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In this paper we introduce a variant of Burkholder's martingale transform associated with two martingales with respect to different filtrations. Even though the classical martingale techniques cannot be applied, we show that the discussed…

Probability · Mathematics 2015-02-24 Vjekoslav Kovač , Kristina Ana Škreb

In this paper we study the problem of characterizing and computing the nonanticipative rate distortion function (NRDF) for partially observable multivariate Gauss-Markov processes with hard mean squared error (MSE) distortion constraints.…

Information Theory · Computer Science 2021-10-22 Photios A. Stavrou , Mikael Skoglund

We give local and global existence and uniqueness results for systems of coupled FBSDEs in the multidimensional setting and with generators allowed to grow arbitrarily fast in the control variable. Our results are based on Malliavin…

Probability · Mathematics 2016-12-12 Michael Kupper , Peng Luo , Ludovic Tangpi

We prove that for any martingale with respect to a biparameter atomic filtration satisfying $(F_4)$ condition there is a martingale having the same joint distribution but with respect to the canonical $(F_4)$ filtration. Even in one…

Probability · Mathematics 2020-11-23 Maciej Rzeszut , Bartosz Trojan

This article deals with the numerical resolution of Markovian backward stochastic differential equations (BSDEs) with drivers of quadratic growth with respect to $z$ and bounded terminal conditions. We first show some bound estimates on the…

Probability · Mathematics 2012-01-10 Adrien Richou

We introduce a domination argument which asserts that: if we can dominate theparameters of a quadratic backward stochastic differential equation (QBSDE) with continuousgenerator from above and from below by those of two BSDEs having ordered…

Probability · Mathematics 2019-03-28 Khaled Bahlali

In this paper, we aim at characterizing generalized functionals of discrete-time normal martingales. Let $M=(M_n)_{n\in \mathbb{N}}$ be a discrete-time normal martingale that has the chaotic representation property. We first construct…

Probability · Mathematics 2015-04-21 Caishi Wang , Jinshu Chen

In the present paper we address stochastic optimal control problems for a step process $(X,\mathbb{F})$ under a progressive enlargement of the filtration. The global information is obtained adding to the reference filtration $\mathbb{F}$…

Probability · Mathematics 2021-12-28 Elena Bandini , Fulvia Confortola , Paolo Di Tella

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 discuss the application of the Discrete Variable Representation to Schr\"odinger problems which involve singular Hamiltonians. Unlike recent authors who invoke transformations to rid the eigenvalue equation of singularities at the cost…

Chemical Physics · Physics 2007-05-23 Barry I. Schneider , Nicolai Nygaard

We show that, under certain smoothness conditions, a Brownian martingale, when evaluated at a fixed time, can be represented via an exponential formula at a later time. The time-dependent generator of this exponential operator only depends…

Probability · Mathematics 2015-10-27 Sixian Jin , Qidi Peng , Henry Schellhorn

We prove existence and uniqueness of the reflected backward stochastic differential equation's (RBSDE) solution with a lower obstacle which is assumed to be right upper-semicontinuous but not necessarily right-continuous in a filtration…

Probability · Mathematics 2018-12-20 Brahim Baadi , Youssef Ouknine

We consider a filtration $\mathbb{G}$ obtained as enlargement of a filtration $\mathbb{F}$ by a filtration $\mathbb{H}$. We assume that all $\mathbb{F}$-local martingales are represented by a martingale $M$ and all $\mathbb{H}$-local…

Probability · Mathematics 2024-11-25 Antonella Calzolari , Barbara Torti

The purpose of this paper is to investigate general mean-field backward stochastic differential equations (MFBSDEs) in multi-dimension with diagonally quadratic generators $f(\omega,t,y,z,\mu)$, that is, the coefficients depend not only on…

Probability · Mathematics 2023-10-24 Weimin Jiang , Juan Li , Qingmeng Wei

We give sufficient conditions on the underlying filtration such that all totally inaccessible stopping times have compensators which are absolutely continuous. If a semimartingale, strong Markov process X has a representation as a solution…

Probability · Mathematics 2010-05-19 Svante Janson , Sokhna M'Baye , Philip Protter

We study stochastic delay differential equations (SDDE) where the coefficients depend on the moving averages of the state process. As a first contribution, we provide sufficient conditions under which a linear path functional of the…

Probability · Mathematics 2013-10-17 Salvatore Federico , Peter Tankov

We prove that minimizers of variational integrals $$ \mathcal E(v)=\int_\Omega f(v)\quad\text{for }v\in\mathcal M(\Omega)\text{ such that } \mathscr{A} v=0, $$ are partially continuous provided that the integrands $f$ are strongly…

Analysis of PDEs · Mathematics 2026-04-10 Christopher Irving , Zhuolin Li , Bogdan Raiţă

We consider systems of stochastic differential equations of the form \[ \d X_t^i = \sum_{j=1}^d A_{ij}(X_{t-}) \d Z_t^j\] for $i=1,\dots,d$ with continuous, bounded and non-degenerate coefficients. Here $Z_t^1,\dots,Z_t^d$ are independent…

Probability · Mathematics 2019-10-11 Jamil Chaker

We prove the existence of the unique solution of a general Backward Stochastic Differential Equation with quadratic growth driven by martingales. Some kind of comparison theorem is also proved.

Probability · Mathematics 2008-06-02 Revaz Tevzadze

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
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