Search results for "Poisson random measure"

showing 2 items of 2 documents

Existence, uniqueness and comparison results for BSDEs with Lévy jumps in an extended monotonic generator setting

2018

We show existence of a unique solution and a comparison theorem for a one-dimensional backward stochastic differential equation with jumps that emerge from a L\'evy process. The considered generators obey a time-dependent extended monotonicity condition in the y-variable and have linear time-dependent growth. Within this setting, the results generalize those of Royer (2006), Yin and Mao (2008) and, in the $L^2$-case with linear growth, those of Kruse and Popier (2016). Moreover, we introduce an approximation technique: Given a BSDE driven by Brownian motion and Poisson random measure, we consider BSDEs where the Poisson random measure admits only jumps of size larger than $1/n$. We show con…

Comparison theorembackward stochastic differential equationMonotonic function01 natural sciencesLévy processlcsh:QA75.5-76.95010104 statistics & probabilityMathematics::ProbabilityApplied mathematicsUniqueness0101 mathematicsBrownian motionstokastiset prosessitMathematicsLévy processResearch010102 general mathematicsComparison resultsPoisson random measureBackward stochastic differential equationlcsh:Electronic computers. Computer science60H10lcsh:Probabilities. Mathematical statisticscomparison theoremlcsh:QA273-280differentiaaliyhtälötMathematics - ProbabilityGenerator (mathematics)existence and uniquenessProbability, Uncertainty and Quantitative Risk
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$L_2$-variation of L\'{e}vy driven BSDEs with non-smooth terminal conditions

2016

We consider the $L_2$-regularity of solutions to backward stochastic differential equations (BSDEs) with Lipschitz generators driven by a Brownian motion and a Poisson random measure associated with a L\'{e}vy process $(X_t)_{t\in[0,T]}$. The terminal condition may be a Borel function of finitely many increments of the L\'{e}vy process which is not necessarily Lipschitz but only satisfies a fractional smoothness condition. The results are obtained by investigating how the special structure appearing in the chaos expansion of the terminal condition is inherited by the solution to the BSDE.

Statistics and Probability$L_{2}$-regularityPure mathematicsSmoothness (probability theory)Malliavin calculus010102 general mathematicsChaos expansionPoisson random measureFunction (mathematics)Lipschitz continuityMalliavin calculus01 natural sciencesLévy process010104 statistics & probabilityStochastic differential equationMathematics::ProbabilityLévy processesbackward stochastic differential equations0101 mathematicsL 2 -regularityBrownian motionMathematics - ProbabilityMathematics
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