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In this work, we introduce a new Skorokhod problem with two reflecting barriers when the trajectories of the driven process and the barriers are right and left limited. We show that this problem has an explicit unique solution in a…

Probability · Mathematics 2022-02-28 Astrid Hilbert , Imane Jarni , Youssef Ouknine

In this paper, we consider the backward stochastic differential equation (BSDE) with generator $f(y)|z|^2,$ where the function $f$ is defined on an open interval $D$ and locally integrable. The existence and uniqueness of bounded solutions…

Probability · Mathematics 2021-03-04 Shiqiu Zheng , Lidong Zhang , Lichao Feng

In this paper, we consider a class of backward doubly stochastic differential equations (BDSDE for short) with general terminal value and general random generator. Those BDSDEs do not involve any forward diffusion processes. By using the…

Probability · Mathematics 2017-02-06 Yaozhong Hu , David Nualart , Xiaoming Song

We consider a class of reflected backward doubly stochastic differential equations with time delayed generator (in short RBDSDE with time delayed generator), in this case generator at time $t$ can depend on the values of a solution in the…

Probability · Mathematics 2017-03-31 Badreddine Mansouri , Imen Salhi , Lazhar Tamer

We first study an optimal stopping problem in which a player (an agent) uses a discrete stopping time in order to stop optimally a payoff process whose risk is evaluated by a (non-linear) $g$-expectation. We then consider a non-zero-sum…

Probability · Mathematics 2017-05-11 Miryana Grigorova , Marie-Claire Quenez

Machine learning for partial differential equations (PDEs) is a hot topic. In this paper we introduce and analyse a Deep BSDE scheme for nonlinear integro-PDEs with unbounded nonlocal operators -problems arising in e.g. stochastic control…

Analysis of PDEs · Mathematics 2024-07-15 Espen Robstad Jakobsen , Sehail Mazid

We deal with reflected solutions of anticipated backward doubly stochastic differential equations (RABDSDEs) driven by Teugels martingales associated with L\'evy process under a Lipschitz generator where the coefficients of these BDSDEs…

Probability · Mathematics 2017-03-28 Badreddine Mansouri , Mostapha abd el ouahab Saouli

In this Note, assuming that the generator is uniform Lipschitz in the unknown variables, we relate the solution of a one dimensional backward stochastic differential equation with the value process of a stochastic differential game. Under a…

Probability · Mathematics 2007-05-23 Shanjian Tang

This article deals with the starting and stopping problem under Knightian uncertainty, i.e., roughly speaking, when the probability under which the future evolves is not exactly known. We show that the lower price of a plant submitted to…

Probability · Mathematics 2007-10-05 Said Hamadene , Jianfeng Zhang

In this paper, we study the reflected backward stochastic differential equations driven by G-Brownian motion with two reflecting obstacles, which means that the solution lies between two prescribed processes. A new kind of approximate…

Probability · Mathematics 2019-12-13 Hanwu Li , Yongsheng Song

In that paper, we provide a new characterization of the solutions of specific reflected backward stochastic differential equations (or RBSDEs) whose driver $g$ is convex and has quadratic growth in its second variable: this is done by…

Pricing of Securities · Quantitative Finance 2008-12-02 Marie-Amelie Morlais

A multi-player competitive Dynkin stopping game is constructed. Each player can either exit the game for a fixed payoff, determined a priori, or stay and receive an adjusted payoff depending on the decision of other players. The single…

Computer Science and Game Theory · Computer Science 2012-11-20 Ivan Guo

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

In this article we study the existence and the uniqueness of a solution for reflected backward stochastic differential equations in the case when the generator is logarithmic growth in the $z$-variable $(|z|\sqrt{|\ln(|z|)|})$, the terminal…

Probability · Mathematics 2022-02-15 Brahim El Asri , Khalid Oufdil

In this paper, we introduce a new type of backward stochastic differential equations (BSDEs) with infinite anticipation, where the generator depends on the entire future values of the solution in infinite horizon. We show that the new BSDEs…

Probability · Mathematics 2025-11-20 Guanwei Cheng , Shuzhen Yang

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

In this paper, we study a type of reflected BSDE with a constraint and introduce a new kind of nonlinear expectation via BSDE with a constraint and prove the Doob-Meyer decomposition with respect to the super(sub)martingale introduced by…

Probability · Mathematics 2008-12-10 Shige Peng , Mingyu Xu

This paper uses recent results on continuous-time finite-horizon optimal switching problems with negative switching costs to prove the existence of a saddle point in an optimal stopping (Dynkin) game. Sufficient conditions for the game's…

Optimization and Control · Mathematics 2018-06-05 Randall Martyr

In this paper, we investigate reflected backward stochastic differential equations driven by rough paths (rough RBSDEs), which can be viewed as probabilistic representations of nonlinear rough partial differential equations (rough PDEs) or…

Probability · Mathematics 2025-01-07 Hanwu Li , Huilin Zhang , Kuan Zhang

In this paper, we introduce a new type of backward stochastic differential equations (BSDEs), called conditional expectation BSDEs, whose drivers depend not only on the value of the solutions but also on their conditional expectations with…

Probability · Mathematics 2026-04-27 Hanwu Li