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We study supersolutions of a backward stochastic differential equation, the control processes of which are constrained to be continuous semimartingales of the form $dZ = {\Delta}dt + {\Gamma}dW$. The generator may depend on the…

概率论 · 数学 2016-04-20 Gregor Heyne , Michael Kupper , Christoph Mainberger , Ludovic Tangpi

We consider the minimal super-solution of a backward stochastic differential equation with constraint on the gains-process. The terminal condition is given by a function of the terminal value of a forward stochastic differential equation.…

概率论 · 数学 2014-09-19 Bruno Bouchard , Romuald Elie , Ludovic Moreau

We show existence and uniqueness of solutions to BSDEs of the form $$ Y_t = \xi + \int_t^T f(s,Y_s,Z_s)ds - \int_t^T Z_s dW_s$$ in the case where the terminal condition $\xi$ has bounded Malliavin derivative. The driver $f(s,y,z)$ is…

概率论 · 数学 2013-11-12 Patrick Cheridito , Kihun Nam

We study the nonlinear operator of mapping the terminal value $\xi$ to the corresponding minimal supersolution of a backward stochastic differential equation with the generator being monotone in $y$, convex in $z$, jointly lower…

概率论 · 数学 2013-12-16 Samuel Drapeau , Gregor Heyne , Michael Kupper

We provide existence results and comparison principles for solutions of backward stochastic difference equations (BS$\Delta$Es) and then prove convergence of these to solutions of backward stochastic differential equations (BSDEs) when the…

概率论 · 数学 2013-07-24 Patrick Cheridito , Mitja Stadje

In [Stochastc Process. Appl., 122(9):3173-3208], the author proved the existence and the uniqueness of solutions to Markovian superquadratic BSDEs with an unbounded terminal condition when the generator and the terminal condition are…

概率论 · 数学 2013-05-16 Federica Masiero , Adrien Richou

We prove a uniqueness result of the unbounded solution for a quadratic backward stochastic differential equation whose terminal condition is unbounded and whose generator $g$ may be non-Lipschitz continuous in the state variable $y$,…

概率论 · 数学 2019-05-31 Shengjun Fan , Ying Hu , Shanjian Tang

We introduce a new class of Backward Stochastic Differential Equations in which the $T$-terminal value $Y_{T}$ of the solution $(Y,Z)$ is not fixed as a random variable, but only satisfies a weak constraint of the form $E[\Psi(Y_{T})]\ge…

概率论 · 数学 2014-02-25 Bruno Bouchard , Romuald Elie , Anthony Réveillac

In a recent paper, Bouchard, Elie and Reveillac \cite{BER} have studied a new class of Backward Stochastic Differential Equations with weak terminal condition, for which the $T$-terminal value $Y_T$ of the solution $(Y,Z)$ is not fixed as a…

概率论 · 数学 2016-02-02 Roxana Dumitrescu

We study the existence of a minimal supersolution for backward stochastic differential equations when the terminal data can take the value +$\infty$ with positive probability. We deal with equations on a general filtered probability space…

概率论 · 数学 2015-12-29 T Kruse , A Popier

In this paper, we study one-dimensional backward stochastic differential equation (BSDE, for short), whose coefficient $f$ is Lipschitz in $y$ but only continuous in $z$. In addition, if the terminal condition $\xi$ has bounded Malliavin…

概率论 · 数学 2022-08-09 Yufeng Shi , Zhi Yang

With the terminal value $|\xi|$ admitting some given exponential moment, we put forward and prove several existence and uniqueness results for the unbounded solutions of quadratic backward stochastic differential equations whose generators…

概率论 · 数学 2024-09-23 Yan Wang , Yaqi Zhang , Shengjun Fan

We study the existence and uniqueness of minimal supersolutions of backward stochastic differential equations with generators that are jointly lower semicontinuous, bounded below by an affine function of the control variable and satisfy a…

概率论 · 数学 2011-10-17 Gregor Heyne , Michael Kupper , Christoph Mainberger

We present a theory of backward stochastic differential equations in continuous time with an arbitrary filtered probability space. No assumptions are made regarding the left continuity of the filtration, of the predictable quadratic…

概率论 · 数学 2012-10-15 Samuel N. Cohen , Robert J. Elliott

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.…

概率论 · 数学 2025-10-03 Hannah Geiss , Céline Labart , Adrien Richou , Alexander Steinicke

We consider an infinite horizon, obliquely reflected backward stochastic differential equation (RBSDE). The main contribution of the present work is that we generalize previous results on infinite horizon reflected BSDEs to the setting…

概率论 · 数学 2023-09-21 Magnus Perninge

We establish a general existence and uniqueness result of $L^1$ solution for a multidimensional backward stochastic differential equation (BSDE for short) with generator $g$ satisfying a one-sided Osgood condition as well as a general…

概率论 · 数学 2017-01-17 ShengJun Fan

We investigate conditions for solvability and Malliavin differentiability of backward stochastic differential equations driven by a L\'evy process. In particular, we are interested in generators which satisfy a locally Lipschitz condition…

概率论 · 数学 2019-06-14 Christel Geiss , Alexander Steinicke

In this paper we prove some uniqueness results for quadratic backward stochastic differential equations without any convexity assumptions on the generator. The bounded case is revisited while some new results are obtained in the unbounded…

概率论 · 数学 2020-08-26 Philippe Briand , Adrien Richou

We prove the existence of a weak solution to a backward stochastic differential equation (BSDE) $$ Y_t=\xi+\int_t^T f(s,X_s,Y_s,Z_s)\,ds-\int_t^T Z_s\,d\wien_s$$ in a finite-dimensional space, where $f(t,x,y,z)$ is affine with respect to…

概率论 · 数学 2013-08-20 Nadira Bouchemella , Paul Raynaud De Fitte
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