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Going from a scaling approach for birth/death processes, we investigate the scaling limit of solutions to non-Markovian stochastic control problems by studying the convergence of solutions to BSDEs driven a sequence of converging…

Probability · Mathematics 2020-10-06 Paul Jusselin , Thibaut Mastrolia

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 consider a non-Markovian optimal stopping problem on finite horizon. We prove that the value process can be represented by means of a backward stochastic differential equation (BSDE), defined on an enlarged probability space, containing…

Probability · Mathematics 2015-02-20 Marco Fuhrman , Huyên Pham , Federica Zeni

In this paper we study an Ergodic Markovian BSDE involving a forward process $X$ that solves an infinite dimensional forward stochastic evolution equation with multiplicative and possibly degenerate diffusion coefficient. A concavity…

Optimization and Control · Mathematics 2019-10-14 G. Guatteri , G. Tessitore

The paper is concerned with adapted solution of a multi-dimensional BSDE with a "diagonally" quadratic generator, the quadratic part of whose $i$th component only depends on the $i$th row of the second unknown variable. Local and global…

Probability · Mathematics 2014-08-21 Ying Hu , Shanjian Tang

We generalize the primal-dual methodology, which is popular in the pricing of early-exercise options, to a backward dynamic programming equation associated with time discretization schemes of (reflected) backward stochastic differential…

Computational Finance · Quantitative Finance 2021-05-31 Christian Bender , Nikolaus Schweizer , Jia Zhuo

In this paper, we focus on the solvability of a class of fractional backward stochastic differential equations (BSDEs, for short) with delayed generator. In this class of equations, the generator includes not only the values of the…

Probability · Mathematics 2022-12-01 Jiaqiang Wen

We prove the existence and uniqueness of solutions to a class of quadratic BSDE systems which we call triangular quadratic. Our results generalize several existing results about diagonally quadratic BSDEs in the non-Markovian setting. As…

Probability · Mathematics 2023-04-13 Joe Jackson , Gordan Žitković

In this paper we discuss new types of differential equations which we call anticipated backward stochastic differential equations (anticipated BSDEs). In these equations the generator includes not only the values of solutions of the present…

Probability · Mathematics 2014-06-30 Shige Peng , Zhe Yang

We propose a new method for the numerical solution of backward stochastic differential equations (BSDEs) which finds its roots in Fourier analysis. The method consists of an Euler time discretization of the BSDE with certain conditional…

Probability · Mathematics 2015-06-25 Cody Blaine Hyndman , Polynice Oyono Ngou

In this paper, a class of stable explicit $\theta$-schemes are proposed for solving anticipated backward stochastic differential equations (anticipated BSDEs) which generator not only contains the present values of the solutions but also…

Numerical Analysis · Mathematics 2024-09-23 Mingshang Hu , Lianzi Jiang

In this paper, we investigate the Markovian iteration method for solving coupled forward-backward stochastic differential equations (FBSDEs) featuring a fully coupled forward drift, meaning the drift term explicitly depends on both the…

Numerical Analysis · Mathematics 2025-04-04 Zhipeng Huang , Cornelis W. Oosterlee

In this article, we introduce a novel backward method to model stochastic gene expression and protein level dynamics. The protein amount is regarded as a diffusion process and is described by a backward stochastic differential equation…

Biological Physics · Physics 2017-04-05 Evelina Shamarova , Roman Chertovskih , Alexandre F. Ramos , Paulo Aguiar

We present an efficient quantum algorithm for simulating the dynamics of Markovian open quantum systems. The performance of our algorithm is similar to the previous state-of-the-art quantum algorithm, i.e., it scales linearly in evolution…

Quantum Physics · Physics 2023-07-11 Xiantao Li , Chunhao Wang

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

In this paper, we present a backward deep BSDE method applied to Forward Backward Stochastic Differential Equations (FBSDE) with given terminal condition at maturity that time-steps the BSDE backwards. We present an application of this…

Computational Finance · Quantitative Finance 2020-06-16 Yajie Yu , Bernhard Hientzsch , Narayan Ganesan

This paper examines the stochastic maximum principle (SMP) for a forward-backward stochastic control system where the backward state equation is characterized by the backward stochastic differential equation (BSDE) with quadratic growth and…

Optimization and Control · Mathematics 2023-08-22 Shaolin Ji , Rundong Xu

In this paper, we propose a new policy iteration algorithm to compute the value function and the optimal controls of continuous time stochastic control problems. The algorithm relies on successive approximations using linear-quadratic…

Optimization and Control · Mathematics 2024-09-09 Dylan Possamaï , Ludovic Tangpi

The present paper is devoted to the study of diagonally quadratic backward stochastic differential equation with oblique reflection. Using a penalization approach, we show the existence fo a solution by providing some delicated a priori…

Probability · Mathematics 2021-11-17 Peng Luo , Mengbo Zhu

In this paper, we investigate the well-posedness of bounded and unbounded solutions for reflected backward stochastic differential equations (RBSDEs) and backward stochastic differential equations (BSDEs). The generators of these equations…

Probability · Mathematics 2026-04-21 Shiqiu Zheng
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