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As a general rule, differential equations driven by a multi-dimensional irregular path $\Gamma$ are solved by constructing a rough path over $\Gamma$. The domain of definition ? and also estimates ? of the solutions depend on upper bounds…

Probability · Mathematics 2009-05-07 Jérémie Unterberger

We derive first-order Pontryagin optimality conditions for stochastic optimal control with deterministic controls for systems modeled by rough differential equations (RDE) driven by Gaussian rough paths. This Pontryagin Maximum Principle…

Optimization and Control · Mathematics 2025-10-07 Thomas Lew

We introduce the class of "smooth rough paths" and study their main properties. Working in a smooth setting allows us to discard sewing arguments and focus on algebraic and geometric aspects. Specifically, a Maurer-Cartan perspective is the…

Probability · Mathematics 2024-03-18 Carlo Bellingeri , Peter K. Friz , Sylvie Paycha , Rosa Preiß

The paper concerns classical solution of path-dependent partial differential equations (PPDEs) with coefficients depending on both variables of path and path-valued measure, which are crucial to understanding large-scale mean-field…

Probability · Mathematics 2024-07-26 Shanjian Tang , Huilin Zhang

We study approximations to a class of vector-valued equations of Burgers type driven by a multiplicative space-time white noise. A solution theory for this class of equations has been developed recently in [Hairer, Weber, Probab. Theory…

Probability · Mathematics 2016-06-02 Martin Hairer , Jan Maas , Hendrik Weber

We provide verification theorems (at different levels of generality) for infinite horizon stochastic control problems in continuous time for semimartingales. The control framework is given as an abstract "martingale formulation", which…

Probability · Mathematics 2020-01-01 Ma. Elena Hernández-Hernández , Saul Jacka , Aleksandar Mijatović

In this paper we prove the strong averaging principle for a slow-fast system of rough differential equations. The slow and the fast component of the system are driven by a rather general random rough path and Brownian rough path,…

Probability · Mathematics 2025-04-28 Yuzuru Inahama

We introduce a generalized notion of semilinear elliptic partial differential equations where the corresponding second order partial differential operator $L$ has a generalized drift. We investigate existence and uniqueness of generalized…

Probability · Mathematics 2015-06-03 Francesco Russo , Lukas Wurzer

In this paper, we define random quasi-periodic paths for random dynamical systems and quasi-periodic measures for Markovian semigroups. We give a sufficient condition for the existence and uniqueness of random quasi-periodic paths and…

Probability · Mathematics 2021-03-19 Chunrong Feng , Baoyou Qu , Huaizhong Zhao

McKean-Vlasov SDEs describe systems where the dynamics depend on the law of the process. The corresponding Fokker-Planck equation is a nonlinear, nonlocal PDE for the corresponding measure flow. In the presence of common noise and…

Probability · Mathematics 2025-07-24 Fabio Bugini , Peter K. Friz , Wilhelm Stannat

We consider a broad class of semilinear SPDEs with multiplicative noise driven by a finite-dimensional Wiener process. We show that, provided that an infinite-dimensional analogue of H\"ormander's bracket condition holds, the Malliavin…

Probability · Mathematics 2019-11-11 Andris Gerasimovics , Martin Hairer

We introduce some analytic relations on the set of partial differential equations of two variables. It relies on a new comparison method to give rough asymptotic estimates for solutions which obey different partial differential equations.…

Metric Geometry · Mathematics 2015-03-17 Tsuyoshi Kato , Satoshi Tsujimoto

Using rough path theory, we provide a pathwise foundation for stochastic It\^o integration, which covers most commonly applied trading strategies and mathematical models of financial markets, including those under Knightian uncertainty. To…

Probability · Mathematics 2024-01-04 Andrew L. Allan , Chong Liu , David J. Prömel

The important application of semi-static hedging in financial markets naturally leads to the notion of quasi self-dual processes which is, for continuous semimartingales, related to symmetry properties of both their ordinary as well as…

Probability · Mathematics 2012-02-01 Thorsten Rheinländer , Michael Schmutz

We develop a consistent method for estimating the parameters of a rich class of path-dependent SDEs, called signature SDEs, which can model general path-dependent phenomena. Path signatures are iterated integrals of a given path with the…

Statistics Theory · Mathematics 2025-05-29 Pardis Semnani , Vincent Guan , Elina Robeva , Darrick Lee

This paper contributes to the study of relative martingales. Specifically, for a closed random set $H$, they are processes null on $H$ which decompose as $M=m+v$, where $m$ is a c\`adl\`ag uniformly integrable martingale and, $v$ is a…

Probability · Mathematics 2022-10-04 Fulgence Eyi Obiang , Paule Joyce Mbenangoya , Ibrahima Faye , Octave Moutsinga

Stochastic differential equations (SDEs) on compact foliated spaces were introduced a few years ago. As a corollary, a leafwise Brownian motion on a compact foliated space was obtained as a solution to an SDE. In this paper we construct…

Dynamical Systems · Mathematics 2020-03-05 Yuzuru Inahama , Kiyotaka Suzaki

In this paper we study time-inhomogeneous affine processes beyond the common assumption of stochastic continuity. In this setting times of jumps can be both inaccessible and predictable. To this end we develop a general theory of finite…

Probability · Mathematics 2018-12-21 Martin Keller-Ressel , Thorsten Schmidt , Robert Wardenga

We are concerned with a stochastic mean curvature flow of graphs over a periodic domain of any space dimension. We establish existence of martingale solutions which are strong in the PDE sense and study their large-time behavior. Our…

Probability · Mathematics 2019-03-13 Nils Dabrock , Martina Hofmanová , Matthias Röger

Based on the multidimensional irreducible paving of De March & Touzi, we provide a multi-dimensional version of the quasi sure duality for the martingale optimal transport problem, thus extending the result of Beiglb\"ock, Nutz & Touzi.…

Probability · Mathematics 2018-05-07 Hadrien De March