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Related papers: BSDEs with nonlinear weak terminal condition

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We deduce conditional $L_p$-estimates for the variation of a solution of a BSDE. Both quadratic and sub-quadratic types of BSDEs are considered, and using the theory of weighted bounded mean oscillation we deduce new tail estimates for the…

Probability · Mathematics 2019-08-02 Stefan Geiss , Juha Ylinen

We study the properties of nonlinear Backward Stochastic Differential Equations (BSDEs) driven by a Brownian motion and a martingale measure associated with a default jump with intensity process $(\lambda_t)$. We give a priori estimates for…

Pricing of Securities · Quantitative Finance 2017-09-04 Roxana Dumitrescu , Marie-Claire Quenez , Agnès Sulem

In this paper, we study the existence and uniqueness of solutions to quadratic Backward Stochastic Differential Equations (QBSDEs for short) with rough driver and square integrable terminal condition. The main idea consists in using both…

Probability · Mathematics 2014-03-13 M'hamed Eddahbi , Abou Sène

We study linear stochastic partial differential equations of parabolic type with non-local in time or mixed in time boundary conditions. The standard Cauchy condition at the terminal time is replaced by a condition that mixes the random…

Probability · Mathematics 2013-08-01 Nikolai Dokuchaev

We deal with backward stochastic differential equations with time delayed generators. In this new type of equations, a generator at time t can depend on the values of a solution in the past, weighted with a time delay function for instance…

Probability · Mathematics 2010-05-27 Łukasz Delong , Peter Imkeller

We analyze an optimal stopping problem with a series of inequality-type and equality-type expectation constraints in a general non-Markovian framework. We show that the optimal stopping problem with expectation constraints (OSEC) in an…

Optimization and Control · Mathematics 2023-02-10 Erhan Bayraktar , Song Yao

In the framework of fractional stochastic calculus, we study the existence and the uniqueness of the solution for a backward stochastic differential equation, formally written as: [{[c]{l}% -dY(t)= f(t,\eta(t),Y(t),Z(t))dt-Z(t)\delta…

Probability · Mathematics 2015-10-30 Lucian Maticiuc , Tianyang Nie

We establish an existence and uniqueness result for a class of multidimensional quadratic backward stochastic differential equations (BSDE). This class is characterized by constraints on some uniform a priori estimate on solutions of a…

Probability · Mathematics 2018-03-12 Jonathan Harter , Adrien Richou

This paper establishes characterization results for dynamic return and star-shaped risk measures induced via backward stochastic differential equations (BSDEs). We first characterize a general family of static star-shaped functionals in a…

Risk Management · Quantitative Finance 2023-07-20 Roger J. A. Laeven , Emanuela Rosazza Gianin , Marco Zullino

We consider partial differential equations (PDEs) characterized by an upper barrier that depends on the solution itself and a fixed lower barrier, while accommodating a non-local driver. First, we show a Feynman-Kac representation for the…

Probability · Mathematics 2024-09-04 Magnus Perninge

This paper studies a class of non$-$Markovian singular stochastic control problems, for which we provide a novel probabilistic representation. The solution of such control problem is proved to identify with the solution of a $Z-$constrained…

Optimization and Control · Mathematics 2018-02-27 Romuald Elie , Ludovic Moreau , Dylan Possamaï

In this paper, we study continuous properties of adapted solutions for backward stochastic differential equations with constraints (CBSDEs in short). Comparing with many existing literatures about this topic, our case is very general in the…

Probability · Mathematics 2014-11-11 Helin Wu , Yong Ren , Feng Hu

Although having been developed for more than two decades, the theory of forward backward stochastic differential equations is still far from complete. In this paper, we take one step back and investigate the formulation of FBSDEs. Motivated…

Probability · Mathematics 2017-12-27 Haiyang Wang , Jianfeng Zhang

We study supersolutions of a backward stochastic differential equation, the control processes of which are constrained to be continuous semimartingales of the form $dZ = {\Delta}dt + {\Gamma}dW$. The generator may depend on the…

Probability · Mathematics 2016-04-20 Gregor Heyne , Michael Kupper , Christoph Mainberger , Ludovic Tangpi

In this paper we study a class of combined regular and singular stochastic control problems that can be expressed as constrained BSDEs. In the Markovian case, this reduces to a characterization through a PDE with gradient constraint. But…

Optimization and Control · Mathematics 2018-01-11 Bruno Bouchard , Patrick Cheridito , Ying Hu

This paper introduces a class of backward stochastic differential equations (BSDEs), whose coefficients not only depend on the value of its solutions of the present but also the past and the future. For a sufficiently small time delay or a…

Probability · Mathematics 2019-02-26 Shiqiu Zheng , Gaofeng Zong

We establish existence and uniqueness for a wide class of Markovian systems of backward stochastic differential equations (BSDE) with quadratic nonlinearities. This class is characterized by an abstract structural assumption on the…

Probability · Mathematics 2017-03-10 Hao Xing , Gordan Žitković

Most previous contributions to BSDEs, and the related theories of nonlinear expectation and dynamic risk measures, have been in the framework of continuous time diffusions or jump diffusions. Using solutions of BSDEs on spaces related to…

Computational Finance · Quantitative Finance 2010-01-14 Samuel N. Cohen , Robert J. Elliott

We study linear backward stochastic partial differential equations of parabolic type with special boundary condition that connect the terminal value of the solution with a functional over the entire past solution. Uniqueness, solvability…

Probability · Mathematics 2013-08-01 Nikolai Dokuchaev

We formulate a notion of doubly reflected BSDE in the case where the barriers $\xi$ and $\zeta$ do not satisfy any regularity assumption and with a general filtration. Under a technical assumption (a Mokobodzki-type condition), we show…

Probability · Mathematics 2018-07-19 Miryana Grigorova , Peter Imkeller , Youssef Ouknine , Marie-Claire Quenez
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