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In this note we prove existence of a solution to a system of Markovian BSDEs with interconnected obstacles. A key feature of our system, and the main novelty of this paper, is that we allow for the driver $f_i$ of the $i$-th component of…

Probability · Mathematics 2017-10-09 Tiziano De Angelis , Giorgio Ferrari , Saïd Hamadène

We prove well-posedness results for backward stochastic differential equations (BSDEs) and reflected BSDEs with an optional obstacle process in the case of appropriately weighted $\mathbb{L}^2$-data when the generator is integrated with…

Probability · Mathematics 2024-12-13 Dylan Possamaï , Marco Rodrigues

This paper is devoted to obtaining a wellposedness result for multidimensional BSDEs with possibly unbounded random time horizon and driven by a general martingale in a filtration only assumed to satisfy the usual hypotheses, i.e. the…

Probability · Mathematics 2022-06-06 Antonis Papapantoleon , Dylan Possamaï , Alexandros Saplaouras

A version of the fundamental mean-square convergence theorem is proved for stochastic differential equations (SDE) which coefficients are allowed to grow polynomially at infinity and which satisfy a one-sided Lipschitz condition. The…

Numerical Analysis · Mathematics 2013-11-26 M. V. Tretyakov , Z. Zhang

We consider BSDEs with two reflecting irregular barriers. We give necessary and sufficient conditions for existence and uniqueness of $\mathbb{L}^{p}$ solutions for equations with generators monotone with respect to $y$ and Lipschitz…

Probability · Mathematics 2018-10-09 Tomasz Klimsiak

We are interested on reflected advanced backward stochastic differential equations (RABSDE) with default. By the predictable representation property and for a Lipschitz driver, we show that the RABSDE with default has a unique solution in…

Optimization and Control · Mathematics 2018-03-21 N. Agram , S. Labed , B. Mansouri , M. A. Saouli

We establish weak well-posedness for critical symmetric stable driven SDEs in R d with additive noise Z, d $\ge$ 1. Namely, we study the case where the stable index of the driving process Z is $\alpha$ = 1 which exactly corresponds to the…

Probability · Mathematics 2020-01-14 Paul-Eric Chaudru de Raynal , Stephane Menozzi , Enrico Priola

A new class of generalized backward doubly stochastic differential equations (GBDSDEs in short) driven by Teugels martingales associated with L\'evy process are investigated. We establish a comparison theorem which allows us to derive an…

Probability · Mathematics 2011-08-04 Auguste Aman , Jean Marc Owo

We provide a novel characterization of the solutions of a quadratic BSDE, which is analogous to the characterization of local martingales by convex functions. We then use our main result to show that BSDE solutions are closed under ucp…

Probability · Mathematics 2022-03-01 Joseph Jackson , Gordan Žitković

We establish several existence, uniqueness and comparison results for $L^1$ solutions of non-reflected BSDEs and reflected BSDEs with one and two continuous barriers under the assumption that the generator $g$ satisfies a one-sided Osgood…

Probability · Mathematics 2017-06-06 ShengJun Fan

We prove the existence and uniqueness of the solution of a BSDE with time-delayed generators in the small delay setting (or equivalently small Lipschitz constant), which employs the Stieltjes integral with respect to an increasing…

Probability · Mathematics 2025-11-26 Luca Di Persio , Matteo Garbelli , Lucian Maticiuc , Adrian Zălinescu

We study a stochastic optimal control problem for forward-backward control systems with quadratic generators. In order to establish the first and second-order variational and adjoint equations, we obtain a new estimate for one-dimensional…

Optimization and Control · Mathematics 2021-07-06 Mingshang Hu , Shaolin Ji , Rundong Xu

In this paper, we study one-dimensional backward stochastic differential equation (BSDE, for short), whose coefficient $f$ is Lipschitz in $y$ but only continuous in $z$. In addition, if the terminal condition $\xi$ has bounded Malliavin…

Probability · Mathematics 2022-08-09 Yufeng Shi , Zhi Yang

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

We study the quantitative stability of the solutions to Markovian quadratic reflected BSDEs with bounded terminal data. By virtue of BMO martingale and change of measure techniques, we obtain stability estimates for the variation of the…

Probability · Mathematics 2022-03-08 Dingqian Sun , Gechun Liang , Shanjian Tang

The paper concerns the necessary maximum principle for robust optimal control problems of quadratic BSDEs. The coefficient of the systems depends on the parameter $\theta$, and the generator of BSDEs is of quadratic growth in $z$. Since the…

Optimization and Control · Mathematics 2024-01-17 Tao Hao , Jiaqiang Wen , Qi Zhang

The BMO martingale theory is extensively used to study nonlinear multi-dimensional stochastic equations (SEs) in $\cR^p$ ($p\in [1, \infty)$) and backward stochastic differential equations (BSDEs) in $\cR^p\times \cH^p$ ($p\in (1, \infty)$)…

Probability · Mathematics 2008-01-24 Freddy Delbaen , Shanjian Tang

In this paper, we study multi-dimensional reflected backward stochastic differential equations with diagonally quadratic generators. Using the comparison theorem for diagonally quadratic BSDEs which is established recently in [14], we…

Probability · Mathematics 2021-11-16 Yuyang Chen , Peng Luo

The theory of Forward-Backward Stochastic Differential Equations (FBSDEs) paves a way to probabilistic numerical methods for nonlinear parabolic PDEs. The majority of the results on the numerical methods for FBSDEs relies on the global…

Probability · Mathematics 2016-07-25 Arnaud Lionnet , Gonçalo dos Reis , Lukasz Szpruch

We prove some new results on reflected BSDEs and doubly reflected BSDEs driven by a multi-dimensional RCLL martingale. The goal is to develop a general multi-asset framework encompassing a wide spectrum of nonlinear financial models,…

Probability · Mathematics 2021-03-17 Tianyang Nie , Marek Rutkowski