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We consider backward stochastic differential equations (BSDEs) related to finite state, continuous time Markov chains. We show that appropriate solutions exist for arbitrary terminal conditions, and are unique up to sets of measure zero. We…

Probability · Mathematics 2008-10-01 Samuel N. Cohen , Robert J. Elliott

In this paper, we provide an estimate for the solutions of reflected backward stochastic differential equations (RBSDEs) driven by a Markov chain, derive a continuous dependence property for their solutions with respect to the parameters of…

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

We solve a class of doubly reflected backward stochastic differential equation whose generator depends on the resistance due to reflections, which extend the recent work of Qian and Xu on reflected BSDE with one barrier. We then obtain the…

Probability · Mathematics 2011-10-28 Soufiane Aazizi

In this paper we study different algorithms for reflected backward stochastic differential equations (BSDE in short) with two continuous barriers basing on random work framework. We introduce different numerical algorithms by penalization…

Probability · Mathematics 2009-09-23 Mingyu Xu

This paper deals with the problem of existence and uniqueness of a solution for a backward stochastic differential equation (BSDE for short) with one reflecting barrier in the case when the terminal value, the generator and the obstacle…

Probability · Mathematics 2008-07-14 Said Hamadene , Alexandre Popier

In this paper, we introduce a new kind of "variant" reflected backward doubly stochastic differential equations (VRBDSDEs in short), where the drift is the nonlinear function of the barrier process. In the one stochastic case, this type of…

Probability · Mathematics 2011-08-04 Auguste Aman , Yong Ren

In this paper, we deal with a class of one-dimensional reflected backward stochastic differential equations with stochastic Lipschitz coefficient. We derive the existence and uniqueness of the solutions for those equations via Snell…

Probability · Mathematics 2015-01-06 Wen Lu

Since the celebrated paper by El Karoui, Peng and Quenez [Mathematical Finance, 7 (1997), 1--71], backward stochastic differential equations have found wide applications in stochastic control, financial technology and machine learning. In…

Probability · Mathematics 2026-02-12 Shengjun Fan , Ying Hu , Shanjian Tang

In this paper, we deal with a new type of differential equations called anticipated backward doubly stochastic differential equations (anticipated BDSDEs). The coefficients of these BDSDEs depend on the future value of the solution $(Y,…

Probability · Mathematics 2013-07-10 Xiaoming Xu

Most previous contributions to BSDEs, and the related theories of nonlinear expectation and dynamic risk measures, have been in the framework of continuous time diffusions or jump diffusions. Using solutions of BSDEs on spaces related to…

Computational Finance · Quantitative Finance 2010-01-14 Samuel N. Cohen , Robert J. Elliott

In this paper, we study a multi-dimensional backward stochastic differential equation (BSDE) with oblique reflection, which is a BSDE reflected on the boundary of a special unbounded convex domain along an oblique direction, and which…

Probability · Mathematics 2007-07-04 Ying Hu , Shanjian Tang

In this paper, we analyze the mean field backward stochastic differential equations (MFBSDEs) with double mean reflections, whose generator and constraints both depend on the distribution of the solution. When the generator is Lipschitz…

Probability · Mathematics 2026-01-12 Hanwu Li , Jin Shi

In this article, we build upon the work of Soner, Touzi and Zhang [Probab. Theory Related Fields 153 (2012) 149-190] to define a notion of a second order backward stochastic differential equation reflected on a lower c\`adl\`ag obstacle. We…

Probability · Mathematics 2015-04-07 Anis Matoussi , Dylan Possamaï , Chao Zhou

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 a collection of mean-reflected backward stochastic differential equations driven by $G$-Brownian motions ($G$-BSDEs), where $G$-expectations are constrained in some time-dependent intervals. To establish…

Probability · Mathematics 2024-07-26 Zihao Gu , Hui Zhao

In this paper, we introduce a class of backward stochastic equations (BSEs) that extend classical BSDEs and include many interesting examples of generalized BSDEs as well as semimartingale backward equations. We show that a BSE can be…

Probability · Mathematics 2017-03-28 Patrick Cheridito , Kihun Nam

In this paper, we study the reflected solutions of one-dimensional backward stochastic differential equations driven by G-Brownian motion (RGBSDE for short). The reflection keeps the solution above a given stochastic process. In order to…

Probability · Mathematics 2017-06-01 Hanwu Li , Shige Peng

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 existence and uniqueness to multidimensional Reflected Backward Stochastic Differential Equation in an open convex domain, allowing for oblique directions of reflection. In a Markovian framework, combining \emph{a…

Probability · Mathematics 2018-07-18 Jean-François Chassagneux , Adrien Richou

This paper introduces a class of backward stochastic differential equations (BSDEs), whose coefficients not only depend on the value of its solutions of the present but also the past and the future. For a sufficiently small time delay or a…

Probability · Mathematics 2019-02-26 Shiqiu Zheng , Gaofeng Zong