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We introduce a generalized Dynkin game problem with non linear conditional expectation ${\cal E}$ induced by a Backward Stochastic Differential Equation (BSDE) with jumps. Let $\xi, \zeta$ be two RCLL adapted processes with $\xi \leq…

Probability · Mathematics 2014-10-06 Roxana Dumitrescu , Marie-Claire Quenez , Agnès Sulem

We study a compound Poisson (random time-change) approximation for stochastic differential equations (SDEs) and stochastic Volterra equations whose coefficients may be merely measurable in time and may even exhibit integrable singularities.…

Probability · Mathematics 2026-03-10 Xicheng Zhang , Yuanlong Zhao

In this paper, we investigate a deep learning method for predicting path-dependent processes based on discretely observed historical information. This method is implemented by considering the prediction as a nonparametric regression and…

Machine Learning · Statistics 2024-08-20 Xudong Zheng , Yuecai Han

The rate of strong convergence is investigated for an approximation scheme for a class of stochastic differential equations driven by a time-changed Brownian motion, where the random time changes $(E_t)_{t\ge 0}$ considered include the…

Probability · Mathematics 2020-03-02 Sixian Jin , Kei Kobayashi

This paper shows that penalized backward stochastic differential equation (BSDE), which is often used to approximate and solve the corresponding reflected BSDE, admits both optimal stopping representation and optimal control representation.…

Probability · Mathematics 2015-04-01 Gechun Liang

We propose a new probabilistic numerical scheme for fully nonlinear equation of Hamilton-Jacobi-Bellman (HJB) type associated to stochastic control problem, which is based on the Feynman-Kac representation in [12] by means of control…

Probability · Mathematics 2019-06-28 Idris Kharroubi , Nicolas Langrené , Huyên Pham

This paper extends our previous work to continuous-time optimal stopping, focusing on American options in an exploratory setting. Our first contribution is an entropy-regularized penalization scheme, inspired by classical penalization…

Mathematical Finance · Quantitative Finance 2026-03-04 Daniel Chee , Noufel Frikha , Libo Li

In this paper, we study the backward stochastic differential equation (BSDE) with two nonlinear mean reflections, which means that the constraints are imposed on the distribution of the solution but not on its paths. Based on the backward…

Probability · Mathematics 2023-07-13 Hanwu Li

In this article we extend the exact simulation methods of Beskos et al. to the solutions of one-dimensional stochastic differential equations involving the local time of the unknown process at point zero. In order to perform the method we…

Probability · Mathematics 2013-01-15 Pierre Etore , Miguel Martinez

We determine the processes obtained from a large class of reflected Brownian motions (RBMs) in the nonnegative orthant by means of time reversal. The class of RBMs we deal with includes, but is not limited to, RBMs in the so-called…

Probability · Mathematics 2013-07-18 Mykhaylo Shkolnikov , Ioannis Karatzas

In this paper we study the discrete approximation to Brownian motion with varying dimension (BMVD in abbreviation) introduced in [4] by continuous time random walks on square lattices. The state space of BMVD contains a $2$-dimensional…

Probability · Mathematics 2021-10-26 Shuwen Lou

We address the weak numerical solution of stochastic differential equations driven by independent Brownian motions (SDEs for short). This paper develops a new methodology to design adaptive strategies for determining automatically the…

Probability · Mathematics 2023-02-10 Carlos M. Mora , Juan Carlos Jimenez , Monica Selva

We propose a deep backward regression-based (DBR) scheme for solving high-dimensional nonlinear parabolic partial differential equations. Building on the DBDP method of Hur\'e, Pham, and Warin~\cite{HCPHWX20}, the proposed method…

Numerical Analysis · Mathematics 2026-05-22 Qiang Han , Shaolin Ji , Yunzhang Li

In this paper, we study the solvability of a class of multi-dimensional forward backward stochastic differential equations (FBSDEs) with oblique reflection and unbounded stopping time. Under some mild assumptions on the coefficients in such…

Probability · Mathematics 2012-07-03 Soufiane Aazizi , Imade Fakhouri

In this paper, we investigate the solvability of matrix valued Backward stochastic Riccati equations with jumps (BSREJ), which is associated with a stochastic linear quadratic (SLQ) optimal control problem with random coefficients and…

Optimization and Control · Mathematics 2018-08-28 Fu Zhang , Yuchao Dong , Qingxin Meng

We introduce an explicit, adaptive time-stepping scheme for the simulation of SPDEs with one-sided Lipschitz drift coefficients. Strong convergence rates are proven for the full space-time discretisation with multiplicative trace-class…

Numerical Analysis · Mathematics 2019-08-27 Stuart Campbell , Gabriel Lord

In this paper, we study a collection of mean-reflected backward stochastic differential equations driven by $G$-Brownian motions ($G$-BSDEs), where $G$-expectations are constrained in some time-dependent intervals. To establish…

Probability · Mathematics 2024-07-26 Zihao Gu , Hui Zhao

In this paper we study the asymptotic behavior of a stochastic approximation scheme on two timescales with set-valued drift functions and in the presence of non-additive iterate-dependent Markov noise. It is shown that the recursion on each…

Systems and Control · Computer Science 2016-11-21 Vinayaka Yaji , Shalabh Bhatnagar

The aim of this work is to provide the strong convergence results of numerical approximations of a general second order non-autonomous semilinear stochastic partial differential equation (SPDE) driven simultaneously by an additive…

Numerical Analysis · Mathematics 2024-09-11 Aurelien Junior Noupelah , Jean Daniel Mukam , Antoine Tambue

We consider reflected backward stochastic differential equations with two general optional barriers. The solutions to these equations have the so-called regulated trajectories, i.e trajectories with left and right finite limits. We prove…

Probability · Mathematics 2019-10-10 Tomasz Klimsiak , Maurycy Rzymowski , Leszek Słomiński