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This article deals with the existence and the uniqueness of solutions to quadratic and superquadratic Markovian backward stochastic differential equations (BSDEs for short) with an unbounded terminal condition. Our results are deeply linked…

Probability · Mathematics 2012-04-27 Adrien Richou

In our previous paper [Ekren, Touzi and Zhang (2015)], we introduced a notion of viscosity solutions for fully nonlinear path-dependent PDEs, extending the semilinear case of Ekren et al. [Ann. Probab. 42 (2014) 204-236], which satisfies a…

Probability · Mathematics 2016-09-28 Ibrahim Ekren , Nizar Touzi , Jianfeng Zhang

It is known that Markovian forward-backward stochastic differential equations provide nonlinear Feynman-Kac representation formulae for semilinear parabolic PDEs. We show that non-Markovian forward-backward stochastic differential equations…

Probability · Mathematics 2013-06-19 Andrea Cosso

In this work we introduce a viscosity-based notion of solution for general approximation schemes associated with partial differential equations, such as dynamic programming principles~(DPPs). A key feature of our approach is that it…

Analysis of PDEs · Mathematics 2026-02-11 Félix del Teso , Julio D. Rossi , Jorge Ruiz-Cases

We study a general class of nonlinear second-order variational inequalities with interconnected bilateral obstacles, related to a multiple modes switching game. Under rather weak assumptions, using systems of penalized unilateral backward…

Analysis of PDEs · Mathematics 2012-11-22 Boualem Djehiche , Said Hamadene , Marie Amelie Morlais

We provide a representation formula for viscosity solutions to a class of nonlinear second order parabolic PDE problem involving sublinear operators. This is done through a dynamic programming principle derived from [8]. The formula can be…

Analysis of PDEs · Mathematics 2020-05-14 Marco Pozza

The combination of Monte Carlo methods and deep learning has recently led to efficient algorithms for solving partial differential equations (PDEs) in high dimensions. Related learning problems are often stated as variational formulations…

Machine Learning · Computer Science 2022-08-08 Lorenz Richter , Julius Berner

We study the existence and uniqueness of the stochastic viscosity solutions of fully nonlinear, possibly degenerate, second order stochastic pde with quadratic Hamiltonians associated to a Riemannian geometry. The results are new and extend…

Probability · Mathematics 2016-02-16 Peter K. Friz , Paul Gassiat , Pierre-Louis Lions , Panagiotis E. Souganidis

Our original results are associated to a multitime hybrid game, with two equips of players, based on a multiple integral functional and an m- ow as constraint. The aim of this paper is three-fold: (i) to define the multitime lower or upper…

Analysis of PDEs · Mathematics 2017-03-20 Constantin Udrişte , Ionel Ţevy , Elena-Laura Otobîcu

Partial differential equations (PDEs) are at the heart of many mathematical and scientific advances. While great progress has been made on the theory of PDEs of standard types during the last eight decades, the analysis of nonlinear PDEs of…

Analysis of PDEs · Mathematics 2022-08-16 Gui-Qiang G. Chen

In this paper, we study general mean-field backward stochastic differential equations (BSDEs, for short) with quadratic growth. First, the existence and uniqueness of local and global solutions are proved with some new ideas for a…

Probability · Mathematics 2024-02-02 Tao Hao , Ying Hu , Shanjian Tang , Jiaqiang Wen

The elliptic 2-Hessian equation is a fully nonlinear partial differential equation (PDE) that is related to intrinsic curvature for three dimensional manifolds. We introduce two numerical methods for this PDE: the first is provably…

Numerical Analysis · Mathematics 2016-02-11 Brittany D. Froese , Adam M. Oberman , Tiago Salvador

We propose a new algorithm for solving parabolic partial differential equations (PDEs) and backward stochastic differential equations (BSDEs) in high dimension, by making an analogy between the BSDE and reinforcement learning with the…

Numerical Analysis · Mathematics 2020-07-14 Weinan E , Jiequn Han , Arnulf Jentzen

We consider quasi-variational inequalities (QVIs) with general non-local drivers and related systems of reflected backward stochastic differential equations (BSDEs) in a Brownian filtration. We show existence and uniqueness of viscosity…

Probability · Mathematics 2022-10-06 Magnus Perninge

We propose a new multistep deep learning-based algorithm for the resolution of moderate to high dimensional nonlinear backward stochastic differential equations (BSDEs) and their corresponding parabolic partial differential equations (PDE).…

Numerical Analysis · Mathematics 2023-08-29 Daniel Bussell , Camilo Andrés García-Trillos

In this paper a new class of generalized backward doubly stochastic differential equations is investigated. This class involves an integral with respect to an adapted continuous increasing process. A probabilistic representation for…

Probability · Mathematics 2009-09-29 Brahim Boufoussi , Jan Van Casteren , N. Mrhardy

In this paper, we consider a stochastic decision problem for a system governed by a stochastic differential equation, in which an optimal decision is made in such a way to minimize a vector-valued accumulated cost over a finite-time horizon…

Optimization and Control · Mathematics 2018-01-08 Getachew K. Befekadu

A class of backward doubly stochastic differential equations (BDSDEs in short) with continuous coefficients is studied. We give the comparison theorems, the existence of the maximal solution and the structure of solutions for BDSDEs with…

Probability · Mathematics 2010-06-08 Yufeng Shi , Qingfeng Zhu

We formulate a class of nonlinear {evolution} partial differential equations (PDEs) as linear optimization problems on moments of positive measures supported on infinite-dimensional vector spaces. Using sums of squares (SOS) representations…

Optimization and Control · Mathematics 2023-05-31 Didier Henrion , Maria Infusino , Salma Kuhlmann , Victor Vinnikov

A state-of-the-art deep domain decomposition method (D3M) based on the variational principle is proposed for partial differential equations (PDEs). The solution of PDEs can be formulated as the solution of a constrained optimization…

Machine Learning · Computer Science 2020-04-03 Ke Li , Kejun Tang , Tianfan Wu , Qifeng Liao