

Probability · Mathematics 2015-09-18 Stephane Menozzi

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

This article extends the work on stochastic constrained heat equation in \cite{brzezniak2020global}. We will show the existence of Martingale solutions to the stochastic-constrained heat equations. The proof is based on compactness,…

Probability · Mathematics 2024-11-08 Javed Hussain , Abdul Fatah , Saeed Ahmed

We formulate and solve the martingale problem in a nonlinear expectation space. Unlike the classical work of Stroock and Varadhan (1969) where the linear operator in the associated PDE is naturally defined from the corresponding diffusion…

Probability · Mathematics 2014-04-01 Xin Guo , Chen Pan , Shige Peng

This paper is concerned with the connection between G-Brownian Motion and analytic functions. We introduce the complex version of sublinear expectation, and then do the stochastic analysis in this framework. Furthermore, the conformal…

Probability · Mathematics 2015-02-11 Huilin Zhang

The integral representation theorem for martingales has been widely used in probability theory. In this work, we propose and prove a general representation theorem for a class of set-valued submartingales. We also extend the stochastic…

Probability · Mathematics 2024-01-08 Luc Tri Tuyen , Vu Thai Luan

We give a theory of sublinear expectations and martingales in discrete time. Without assuming the existence of a dominating probability measure, we derive the extensions of classical results on uniform integrability, optional stopping of…

Probability · Mathematics 2011-04-29 Samuel Cohen , Shaolin Ji , Shige Peng

The paper considers the martingale theory in the $G$-framework. A form of Doob's optional sampling is established, which allows to prove the exact analogue of the classical maximal inequality. The obtained results are used to improve the…

Probability · Mathematics 2012-11-28 Krzysztof Paczka

In this paper we establish a complete representation theorem for $G$-martingales. Unlike the existing results in the literature, we provide the existence and uniqueness of the second order term, which corresponds to the second order…

Probability · Mathematics 2013-01-23 Shige Peng , Yongsheng Song , Jianfeng Zhang

Given a set-valued stochastic process $(V_t)_{t=0}^T$, we say that the martingale selection problem is solvable if there exists an adapted sequence of selectors $\xi_t\in V_t$, admitting an equivalent martingale measure. The aim of this…

Probability · Mathematics 2008-12-02 Dmitry B. Rokhlin

A new technique for proving uniqueness of martingale problems is introduced. The method is illustrated in the context of elliptic diffusions in $R^d$.

Probability · Mathematics 2007-10-04 Richard F. Bass , Edwin A. Perkins
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