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In this paper, we study a multidimensional backward stochastic differential equation (BSDE) with an additional rough drift (rough BSDE), and give the existence and uniqueness of the adapted solution, either when the terminal value and the…

Probability · Mathematics 2024-01-12 Jiahao Liang , Shanjian Tang

We develop a multilevel approach to compute approximate solutions to backward differential equations (BSDEs). The fully implementable algorithm of our multilevel scheme constructs sequential martingale control variates along a sequence of…

Probability · Mathematics 2014-12-11 Dirk Becherer , Plamen Turkedjiev

We study a system of Forward-Backward Stochastic Differential Equations (FBSDEs) with time-delayed generators. The forward process includes a reflection component expressed via a Stieltjes integral, while the backward process takes the form…

Probability · Mathematics 2026-01-23 Luca Di Persio , Matteo Garbelli , Adrian Zalinescu

In this paper, we introduce a new type of backward stochastic differential equations (BSDEs), called conditional expectation BSDEs, whose drivers depend not only on the value of the solutions but also on their conditional expectations with…

Probability · Mathematics 2026-04-27 Hanwu Li

The aim is to prove the well-posedness of infinite horizon backward stochastic differential equations driven by $G$-Brownian motion ($G$-BSDEs) with quadratic generators. To this end, we provide a full construction of explicit solutions to…

Probability · Mathematics 2025-09-09 Yiqing Lin , Yifan Sun , Falei Wang

We provide existence results and comparison principles for solutions of backward stochastic difference equations (BS$\Delta$Es) and then prove convergence of these to solutions of backward stochastic differential equations (BSDEs) when the…

Probability · Mathematics 2013-07-24 Patrick Cheridito , Mitja Stadje

This work deals with backward stochastic differential equation (BSDE) with random marked jumps, and their applications to default risk. We show that these BSDEs are linked with Brownian BSDEs through the decomposition of processes with…

Optimization and Control · Mathematics 2012-06-05 Idris Kharroubi , Thomas Lim

In this paper, we study the solvability of anticipated backward stochastic differential equations (BSDEs, for short) with quadratic growth for one-dimensional case and multi-dimensional case. In these BSDEs, the generator, which is of…

Probability · Mathematics 2019-09-25 Ying Hu , Xun Li , Jiaqiang Wen

In this paper, we study reflected backward stochastic differential equation (reflected BSDE in abbreviation) with rank-based data in a Markovian framework; that is, the solution to the reflected BSDE is above a prescribed boundary process…

Probability · Mathematics 2020-07-14 Zhen-Qing Chen , Xinwei Feng

We consider backward stochastic differential equations (BSDEs) with mean-field and McKean-Vlasov interactions in their generators in a general setting, where the drivers are square-integrable martingales, with a focus on the independent…

Probability · Mathematics 2024-08-27 Antonis Papapantoleon , Alexandros Saplaouras , Stefanos Theodorakopoulos

We address a general optimal switching problem over finite horizon for a stochastic system described by a differential equation driven by Brownian motion. The main novelty is the fact that we allow for infinitely many modes (or regimes,…

Optimization and Control · Mathematics 2019-08-07 Marco Fuhrman , Marie-Amélie Morlais

In this paper, we are interested in solving multidimensional backward stochastic differential equations (BSDEs) in $L^p\ (p>1)$ under weaker assumptions on the coefficients, considering both a finite and an infinite time interval. We…

Probability · Mathematics 2014-03-21 ShengJun Fan , Long Jiang

In this paper, we study the backward stochastic differential equation (BSDE) with two nonlinear mean reflections, which means that the constraints are imposed on the distribution of the solution but not on its paths. Based on the backward…

Probability · Mathematics 2023-07-13 Hanwu Li

We show a concise extension of the monotone stability approach to backward stochastic differential equations (BSDEs) that are jointly driven by a Brownian motion and a random measure for jumps, which could be of infinite activity with a…

Probability · Mathematics 2019-11-21 Dirk Becherer , Martin Büttner , Klebert Kentia

In this paper, we focus on the solvability of a class of fractional backward stochastic differential equations (BSDEs, for short) with delayed generator. In this class of equations, the generator includes not only the values of the…

Probability · Mathematics 2022-12-01 Jiaqiang Wen

We consider backward stochastic differential equations (BSDE) with nonlinear generators typically of quadratic growth in the control variable. A measure solution of such a BSDE will be understood as a probability measure under which the…

Probability · Mathematics 2008-07-08 Stefan Ankirchner , Peter Imkeller , Alexandre Popier

This paper is devoted to solving a multidimensional backward stochastic differential equation (BSDE for short) with a general random terminal time $\tau$ taking values in $[0,+\infty]$. The generator $g$ of such BSDE satisfies a stochastic…

Probability · Mathematics 2026-03-17 Yaqi Zhang , Xinying Li , Ying Hu , Shengjun Fan

The present paper is devoted to the study of the well-posedness of BSDEs with mean reflection whenever the generator has quadratic growth in the $z$ argument. This work is the sequel of Briand et al. [BSDEs with mean reflection,…

Probability · Mathematics 2017-05-30 Hélène Hibon , Ying Hu , Yiqing Lin , Peng Luo , Falei Wang

This article focuses on the mathematical problem of existence and uniqueness of BSDE with a random terminal time which is a general random variable but not a stopping time, as it has been usually the case in the previous literature of BSDE…

Computational Finance · Quantitative Finance 2011-05-20 Christophette Blanchet-Scalliet , Anne Eyraud-Loisel , Manuela Royer-Carenzi

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