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The motivation of this paper is to prove verification theorems for stochastic optimal control of finite dimensional diffusion processes without control in the diffusion term, in the case that the value function is assumed to be continuous…

Probability · Mathematics 2007-05-23 Fausto Gozzi , Francesco Russo

In this paper we explain how the notion of ''weak Dirichlet process'' is the suitable generalization of the one of semimartingale with jumps. For such a process we provide a unique decomposition which is new also for semimartingales: in…

Probability · Mathematics 2022-07-04 Elena Bandini , Francesco Russo

The main objective consists in generalizing a well-known It{\^o} formula of J. Jacod and A. Shiryaev: given a c{\`a}dl{\`a}g process S, there is an equivalence between the fact that S is a semimartingale with given characteristics (B^k , C,…

Probability · Mathematics 2024-07-25 Elena Bandini , Francesco Russo

The present paper continues the study of infinite dimensional calculus via regularization, started by C. Di Girolami and the second named author, introducing the notion of "weak Dirichlet process" in this context. Such a process $\X$,…

Probability · Mathematics 2016-06-14 Giorgio Fabbri , Francesco Russo

Let $U,H$ be two separable Hilbert spaces. The main goal of this paper is to study the weak uniqueness of the Stochastic Differential Equation evolving in $H$ \begin{align*} dX(t)=AX(t)dt+\mathcal{V}B(X(t))dt+GdW(t), \quad t>0, \quad X(0)=x…

Probability · Mathematics 2025-02-28 Davide Addona , Davide Augusto Bignamini

In this paper we initiate the mathematical analysis of a system of nonlinear Stochastic Partial Differential equations describing the motion of turbulent Non-Newtonian media in the presence of fluctuating magnetic field. The system is…

Analysis of PDEs · Mathematics 2015-07-06 Paul Andre Razafimandimby , Mamadou Sango

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

We exhibit conditions under which the flow of marginal distributions of a discontinuous semimartingale $\xi$ can be matched by a Markov process, whose infinitesimal generator is expressed in terms of the local characteristics of $\xi$. Our…

Probability · Mathematics 2012-05-17 Amel Bentata , Rama Cont

We provide an It\^o's formula for $C^1$-functionals of flows of conditional marginal distributions of continuous semimartingales. This is based on the notion of weak Dirichlet process, and extends the $C^1$-It\^o's formula in Gozzi and…

Probability · Mathematics 2024-04-30 Bruno Bouchard , Xiaolu Tan , Jixin Wang

In a noise driving by a multivariate point process $\mu$ with predictable compensator $\nu$, we prove existence and uniqueness of the reflected backward stochastic differential equation's solution with a lower obstacle…

Probability · Mathematics 2023-10-03 Brahim Baadi , Mohamed Marzougue

We show weak existence and uniqueness in law for a general class of stochastic differential equations in $\mathbb{R}^d$, $d\ge 1$, with prescribed sub-invariant measure $\widehat{\mu}$. The dispersion and drift coefficients of the…

Probability · Mathematics 2025-05-19 Haesung Lee , Gerald Trutnau

We introduce a fractional variant of the Cahn-Hilliard equation settled in a bounded domain and with a possibly singular potential. We first focus on the case of homogeneous Dirichlet boundary conditions, and show how to prove the existence…

Analysis of PDEs · Mathematics 2024-08-12 Elisa Davoli , Chiara Gavioli , Luca Lombardini

For a real-valued one dimensional diffusive strict local martingale,, we provide a set of smooth functions in which the Cauchy problem has a unique classical solution under a local H\"older condition. Under the weaker Engelbert-Schmidt…

Mathematical Finance · Quantitative Finance 2022-05-11 Umut Cetin , Kasper Larsen

We construct non-negative martingale solutions to the stochastic porous medium equation in one dimension with homogeneous Dirichlet boundary conditions which exhibit a type of sticky behavior at zero. The construction uses the stochastic…

Probability · Mathematics 2024-11-12 Ben Hambly , Dörte Kreher , Konstantins Starovoitovs

Using results from our companion article [arXiv:1112.4824v2] on a Schauder approach to existence of solutions to a degenerate-parabolic partial differential equation, we solve three intertwined problems, motivated by probability theory and…

Probability · Mathematics 2016-04-08 Paul M. N. Feehan , Camelia Pop

We show that for a quantum $L^p$-martingale $(X(t))$, $p>2$, there exists a Doob-Meyer decomposition of the submartingale $(|X(t)|^2)$. A noncommutative counterpart of a classical process continuous with probability one is introduced, and a…

Operator Algebras · Mathematics 2007-05-23 Andrzej Luczak

We consider systems of stochastic differential equations of the form \[ \d X_t^i = \sum_{j=1}^d A_{ij}(X_{t-}) \d Z_t^j\] for $i=1,\dots,d$ with continuous, bounded and non-degenerate coefficients. Here $Z_t^1,\dots,Z_t^d$ are independent…

Probability · Mathematics 2019-10-11 Jamil Chaker

In this paper, we consider the stochastic %equations of incompressible non-Newtonian fluids driven by a cylindrical Wiener process $W$ with shear rate dependent on viscosity in a bounded Lipschitz domain $D\in \mathbb{R}^n$ during the time…

Analysis of PDEs · Mathematics 2017-01-06 Zhong Tan , Huaqiao Wang , Yucong Wang

In this paper we introduce the concept of conic martingales}. This class refers to stochastic processes having the martingale property, but that evolve within given (possibly time-dependent) boundaries. We first review some results about…

Probability · Mathematics 2016-03-25 Frédéric Vrins , Monique Jeanblanc

We consider SDEs with (distributional) drift in negative Besov spaces and random initial condition and investigate them from two different viewpoints. In the first part we set up a martingale problem and show its well-posedness.We then…

Probability · Mathematics 2024-03-08 Elena Issoglio , Francesco Russo
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