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We consider reflected backward stochastic different equations with optional barrier and so-called regulated trajectories, i.e trajectories with left and right finite limits. We prove existence and uniqueness results. We also show that the…

Probability · Mathematics 2019-10-10 Tomasz Klimsiak , Maurycy Rzymowski , Leszek Słomiński

In this paper, we study the linear-quadratic control problem for mean-field backward stochastic differential equations (MF-BSDE) with random coefficients. We first derive a preliminary stochastic maximum principle to analyze the unique…

Optimization and Control · Mathematics 2025-03-04 Jie Xiong , Wen Xu , Ying Yang

This paper is devoted to the study of reflected Stochastic Differential Equations with jumps when the constraint is not on the paths of the solution but acts on the law of the solution. This type of reflected equations have been introduced…

Probability · Mathematics 2020-08-26 Philippe Briand , Abir Ghannoum , Céline Labart

We demonstrate that backward stochastic differential equations (BSDE) may be reformulated as ordinary functional differential equations on certain path spaces. In this framework, neither It\^{o}'s integrals nor martingale representation…

Probability · Mathematics 2012-11-20 Gechun Liang , Terry Lyons , Zhongmin Qian

In this paper, we study the global solvability of multidimensional forward-backward stochastic differential equations (FBSDEs) with diagonally Lipschitz, quadratic or super-quadratic generators. Under a certain "monotonicity" condition, we…

Probability · Mathematics 2023-06-26 Tianjiao Hua , Peng Luo

In this paper, we establish representation theorems for generators of backward stochastic differential equations (BSDEs in short) in probability spaces with general filtration from the perspective of transposition solutions of BSDEs. As…

Probability · Mathematics 2019-12-11 Panyu Wu , Guodong Zhang

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

This paper presents a further investigation of the properties of infinite-time mean field forward-backward stochastic differential equations (FBSDEs) and the associated elliptic master equations, which were introduced in [18] as…

Probability · Mathematics 2026-04-28 Yongsheng Song , Zeyu Yang

This paper is dedicated to the analysis of forward backward stochastic differential equations driven by a L{\'e}vy process. We assume that the generator and the terminal condition are path-dependent and satisfy a local Lipschitz condition.…

Probability · Mathematics 2025-10-03 Hannah Geiss , Céline Labart , Adrien Richou , Alexander Steinicke

In this paper, we establish a general representation theorem for generator of backward stochastic differential equation (BSDE), whose generator has a quadratic growth in $z$. As some applications, we obtain a general converse comparison…

Probability · Mathematics 2015-07-21 Shiqiu Zheng , Shoumei Li

We are concerned with the discretization of a solution of a Forward-Backward stochastic differential equation (FBSDE) with a jump process depending on the Brownian motion. In this paper, we study the cases of Lipschitz generators and the…

Probability · Mathematics 2015-03-10 Idris Kharroubi , Thomas Lim

We introduce and develop the concepts of Geometric Backward Stochastic Differential Equations (GBSDEs, for short) and two-driver BSDEs. We demonstrate their natural suitability for modeling continuous-time dynamic return risk measures. We…

Probability · Mathematics 2025-09-10 Roger J. A. Laeven , Emanuela Rosazza Gianin , Marco Zullino

In this paper, we prove new convergence results improving the ones by Chassagneux, Elie and Kharroubi [Ann. Appl. Probab. 22 (2012) 971--1007] for the discrete-time approximation of multidimensional obliquely reflected BSDEs. These BSDEs,…

Probability · Mathematics 2018-06-28 Jean-François Chassagneux , Adrien Richou

We discuss a class of Backward Stochastic Differential Equations(BSDEs) with no driving martingale. When the randomness of the driver depends on a general Markov process $X$, those BSDEs are denominated Markovian BSDEs and can be associated…

Probability · Mathematics 2017-12-29 Adrien Barrasso , Francesco Russo

In this paper, we prove the existence and uniqueness result of the reflected BSDE with two continuous barriers under monotonicity and general increasing condition on $y$, with Lipschitz condition on $z$.

Probability · Mathematics 2007-05-23 Mingyu Xu

This paper is dedicated to the presentation and the analysis of a numerical scheme for forward-backward SDEs of the McKean-Vlasov type, or equivalently for solutions to PDEs on the Wasserstein space. Because of the mean field structure of…

Probability · Mathematics 2017-03-07 Jean-François Chassagneux , Dan Crisan , François Delarue

In this paper, we study the fundamental statistical efficiency of Reinforcement Learning in Mean-Field Control (MFC) and Mean-Field Game (MFG) with general model-based function approximation. We introduce a new concept called Mean-Field…

Machine Learning · Computer Science 2024-10-04 Jiawei Huang , Batuhan Yardim , Niao He

In this paper, we study the doubly conditional reflected backward stochastic differential equations (BSDEs), where constraints are made on the conditional expectation of the first component of the solution with respect to a general…

Probability · Mathematics 2026-01-27 Hanwu Li

In the present article we provide existence, uniqueness and stability results under an exponential moments condition for quadratic semimartingale backward stochastic differential equations (BSDEs) having convex generators. We show that the…

Probability · Mathematics 2012-08-07 Markus Mocha , Nicholas Westray

In this paper, we deal with a class of reflected backward stochastic differential equations associated to the subdifferential operator of a lower semi-continuous convex function driven by Teugels martingales associated with L\'{e}vy…

Probability · Mathematics 2015-05-13 Yong Ren , Xiliang Fan
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