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We study the obstacle problem for integro-differential operators of order $2s$, with $s\in (0,1)$. Our main result establishes that the free boundary is $C^{1,\gamma}$ and $u\in C^{1,s}$ near all regular points. Namely, we prove the…

偏微分方程分析 · 数学 2017-06-07 Luis Caffarelli , Xavier Ros-Oton , Joaquim Serra

We consider fractional operators of the form $$\mathcal{H}^s=(\partial_t -\mathrm{div}_{x} ( A(x,t)\nabla_{x}))^s,\ (x,t)\in\mathbb R^n\times\mathbb R,$$ where $s\in (0,1)$ and $A=A(x,t)=\{A_{i,j}(x,t)\}_{i,j=1}^{n}$ is an accretive,…

偏微分方程分析 · 数学 2022-10-04 M. Litsgård , K. Nyström

We consider the semilinear problem \[ \Delta u = \lambda_+ \left(-\log u^+\right) 1_{\{u > 0\}} - \lambda_- \left(-\log u^- \right) 1_{\{u < 0\}} \qquad \hbox{ in } B_1, \] where $B_1$ is the unit ball in $\mathbb{R}^n$ and assume…

偏微分方程分析 · 数学 2020-09-10 Dennis Kriventsov , Henrik Shahgholian

We prove optimal regularity for the double obstacle problem when obstacles are given by solutions to Hamilton-Jacobi equations that are not $C^2$. When the Hamilton-Jacobi equation is not $C^2$ then the standard Bernstein technique fails…

偏微分方程分析 · 数学 2015-06-03 John Andersson , Henrik Shahgholian , Georg S. Weiss

This note is a synthesis of my reflexions on some questions that have emerged during the MATRIX event "Recent Trends on Nonlinear PDEs of Elliptic and Parabolic Type" concerning the qualitative properties of solutions to some non local…

偏微分方程分析 · 数学 2019-03-04 Jérôme Coville

The obstacle problem is a class of free boundary problems which finds applications in many disciplines such as porous media, financial mathematics and optimal control. In this paper, we propose two operator-splitting methods to solve the…

数值分析 · 数学 2023-02-08 Hao Liu , Dong Wang

A new mathematical model for the Black-Scholes equation is proposed to forecast option prices. This model includes new interval for the price of the underlying stock as well as new initial and boundary conditions. Conventional notions of…

数理金融 · 定量金融 2015-03-13 Michael V. Klibanov , Andrey V. Kuzhuget

We prove an existence and uniqueness result for quasilinear Stochastic PDEs with obstacle (OSPDE in short). Our method is based on analytical technics coming from the parabolic potential theory. The solution is expressed as a pair $(u,\nu)$…

概率论 · 数学 2014-03-28 Laurent Denis , Anis Matoussi , Jing Zhang

We study the higher regularity of free boundaries in obstacle problems for integro-differential operators. Our main result establishes that, once free boundaries are $C^{1,\alpha}$, then they are $C^\infty$. This completes the study of…

偏微分方程分析 · 数学 2019-12-16 Nicola Abatangelo , Xavier Ros-Oton

This work addresses the problem of pricing American basket options in a multivariate setting, which includes among others, the Bachelier and the Black-Scholes models. In high dimensions, nonlinear partial differential equation methods for…

计算金融 · 定量金融 2017-06-05 Christian Bayer , Juho Häppölä , Raúl Tempone

We study perpetual American option pricing problems in an extension of the Black-Merton-Scholes model in which the dividend and volatility rates of the underlying risky asset depend on the running values of its maximum and maximum drawdown.…

概率论 · 数学 2016-04-12 Pavel V. Gapeev , Neofytos Rodosthenous

In this paper we are concerned with a two phase boundary obstacle-type problem for the bi-Laplace operator in the upper unit ball. The problem arises in connection with unilateral phenomena for flat elastic plates. It can also be seen as an…

偏微分方程分析 · 数学 2024-01-23 Donatella Danielli , Alaa Haj Ali

In this paper, we study some regularity issues concerning the gradient of weak solutions of $u_t - {\rm div} \mathcal{A}(x,t,\nabla u) = g$, where $\mathcal{A}(x,t,\nabla u)$ is modeled after the $p$-Laplace operator. The main results we…

偏微分方程分析 · 数学 2023-07-06 Karthik Adimurthi , Wontae Kim

In this paper, we study the existence and the summability of solutions to a Robin boundary value problem whose prototype is the following: $$ \begin{cases} -\text{div}(b(|u|)\nabla u)=f &\text{in }\Omega,\\[.2cm] \displaystyle\frac{\partial…

偏微分方程分析 · 数学 2024-07-16 Francesco Della Pietra , Giuseppina di Blasio , Teresa Radice

In this paper we continue to study a non-local free boundary problem arising in financial bubbles. We focus on the parabolic counterpart of the bubble problem and suggest an iterative algorithm which consists of a sequence of parabolic…

We introduce a new approach for the numerical pricing of American options. The main idea is to choose a finite number of suitable excessive functions (randomly) and to find the smallest majorant of the gain function in the span of these…

计算金融 · 定量金融 2013-10-17 Sören Christensen

We establish the existence, uniqueness, and $W^{1,2,p}$-regularity of solutions to fully-nonlinear, parabolic obstacle problems when the obstacle is the pointwise supremum of functions in $W^{1,2,p}$ and the nonlinear operator is required…

偏微分方程分析 · 数学 2026-04-08 Théo Durandard , Bruno Strulovici

We here establish the higher fractional differentiability for solutions to a class of obstacle problems with non-standard growth conditions. We deal with the case in which the solutions to the obstacle problems satisfy a variational…

偏微分方程分析 · 数学 2021-09-06 Antonio Giuseppe Grimaldi , Erica Ipocoana

Nonlinear parabolic equations are central to numerous applications in science and engineering, posing significant challenges for analytical solutions and necessitating efficient numerical methods. Exponential integrators have recently…

数值分析 · 数学 2024-12-24 Trung Hau Hoang

We use a characterization of the fractional Laplacian as a Dirichlet to Neumann operator for an appropriate differential equation to study its obstacle problem in perforated domains.

偏微分方程分析 · 数学 2007-11-15 L. A. Caffarelli , A. Mellet