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We consider Backward Stochastic Differential Equations (BSDE) with generators that grow quadratically in the control variable. In a more abstract setting, we first allow both the terminal condition and the generator to depend on a vector…

Probability · Mathematics 2010-04-14 Stefan Ankirchner , Peter Imkeller , Goncalo Dos Reis

Boolean Delay Equations (BDEs) are semi-discrete dynamical models with Boolean-valued variables that evolve in continuous time. Systems of BDEs can be classified into conservative or dissipative, in a manner that parallels the…

Cellular Automata and Lattice Gases · Physics 2015-06-26 Michael Ghil , Ilya Zaliapin , Barbara Coluzzi

In this paper, we study a class of reflected backward stochastic differential equations (BSDEs) of mean-field type, where the mean-field interaction in terms of the distribution of the $Y$-component of the solution enters in both the driver…

Probability · Mathematics 2019-11-15 Boualem Djehiche , Romuald Elie , Said Hamadène

In the first part of the paper, we study reflected backward stochastic differential equations (RBSDEs) with lower obstacle which is assumed to be right upper-semicontinuous but not necessarily right-continuous. We prove existence and…

Probability · Mathematics 2017-05-11 Miryana Grigorova , Peter Imkeller , Elias Offen , Youssef Ouknine , Marie-Claire Quenez

This paper is dedicated to the analysis of backward stochastic differential equations (BSDEs) with jumps, subject to an additional global constraint involving all the components of the solution. We study the existence and uniqueness of a…

Probability · Mathematics 2011-03-10 Romuald Elie , Idris Kharroubi

We consider stochastic differential equations on $\mathbb R^d$ with coefficients depending on the path and distribution for the whole history. Under a local integrability condition on the time-spatial singular drift, the well-posedness and…

Probability · Mathematics 2025-07-15 Feng-Yu Wang , Chenggui Yuan , Xiao-Yu Zhao

This paper deals with the problem of existence and uniqueness of a solution for a backward stochastic differential equation (BSDE for short) with one reflecting barrier in the case when the terminal value, the generator and the obstacle…

Probability · Mathematics 2008-07-14 Said Hamadene , Alexandre Popier

We introduce and develop the concepts of Geometric Backward Stochastic Differential Equations (GBSDEs, for short) and two-driver BSDEs. We demonstrate their natural suitability for modeling continuous-time dynamic return risk measures. We…

Probability · Mathematics 2025-09-10 Roger J. A. Laeven , Emanuela Rosazza Gianin , Marco Zullino

In this paper we study multi-dimensional reflected backward stochastic differential equations driven by Wiener-Poisson type processes. We prove existence and uniqueness of solutions, with reflection in the inward spatial normal direction,…

Probability · Mathematics 2015-03-12 Kaj Nyström , Marcus Olofsson

In the first part of this paper we give a solution for the one-dimensional reflected backward stochastic differential equation (BSDE for short) when the noise is driven by a Brownian motion and an independent Poisson point process. The…

Probability · Mathematics 2011-09-12 S. Hamadene , Y. Ouknine

A new asymptotic expansion scheme for backward SDEs (BSDEs) is proposed.The perturbation parameter is introduced just to scale the forward stochastic variables within a BSDE. In contrast to the standard small-diffusion asymptotic expansion…

Computational Finance · Quantitative Finance 2014-12-23 Masaaki Fujii

This paper is devoted to the study of the differentiability of solutions to real-valued backward stochastic differential equations (BSDEs for short) with quadratic generators driven by a cylindrical Wiener process. The main novelty of this…

Probability · Mathematics 2008-04-10 Philippe Briand , Fulvia Confortola

We study backward stochastic difference equations (BS{\Delta}E) driven by a d-dimensional stochastic process on a lattice whose increments have only d + 1 possible values that generates the lattice. Regarding the driving process as a d…

Probability · Mathematics 2026-01-14 Masaaki Fukasawa , Takashi Sato , Jun Sekine

The distribution-dependent stochastic differential equations (DDSDEs) describe stochastic systems whose evolution is determined by both the microcosmic site and the macrocosmic distribution of the particle. The density function associated…

Probability · Mathematics 2017-04-18 Feng-Yu Wang

In this paper we propose an all-in-one statement which includes existence, uniqueness, regularity, and numerical approximations of mild solutions for a class of stochastic partial differential equations (SPDEs) with non-globally monotone…

Probability · Mathematics 2024-12-20 Sara Mazzonetto , Diyora Salimova

By analogy with the theory of Backward Stochastic Differential Equations, we define Backward Stochastic Difference Equations on spaces related to discrete time, finite state processes. This paper considers these processes as constructions…

Probability · Mathematics 2010-07-12 Samuel N. Cohen , Robert J. Elliott

The present paper is devoted to the well-posedness of a type of multi-dimensional backward stochastic differential equations (BSDEs) with a diagonally quadratic generator. We give a new priori estimate, and prove that the BSDE admits a…

Probability · Mathematics 2024-04-17 Guang Yang

A novel approach to design the feedback control based on past states is proposed for hybrid stochastic differential equations (HSDEs). This new theorem builds up the connection between the delay feedback control and the control function…

Optimization and Control · Mathematics 2019-07-30 Junhao Hu , Wei Liu , Feiqi Deng , Xuerong Mao

We study distribution dependent stochastic differential equation driven by a continuous process, without any specification on its law, following the approach initiated in [16]. We provide several criteria for existence and uniqueness of…

Probability · Mathematics 2022-03-07 Lucio Galeati , Fabian A. Harang , Avi Mayorcas

Mean-field backward doubly stochastic differential equations (MF-BDSDEs, for short) are introduced and studied. The existence and uniqueness of solutions for MF-BDSDEs is established. One probabilistic interpretation for the solutions to a…

Probability · Mathematics 2011-08-30 Tianxiao Wang , Qingfeng Zhu , Yufeng Shi
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