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Results on the existence, uniqueness and strict comparison for solutions to a BSDE driven by a multi-dimensional RCLL martingale are established. The goal is to develop a general multi-asset framework encompassing a wide spectrum of…

Probability · Mathematics 2021-03-17 Tianyang Nie , Marek Rutkowski

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

In this paper we study Backward Stochastic Differential Equations with two reflecting right continuous with left limits obstacles (or barriers) when the noise is given by Brownian motion and a Poisson random measure mutually independent.…

Probability · Mathematics 2008-12-10 S. Hamadéne , H. Wang

We prove existence and uniqueness of the reflected backward stochastic differential equation's (RBSDE) solution with a lower obstacle which is assumed to be right upper-semicontinuous but not necessarily right-continuous in a filtration…

Probability · Mathematics 2018-12-20 Brahim Baadi , Youssef Ouknine

We introduce a discrete time reflected scheme to solve doubly reflected Backward Stochastic Differential Equations with jumps (in short DRBSDEs), driven by a Brownian motion and an independent compensated Poisson process. As in…

Probability · Mathematics 2015-11-11 Roxana Dumitrescu , Céline Labart

We study a discrete time approximation scheme for the solution of a doubly reflected Backward Stochastic Differential Equation (DBBSDE in short) with jumps, driven by a Brownian motion and an independent compensated Poisson process.…

Probability · Mathematics 2016-12-14 Roxana Dumitrescu , Céline Labart

This paper addresses the existence and uniqueness of solutions to Reflected Generalized Backward Stochastic Differential Equations (GRBSDEs) within a general filtration that supports a Brownian motion and an independent integer-valued…

Probability · Mathematics 2026-03-09 Badr Elmansouri , Mohamed El Otmani

We study the properties of nonlinear Backward Stochastic Differential Equations (BSDEs) driven by a Brownian motion and a martingale measure associated with a default jump with intensity process $(\lambda_t)$. We give a priori estimates for…

Pricing of Securities · Quantitative Finance 2017-09-04 Roxana Dumitrescu , Marie-Claire Quenez , Agnès Sulem

We establish some well-posedness and comparison results for BSDEs driven by one- and multi-dimensional martingales. On the one hand, our approach is largely motivated by results and methods developed in Carbone et al. (2008) and El Karoui…

Probability · Mathematics 2014-12-09 Tianyang Nie , Marek Rutkowski

We study non-linear Backward Stochastic Differential Equations (BSDEs) driven by a Brownian motion and p default martingales. The driver of the BSDE with multiple default jumps can take a generalized form involving an optional finite…

Mathematical Finance · Quantitative Finance 2026-01-06 Miryana Grigorova , James Wheeldon

In this paper, we study the doubly reflected backward stochastic differential equations driven by $G$-Brownian motion ($G$-BSDEs for short) when the generator has quadratic growth in the $z$-component. Based on the theory of $G$-BMO…

Probability · Mathematics 2026-04-28 Hanwu Li , Peng Luo , Mengbo Zhu

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 study a correlated Brownian motion in two dimensions, which is reflected, stopped or killed in a wedge represented as the intersection of two half spaces. First, we provide explicit density formulas, hinted by the method of images. These…

Probability · Mathematics 2022-12-15 Pierre Bras , Arturo Kohatsu-Higa

We consider the well-posedness problem of multi-dimensional reflected backward stochastic differential equations driven by $G$-Brownian motion ($G$-BSDEs) with diagonal generators. Two methods, i.e., the penalization method and the Picard…

Probability · Mathematics 2024-01-23 Hanwu Li , Guomin Liu

In this paper, we introduce a new kind of reflected backward stochastic differential equations (RBSDEs) driven by a martingale, in a Markov chain model, but not driven by Brownian motion, and give existence and uniqueness results for the…

Probability · Mathematics 2015-05-14 Dimbinirina Ramarimbahoaka , Zhe Yang , Robert J. Elliott

In this paper, we introduce a new method to study the doubly reflected backward stochastic differential equation driven by G-Brownian motion (G-BSDE). Our approach involves approximating the solution through a family of penalized reflected…

Probability · Mathematics 2024-03-28 Hanwu Li , Ning Ning

In this paper we study different algorithms for backward stochastic differential equations (BSDE in short) basing on random walk framework for 1-dimensional Brownian motion. Implicit and explicit schemes for both BSDE and reflected BSDE are…

Probability · Mathematics 2009-09-23 Shige Peng , Mingyu Xu

The paper is directly motivated by the pricing of vulnerable European and American options in a general hazard process setup and a related study of the corresponding pre-default backward stochastic differential equations (BSDE) and…

Probability · Mathematics 2022-12-27 Libo Li , Ruyi Liu , Marek Rutkowski

We study the well-posedness of general reflected BSDEs driven by a continuous martingale, when the coefficient f of the driver has at most quadratic growth in the control variable Z, with a bounded terminal condition and a lower obstacle…

Probability · Mathematics 2013-10-22 Arnaud Lionnet

We consider a robust impulse control problem in finite horizon where the underlying uncertainty stems from an impulsively and continuously controlled functional stochastic differential equation (FSDE) driven by Brownian motion. We assume…

Optimization and Control · Mathematics 2021-03-31 Magnus Perninge
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