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Given a family of real probability measures $(\mu_t)_{t\geq 0}$ increasing in convex order (a peacock) we describe a systematic method to create a martingale exactly fitting the marginals at any time. The key object for our approach is the…

Probability · Mathematics 2022-10-25 Martin Brückerhoff , Martin Huesmann , Nicolas Juillet

While many questions in robust finance can be posed in the martingale optimal transport framework or its weak extension, others like the subreplication price of VIX futures, the robust pricing of American options or the construction of…

Probability · Mathematics 2023-04-20 Benjamin Jourdain , Gudmund Pammer

In this paper, we exhibit a new family of martingale couplings between two one-dimensional probability measures $\mu$ and $\nu$ in the convex order. This family is parametrised by two dimensional probability measures on the unit square with…

Probability · Mathematics 2019-03-08 Benjamin Jourdain , William Margheriti

We investigate stability properties of weak supermartingale optimal transport (WSOT) problems on $\mathbb{R}$. For probability measures $\mu,\nu\in\mathcal{P}_r$ satisfying $\mu \leq_{cd} \nu$ (equivalently, $\Pi_S(\mu,\nu)\neq\emptyset$),…

Probability · Mathematics 2026-03-31 Shuoqing Deng , Gaoyue Guo , Dominykas Norgilas

In classical optimal transport, the contributions of Benamou$-$Brenier and McCann regarding the time-dependent version of the problem are cornerstones of the field and form the basis for a variety of applications in other mathematical…

The basic problem of optimal transportation consists in minimizing the expected costs $\mathbb {E}[c(X_1,X_2)]$ by varying the joint distribution $(X_1,X_2)$ where the marginal distributions of the random variables $X_1$ and $X_2$ are…

Probability · Mathematics 2016-08-14 Mathias Beiglböck , Nicolas Juillet

We introduce a new non-linear optimal transport formulation for a pair of probability measures on $\mathbb{R}^d$ sharing a common barycentre, in which admissible transference plans satisfy two martingale-type constraints. This bi-martingale…

Probability · Mathematics 2025-11-03 Karol Bołbotowski

We give a characterization of optimal transport plans for a variant of the usual quadratic transport cost introduced in [33]. Optimal plans are composition of a deterministic transport given by the gradient of a continuously differentiable…

Probability · Mathematics 2019-09-18 Nathael Gozlan , Nicolas Juillet

Continuity of the value of the martingale optimal transport problem on the real line w.r.t. its marginals was recently established in Backhoff-Veraguas and Pammer [2] and Wiesel [21]. We present a new perspective of this result using the…

Probability · Mathematics 2021-04-23 Ariel Neufeld , Julian Sester

In many statistical settings, two types of data are available: coupled data, which preserve the joint structure among variables but are limited in size due to cost or privacy constraints, and marginal data, which are available at larger…

Methodology · Statistics 2026-03-31 Jakwang Kim , Young-Heon Kim , Chan Park

Entropic Brenier maps are regularized analogues of Brenier maps (optimal transport maps) which converge to Brenier maps as the regularization parameter shrinks. In this work, we prove quantitative stability bounds between entropic Brenier…

Probability · Mathematics 2024-04-04 Vincent Divol , Jonathan Niles-Weed , Aram-Alexandre Pooladian

For many examples of couples $(\mu,\nu)$ of probability measures on the real line in the convex order, we observe numerically that the Hobson and Neuberger martingale coupling, which maximizes for $\rho=1$ the integral of $|y-x|^\rho$ with…

Probability · Mathematics 2023-05-02 Benjamin Jourdain , Kexin Shao

We study an optimal transport problem with a backward martingale constraint in a pseudo-Euclidean space $S$. We show that the dual problem consists in the minimization of the expected values of the Fitzpatrick functions associated with…

Probability · Mathematics 2023-12-11 Dmitry Kramkov , Mihai Sîrbu

We study metric projections onto cones in the Wasserstein space of probability measures, defined by stochastic orders. Dualities for backward and forward projections are established under general conditions. Dual optimal solutions and their…

Probability · Mathematics 2021-10-12 Young-Heon Kim , Yuan Long Ruan

We show that the sequential closure of a family of probability measures on the canonical space of c{\`a}dl{\`a}g paths satisfying Stricker's uniform tightness condition is a weak${}^*$ compact set of semimartingale measures in the pairing…

Probability · Mathematics 2020-04-21 Matti Kiiski

Quantization provides a very natural way to preserve the convex order when approximating two ordered probability measures by two finitely supported ones. Indeed, when the convex order dominating original probability measure is compactly…

Probability · Mathematics 2020-12-21 Benjamin Jourdain , Gilles Pagès

In this paper, we consider the problem of minimizing the sum of two convex functions subject to linear linking constraints. The classical alternating direction type methods usually assume that the two convex functions have relatively easy…

Optimization and Control · Mathematics 2015-07-10 Tianyi Lin , Shiqian Ma , Shuzhong Zhang

In classical optimal transport, the contributions of Benamou-Brenier and McCann regarding the time-dependent version of the problem are cornerstones of the field and form the basis for a variety of applications in other mathematical areas.…

Probability · Mathematics 2019-01-16 Julio Backhoff-Veraguas , Mathias Beiglböck , Martin Huesmann , Sigrid Källblad

We introduce and study geometric Bass martingales. Bass martingales were introduced in \cite{Ba83} and studied recently in a series of works, including \cite{BaBeHuKa20,BaBeScTs23}, where they appear as solutions to the martingale version…

Probability · Mathematics 2025-02-12 Julio Backhoff , Gregoire Loeper , Jan Obloj

We establish several quantitative stability estimates for optimal transport maps between non-degenerate densities on uniformly convex domains for the quadratic cost. Under H\"older regularity assumptions, we prove Lipschitz $L^2$…

Analysis of PDEs · Mathematics 2026-05-26 F. -U. Caja-Lopez , Matias G. Delgadino , Jun Kitagawa