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This paper is an attempt to extend the notion of viscosity solution to nonlinear stochastic partial differential integral equations with nonlinear Neumann boundary condition. Using the recently developed theory on generalized backward…

Probability · Mathematics 2010-11-16 Auguste Aman , Yong Ren

We provide a representation formula for viscosity solutions to a class of nonlinear second order parabolic PDEs given as a sup--envelope function. This is done through a dynamic programming principle derived from Denis, Hu, Peng (2010). The…

Analysis of PDEs · Mathematics 2021-06-23 Marco Pozza

In this paper, a pricing formula for volatility swaps is delivered when the underlying asset follows the stochastic volatility model with jumps and stochastic intensity. By using Feynman-Kac theorem, a partial integral differential equation…

Pricing of Securities · Quantitative Finance 2018-05-21 Ben-zhang Yang , Jia Yue , Ming-hui Wang , Nan-jing Huang

In this paper, we introduce a type of path-dependent quasilinear (parabolic) partial differential equations in which the (continuous) paths on an interval [0,t] becomes the basic variables in the place of classical variables (t,x). This new…

Probability · Mathematics 2011-08-23 Shige Peng , Falei Wang

We study time consistent dynamic pricing mechanisms of European contingent claims under uncertainty by using G framework introduced by Peng ([24]). We consider a financial market consisting of a riskless asset and a risky stock with price…

Pricing of Securities · Quantitative Finance 2013-10-01 Wei Chen

The fluctuations of dynamical functionals such as the empirical density and current as well as heat, work and generalized currents in stochastic thermodynamics are usually studied within the Feynman-Kac tilting formalism, which in the…

Statistical Mechanics · Physics 2023-04-06 Cai Dieball , Aljaž Godec

We find Feynman-Kac type representation theorems for generalized diffusions. To do this we need to establish existence, uniqueness and regularity results for equations with measure-valued coefficients.

Analysis of PDEs · Mathematics 2012-10-25 Erik Ekström , Svante Janson , Johan Tysk

We prove Feynman-Kac formulas for solutions to elliptic and parabolic boundary value and obstacle problems associated with a general Markov diffusion process. Our diffusion model covers several popular stochastic volatility models, such as…

Probability · Mathematics 2015-09-15 Paul M. N. Feehan , Ruoting Gong , Jian Song

It is well known that for solutions of semi-linear parabolic PDEs, there are equivalent probabilistic interpretations, which yields the so called nonlinear Feymman-Kac formula. By adopting such formula, we consider in this work a novel…

Numerical Analysis · Mathematics 2014-12-18 Yuanyuan Siu , Weidong Zhao , Tao Zhou

In this paper, we invoke a generalized uncertainty principle (GUP) in the symmetry-reduced cosmological Hamiltonian for a universe driven by a quintessence scalar field with potential. Our study focuses on semi-classical regime. In…

General Relativity and Quantum Cosmology · Physics 2024-05-15 Gaurav Bhandari , S. D. Pathak , Manabendra Sharma , Anzhong Wang

In this paper we obtain a Feynman-Kac formula for the solution of a fractional stochastic heat equation driven by fractional noise. One of the main difficulties is to show the exponential integrability of some singular nonlinear functionals…

Probability · Mathematics 2014-10-14 Xia Chen , Yaozhong Hu , Jian Song

We establish a probabilistic representation for a wide class of linear deterministic p.d.e.s with potential term, including the wave equation in spatial dimensions 1 to 3. Our representation applies to the heat equation, where it is related…

Probability · Mathematics 2011-02-18 Robert C. Dalang , Carl Mueller , Roger Tribe

The exit time probability, which gives the likelihood that an initial condition leaves a prescribed region of the phase space of a dynamical system at, or before, a given time, is arguably one of the most natural and important transport…

Computational Physics · Physics 2021-08-25 Minglei Yang , Guannan Zhang , Diego del-Castillo-Negrete , Miroslav Stoyanov

In this paper, we present a novel Feynman-Kac formula and investigate learning-based methods for approximating general nonlinear time-dependent Schr\"odinger equations which may be high-dimensional. Our formulation integrates both the…

Analysis of PDEs · Mathematics 2025-06-23 Hang Cheung , Jinniao Qiu , Yang Yang

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 paper, we establish a version of the Feynman-Kac formula for multidimensional stochastic heat equation driven by a general semimartingale. This Feynman-Kac formula is then applied to study some nonlinear stochastic heat equations…

Probability · Mathematics 2012-07-26 Yaozhong Hu , David Nualart , Jian Song

We provide a representation formula for viscosity solutions to an elliptic Dirichlet problem involving Pucci's extremal operators. This is done through a dynamic programming principle derived from Denis, Hu and Peng (2010). The formula can…

Analysis of PDEs · Mathematics 2025-09-09 Marco Pozza

This article establishes sufficient conditions for a linear-in-time bound on the non-asymptotic variance of particle approximations of time-homogeneous Feynman-Kac formulae. These formulae appear in a wide variety of applications including…

Computation · Statistics 2012-02-14 Nick Whiteley , Nikolas Kantas , Ajay Jasra

We consider a system of Forward Backward Stochastic Differential Equations (FBSDEs), with time delayed generator and driven by L\`evy-type noise. We establish a non linear Feynman Kac representation formula associating the solution given by…

Probability · Mathematics 2025-11-27 Luca Di Persio , Matteo Garbelli , Adrian Zălinescu

In this paper, we propose a novel data-driven framework for discovering probabilistic laws underlying the Feynman-Kac formula. Specifically, we introduce the first stochastic SINDy method formulated under the risk-neutral probability…

Mathematical Finance · Quantitative Finance 2025-11-13 Qi Feng , Guang Lin , Purav Matlia , Denny Serdarevic