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相关论文: The Bass functional of martingale transport

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Given $\mu$ and $\nu$, probability measures on $\mathbb R^d$ in convex order, a Bass martingale is arguably the most natural martingale starting with law $\mu$ and finishing with law $\nu$. Indeed, this martingale is obtained by stretching…

概率论 · 数学 2024-07-29 Julio Backhoff-Veraguas , Gudmund Pammer , Walter Schachermayer

An intriguing question in martingale optimal transport is to characterize the martingale with prescribed initial and terminal marginals whose transition kernel is as Gaussian as possible. In this work we address an extension of this…

概率论 · 数学 2024-02-09 Bertram Tschiderer

In classical optimal transport, the contributions of Benamou$-$Brenier and McCann regarding the time-dependent version of the problem are cornerstones of the field and form the basis for a variety of applications in other mathematical…

We develop a numerical method for the martingale analogue of the Benamou--Brenier optimal transport problem, which seeks a martingale interpolating two prescribed marginals which is closest to the Brownian motion. Recent contributions have…

计算金融 · 定量金融 2026-03-10 Manuel Hasenbichler , Benjamin Joseph , Gregoire Loeper , Jan Obloj , Gudmund Pammer

We show continuity of the martingale optimal transport optimisation problem as a functional of its marginals. This is achieved via an estimate on the projection in the nested/causal Wasserstein distance of an arbitrary coupling on to the…

概率论 · 数学 2022-06-22 Johannes Wiesel

We introduce and study geometric Bass martingales. Bass martingales were introduced in \cite{Ba83} and studied recently in a series of works, including \cite{BaBeHuKa20,BaBeScTs23}, where they appear as solutions to the martingale version…

概率论 · 数学 2025-02-12 Julio Backhoff , Gregoire Loeper , Jan Obloj

The martingale part in the semimartingale decomposition of a Brownian motion with respect to an enlargement of its filtration, is an anticipative mapping of the given Brownian motion. In analogy to optimal transport theory, we define causal…

概率论 · 数学 2017-12-13 Beatrice Acciaio , Julio Backhoff Veraguas , Anastasiia Zalashko

In previous work J. Backhoff-Veraguas, M. Beiglb\"ock and the present authors showed that the notions of stretched Brownian motion and Bass martingale between two probability measures on Euclidean space coincide if and only if these two…

概率论 · 数学 2024-06-18 Walter Schachermayer , Bertram Tschiderer

We consider an irreducible pair $\mu \leq_c \nu$ of probability measures on $\mathbb{R}^d$ in convex order. In arXiv:2306.11019, Backhoff, Beiglb\"ock, Schachermayer and Tschiderer have shown that the Stretched Brownian Motion from $\mu$ to…

概率论 · 数学 2025-08-28 Walter Schachermayer , Pietro Siorpaes

We provide a solution to the problem of optimal transport by Brownian martingales in general dimensions whenever the transport cost satisfies certain subharmonic properties in the target variable, as well as a stochastic version of the…

偏微分方程分析 · 数学 2020-10-07 Nassif Ghoussoub , Young-Heon Kim , Aaron Zeff Palmer

The basic problem of optimal transportation consists in minimizing the expected costs $\mathbb {E}[c(X_1,X_2)]$ by varying the joint distribution $(X_1,X_2)$ where the marginal distributions of the random variables $X_1$ and $X_2$ are…

概率论 · 数学 2016-08-14 Mathias Beiglböck , Nicolas Juillet

This paper focuses on martingale optimal transport problems when the martingales are assumed to have bounded quadratic variation. First, we give a result that characterizes the existence of a probability measure satisfying some convex…

概率论 · 数学 2020-03-18 Erhan Bayraktar , Xin Zhang , Zhou Zhou

Continuity of the value of the martingale optimal transport problem on the real line w.r.t. its marginals was recently established in Backhoff-Veraguas and Pammer [2] and Wiesel [21]. We present a new perspective of this result using the…

概率论 · 数学 2021-04-23 Ariel Neufeld , Julian Sester

We investigate existence of dual optimizers in one-dimensional martingale optimal transport problems. While [BNT16] established such existence for weak (quasi-sure) duality, [BHP13] showed existence for the natural stronger pointwise…

概率论 · 数学 2017-05-12 Mathias Beiglboeck , Tongseok Lim , Jan Obłój

A convex duality result for martingale optimal transport problems with two marginals was established in Beiglb\"ock et al. (2013). In this paper we provide a generalization of this result to the multi-period setting.

概率论 · 数学 2024-03-06 Julian Sester

In this work we derive a convex dual representation for increasing convex functionals on a space of real-valued Borel measurable functions defined on a countable product of metric spaces. Our main assumption is that the functionals fulfill…

泛函分析 · 数学 2017-02-22 Daniel Bartl , Patrick Cheridito , Michael Kupper , Ludovic Tangpi

We consider the problem of minimizing the entropy of a law with respect to the law of a reference branching Brownian motion under density constraints at an initial and final time. We call this problem the branching Schr\"odinger problem by…

概率论 · 数学 2021-12-14 Aymeric Baradat , Hugo Lavenant

We consider the optimal mass transportation problem in $\RR^d$ with measurably parameterized marginals, for general cost functions and under conditions ensuring the existence of a unique optimal transport map. We prove a joint measurability…

概率论 · 数学 2008-09-09 Joaquin Fontbona , Helene Guerin , Sylvie Meleard

It is well known that martingale transport plans between marginals $\mu\neq\nu$ are never given by Monge maps -- with the understanding that the map is over the first marginal $\mu$, or forward in time. Here, we change the perspective, with…

概率论 · 数学 2024-07-03 Marcel Nutz , Ruodu Wang , Zhenyuan Zhang

It is well known that upward conditioned Brownian motion is a three-dimensional Bessel process, and that a downward conditioned Bessel process is a Brownian motion. We give a simple proof for this result, which generalizes to any continuous…

概率论 · 数学 2012-10-10 Nicolas Perkowski , Johannes Ruf
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