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This paper studies the existence and uniqueness of solution of It\^o type stochastic differential equation $dx(t)=b(t, x(t), \om)dt+\si(t,x(t), \om) d B(t)$, where $B(t)$ is a fractional Brownian motion of Hurst parameter $H>1/2$ and…

Probability · Mathematics 2016-12-20 Yaozhong Hu

Our aim is to study the following new type of multivalued backward stochastic differential equation: \[ \left\{\begin{array} [c]{r}-dY\left(t\right) +\partial\varphi\left(Y\left(t\right)\right) dt\ni…

Probability · Mathematics 2015-10-30 Bakarime Diomande , Lucian Maticiuc

The primary goal of this paper is to prove a near-martingale optional stopping theorem and establish solvability and large deviations for a class of anticipating linear stochastic differential equations. We prove the existence and…

Probability · Mathematics 2022-04-06 Hui-Hsiung Kuo , Pujan Shrestha , Sudip Sinha , Padmanabhan Sundar

In the article, integration of temporal functions in (possibly non-UMD) Banach spaces with respect to (possibly non-Gaussian) fractional processes from a finite sum of Wiener chaoses is treated. The family of fractional processes that is…

Probability · Mathematics 2020-12-18 Petr Čoupek , Bohdan Maslowski , Martin Ondreját

In this article, we introduce the notion of the Riemann-Liouville fractional integral of set-valued mappings via integrable selections. We establish fundamental properties of this fractional integral, including convexity, boundedness, and…

Dynamical Systems · Mathematics 2025-12-30 Subhash Chandra , Syed Abbas

The objective of this work is to prove, in a first step, the existence and the uniqueness of a solution of the following multivalued deterministic differential equation: $dx(t)+\partial ^-\varphi (x(t))(dt)\ni dm(t),\ t>0$, $x(0)=x_0$,…

Dynamical Systems · Mathematics 2015-10-30 Rainer Buckdahn , Lucian Maticiuc , Etienne Pardoux , Aurel Răşcanu

In this paper we shall establish an existence and uniqueness result for solutions of multidimensional, time dependent, stochastic differential equations driven simultaneously by a multidimensional fractional Brownian motion with Hurst…

Probability · Mathematics 2015-11-03 José Luís da Silva , Mohamed Erraoui , El Hassan Essaky

In this paper, we mainly focus on the set-valued (stochastic) analysis on the space of convex, closed, but possibly unbounded sets, and try to establish a useful theoretical framework for studying the set-valued stochastic differential…

Probability · Mathematics 2024-03-26 Atiqah Almuzaini , Jin Ma

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

This paper introduces a backward stochastic differential equation driven by both Brownian motion and a Markov chain (BSDEBM). Regime-switching is also incorporated through its driver. The existence and uniqueness of the solution of the…

Probability · Mathematics 2022-03-08 Engel John C. Dela Vega , Robert J. Elliott

Let $(\mathcal{E},D(\mathcal{E}))$ be a quasi-regular semi-Dirichlet form and $(X_t)_{t\geq0}$ be the associated Markov process. For $u\in D(\mathcal{E})_{loc}$, denote $A_t^{[u]}:=\tilde{u}(X_{t})-\tilde{u}(X_{0})$ and…

Probability · Mathematics 2014-06-11 Chuan-Zhong Chen , Li Ma , Wei Sun

We derive a functional change of variable formula for {\it non-anticipative} functionals defined on the space of right continuous paths with left limits. The functional is only required to possess certain directional derivatives, which may…

Probability · Mathematics 2010-04-09 Rama Cont , David-Antoine Fournie

The paper deals with convergence of solutions of a class of stochastic differential equations driven by infinite-dimensional semimartingales. The infinite-dimensional semimartingales considered in the paper are Hilbert-space valued. The…

Probability · Mathematics 2011-11-29 Arnab Ganguly

This work explores the use of a forward-backward martingale method together with a decoupling argument and entropic estimates between the conditional and averaged measures to prove a strong averaging principle for stochastic differential…

Probability · Mathematics 2017-09-18 Bob Pepin

Rough stochastic volatility models have attracted a lot of attentions recently, in particular for the linear option pricing problem. In this paper, starting with power utilities, we propose to use a martingale distortion representation of…

Mathematical Finance · Quantitative Finance 2017-12-12 Jean-Pierre Fouque , Ruimeng Hu

Let $X$ be a continuous-path martingale and let $Y$ be a stochastic integral, with respect to $X$, of some predictable process with values in $[-1,1]$. We provide an explicit formula for Burkholder's function associated with the weighted…

Probability · Mathematics 2020-03-10 Rodrigo Banuelos , Michal Brzozowski , Adam Osekowski

In this paper, we investigate the optimal control problem for systems driven by mixed fractional Brownian motion (including a fractional Brownian motion with Hurst parameter $H>1/2$ and the standard Brownian motion). By using Malliavin…

Optimization and Control · Mathematics 2024-12-25 Yuhang Li , Yuecai Han

In this paper we consider the three-dimensional compressible MHD system with stochastic external forces in a bounded domain. We obtain the existence of martingale solution which is a weak solution for the fluid variables, the Brownian…

Analysis of PDEs · Mathematics 2024-09-19 Huaqiao Wang

We introduce a new concept of dissipative measure-valued martingale solutions to the stochastic compressible Euler equations. These solutions are weak in the probabilistic sense i.e., the probability space and the driving Wiener process are…

Analysis of PDEs · Mathematics 2020-12-15 Martina Hofmanova , Ujjwal Koley , Utsab Sarkar

Using properties of backward stochastic differential equations we give new proofs of some well known results on BMO martingales and improve some estimates of BMO norms.

Probability · Mathematics 2012-05-08 Besik Chikvinidze , Michael Mania