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This paper is concerned with a general non-homogeneous stochastic linear quadratic (LQ) control problem with regime switching and random coefficients. We obtain the explicit optimal state feedback control and optimal value for this problem…

Optimization and Control · Mathematics 2023-07-17 Ying Hu , Xiaomin Shi , Zuo Quan Xu

In this paper, we study backward stochastic differential equations (BSDEs shortly) with jumps that have Lipschitz generator in a general filtration supporting a Brownian motion and an independent Poisson random measure. Under just…

Probability · Mathematics 2017-11-23 Imen Hassairi

In this paper, we study an optimal control problem of linear backward stochastic differential equation (BSDE) with quadratic cost functional under partial information. This problem is solved completely and explicitly by using a stochastic…

Optimization and Control · Mathematics 2020-12-16 Guangchen Wang , Wencan Wang , Zhiguo Yan

In this paper, we study the following time-dependent stochastic differential equation (SDE) in ${\bf R}^d$: $$ d X_{t}= \sigma_t(X_{t-}) d Z_t + b_t(X_{t})d t, \quad X_{0}=x\in {\bf R}^d, $$ where $Z$ is a $d$-dimensioanl nondegenerate…

Probability · Mathematics 2017-09-15 Zhen-Qing Chen , Xicheng Zhang , Guohuan Zhao

In this paper, we focus on the mean-field backward stochastic differential equations (BSDEs) driven by a fractional Brownian motion with Hurst parameter H greater then 1/2. First, the existence and uniqueness of these equations are…

Probability · Mathematics 2017-05-30 Jiaqiang Wen , Yufeng Shi

We address a class of backward stochastic differential equations on a bounded interval, where the driving noise is a marked, or multivariate, point process. Assuming that the jump times are totally inaccessible and a technical condition…

Probability · Mathematics 2016-06-28 Fulvia Confortola , Marco Fuhrman , Jean Jacod

This article deals with the numerical resolution of Markovian backward stochastic differential equations (BSDEs) with drivers of quadratic growth with respect to $z$ and bounded terminal conditions. We first show some bound estimates on the…

Probability · Mathematics 2012-01-10 Adrien Richou

In this paper, we deal with a new type of differential equations called anticipated backward doubly stochastic differential equations (anticipated BDSDEs). The coefficients of these BDSDEs depend on the future value of the solution $(Y,…

Probability · Mathematics 2013-07-10 Xiaoming Xu

We consider ergodic backward stochastic differential equations, in a setting where noise is generated by a countable state uniformly ergodic Markov chain. We show that for Lipschitz drivers such that a comparison theorem holds, these…

Probability · Mathematics 2012-07-25 Samuel N. Cohen , Ying Hu

The goal of this paper is to solve backward doubly stochastic differential equation (BDSDE, in short) under weak assumptions on the data. The first part is devoted to the development of some new technical aspects of stochastic calculus…

Probability · Mathematics 2011-08-04 Auguste Aman

The purpose of this short note is to show how it is possible to combine existing results in the literature to get the unique continuation from sets of positive measure for time dependent parabolic equations with Lipschitz principal part and…

Analysis of PDEs · Mathematics 2020-11-02 Nicolas Burq , Claude Zuily

In this paper, we introduce a class of stochastic partial differential equations (SPDEs) with fractional time-derivatives, and study the $L_2$-theory of the equations. This class of SPDEs can be used to describe random effects on transport…

Probability · Mathematics 2014-04-08 Zhen-Qing Chen , Kyeong-Hun Kim , Panki Kim

In this paper, we deal with a class of one-dimensional reflected backward doubly stochastic differential equations with one continuous lower barrier. We derive the existence and uniqueness of solutions for these equations with Lipschitz…

Probability · Mathematics 2015-01-06 Wen Lu

We consider a backward stochastic differential equation with a generator that can be subjected to delay, in the sense that its current value depends on the weighted past values of the solutions, for instance a distorted recent average.…

Probability · Mathematics 2015-09-08 Peng Luo , Ludovic Tangpi

We provide a probabilistic solution of a not necessarily Markovian control problem with a state constraint by means of a Backward Stochastic Differential Equation (BSDE). The novelty of our solution approach is that the BSDE possesses a…

Optimization and Control · Mathematics 2013-06-04 Stefan Ankirchner , Monique Jeanblanc , Thomas Kruse

In this short note we consider RBSDE with Lipschitz drivers and barrier processes that are optional and right upper semicontinuous. We treat the case when the barrier can be represented as a decreasing limit of cadlag barriers. We combine…

Probability · Mathematics 2021-07-05 Siham Bouhadou , Astrid Hilbert , Youssef Ouknine

In this paper we are concerned with backward stochastic differential equations with random default time and their applications to default risk. The equations are driven by Brownian motion as well as a mutually independent martingale…

Computational Finance · Quantitative Finance 2009-10-13 Shige Peng , Xiaoming Xu

In this paper, we study backward stochastic differential equations driven by G-Brownian motion where the generator has time-varying monotonicity with respect to y and Lipsitz property with respect to z. Through the Yosida approximation, we…

Probability · Mathematics 2026-03-10 Renxing Li , Xue Zhang

We study numerical schemes for Stochastic Partial Differential Equations (SPDEs). We introduce a general method of proof of non-asymptotic uniform in time error bounds on numerical integrators for SPDEs, ensuring the schemes capture both…

Numerical Analysis · Mathematics 2026-03-20 Can Huang , Michela Ottobre , Gideon Simpson

This paper is concerned with a linear-quadratic (LQ, for short) optimal control problem for backward stochastic differential equations (BSDEs, for short), where the coefficients of the backward control system and the weighting matrices in…

Optimization and Control · Mathematics 2021-05-14 Jingrui Sun , Hanxiao Wang