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We consider optimal stopping problems with finite-time horizon and state-dependent discounting. The underlying process is a one-dimensional linear diffusion and the gain function is time-homogeneous and difference of two convex functions.…

Probability · Mathematics 2022-01-19 Tiziano De Angelis

We study optimal stopping problems related to the pricing of perpetual American options in an extension of the Black-Merton-Scholes model in which the dividend and volatility rates of the underlying risky asset depend on the running values…

Probability · Mathematics 2014-05-20 Pavel V. Gapeev , Neofytos Rodosthenous

Given $(M,g)$, a compact connected Riemannian manifold of dimension $d \geq 2$, with boundary $\partial M$, we consider an initial boundary value problem for a fractional diffusion equation on $(0,T) \times M$, $T>0$, with time-fractional…

Analysis of PDEs · Mathematics 2016-01-06 Yavar Kian , Lauri Oksanen , Eric Soccorsi , Masahiro Yamamoto

We consider the representation of the value of a class of optimal stopping problems of linear diffusions in a linearized form as an expected supremum of a known function. We establish an explicit integral representation of this representing…

Probability · Mathematics 2017-03-16 Luis H. R. Alvarez E. , Pekka Matomäki

In this paper, we investigate the inverse problem of determining the right-hand side of a subdiffusion equation with a Caputo time derivative, where the right-hand side depends on both time and certain spatial variables. Similar inverse…

Analysis of PDEs · Mathematics 2025-05-08 R. R. Ashurov , O. T. Mukhiddinova

In this work the authors consider an inverse source problem in the following stochastic fractional diffusion equation $$\partial_t^\alpha u(x,t)+\mathcal{A} u(x,t)=f(x)h(t)+g(x) \dot{\mathbb{W}}(t).$$ The interested inverse problem is to…

Analysis of PDEs · Mathematics 2018-10-09 Pingping Niu , Tapio Helin , Zhidong Zhang

In this work, we study an inverse problem of recovering a space-time dependent diffusion coefficient in the subdiffusion model from the distributed observation, where the mathematical model involves a Djrbashian-Caputo fractional derivative…

Numerical Analysis · Mathematics 2022-09-23 Bangti Jin , Zhi Zhou

An initial-boundary value problem for a subdiffusion equation with an elliptic operator $A(D)$ in $\mathbb{R}^N$ is considered. The existence and uniqueness theorems for a solution of this problem are proved by the Fourier method.…

Analysis of PDEs · Mathematics 2020-09-25 A. R. Ashurov , R. T. Zunnunov

We consider an optimal stopping time problem related with many models found in real options problems. The main goal of this work is to bring for the field of real options, different and more realistic pay-off functions, and negative…

Optimization and Control · Mathematics 2017-01-10 Manuel Guerra , Cláudia Nunes , Carlos Oliveira

In this article we study inverse problems of recovering a space-time dependent source component from the lateral boundary observation in a subidffusion model. The mathematical model involves a Djrbashian-Caputo fractional derivative of…

Numerical Analysis · Mathematics 2021-05-19 Bangti Jin , Yavar Kian , Zhi Zhou

Inverse problems of recovering space-dependent parameters, e.g., initial condition, space-dependent source or potential coefficient, in a subdiffusion model from the terminal observation have been extensively studied in recent years.…

Numerical Analysis · Mathematics 2022-10-17 Bangti Jin , Yavar Kian , Zhi Zhou

This paper is devoted to the study of the inverse problem of determining the right-hand side of the subdiffusion equation with the Caputo derivative with respect to time. In our case, the inverse problem consists in restoring the…

Analysis of PDEs · Mathematics 2025-05-20 R. R. Ashurov , O. T. Mukhiddinova

In this paper, we deal with the inverse source problem of determining a source in a time fractional diffusion equation where data are given at a fixed time. This problem is ill-posed, i.e., the solution does not depend continuously on the…

Probability · Mathematics 2016-11-29 Tuan Nguyen Huy , Erkan Nane

We study an inverse problem of the stochastic optimal control of general diffusions with performance index having the quadratic penalty term of the control process. Under mild conditions on the system dynamics, the cost functions, and the…

Optimization and Control · Mathematics 2022-11-17 Yumiharu Nakano

We consider three equilibrium concepts proposed in the literature for time-inconsistent stopping problems, including mild equilibria, weak equilibria and strong equilibria. The discount function is assumed to be log sub-additive and the…

Probability · Mathematics 2022-11-04 Erhan Bayraktar , Zhenhua Wang , Zhou Zhou

In the Hilbert space $H$, the inverse problem of determining the right-hand side of the abstract subdiffusion equation with the fractional Caputo derivative is considered. For the forward problem, a non-local in time condition $u(0)=u(T)$…

Analysis of PDEs · Mathematics 2023-08-11 Ravshan Ashurov , Marjona Shakarova

We study the optimal stopping time problem $v(S)={\rm ess}\sup_{\theta \geq S} E[\phi(\theta)|\mathcal {F}_S]$, for any stopping time $S$, where the reward is given by a family $(\phi(\theta),\theta\in\mathcal{T}_0)$ \emph{of non negative…

Probability · Mathematics 2013-03-01 Magdalena Kobylanski , Marie-Claire Quenez

We consider the problem of stopping a diffusion process with a payoff functional that renders the problem time-inconsistent. We study stopping decisions of naive agents who reoptimize continuously in time, as well as equilibrium strategies…

Mathematical Finance · Quantitative Finance 2021-07-15 Yu-Jui Huang , Adrien Nguyen-Huu , Xun Yu Zhou

We develop a theory for solving continuous time optimal stopping problems for non-linear expectations. Our motivation is to consider problems in which the stopper uses risk measures to evaluate future rewards.

Optimization and Control · Mathematics 2011-01-11 Erhan Bayraktar , Song Yao

This paper deals with an inverse source problem for the $1$D time-fractional diffusion equation by using boundary measurement. The conditional stability in identification of the unknown source term is proved on the basis of the Fourier…

Analysis of PDEs · Mathematics 2016-08-25 Zhiyuan Li