A BSDE with delayed generator approach to pricing under counterparty risk and collateralization

F Cordoni, L Di Persio - International Journal of Stochastic …, 2016‏ - Wiley Online Library
We consider a nonlinear pricing problem that takes into account credit risk and funding
issues. The aforementioned problem is formulated as a stochastic forward‐backward system …

A probabilistic method for a class of non-Lipschitz BSDEs with application to fund management

J Han, SC Phillip Yam - SIAM Journal on Control and Optimization, 2022‏ - SIAM
The present work is devoted to a study of the solvability of a class of non-Lipschitz and
noncanonical backward stochastic differential equations (BSDEs) that naturally arises from …

A nonlinear Kolmogorov equation for stochastic functional delay differential equations with jumps

F Cordoni, L Di Persio, I Oliva - Nonlinear Differential Equations and …, 2017‏ - Springer
We consider a stochastic functional delay differential equation, namely an equation whose
evolution depends on its past history as well as on its present state, driven by a pure …

Stochastic Maximum Principle for Optimal Liquidation with Control-Dependent Terminal Time

R Cesari, H Zheng - Applied Mathematics & Optimization, 2022‏ - Springer
In this paper we study a general optimal liquidation problem with a control-dependent
stop** time which is the first time the stock holding becomes zero or a fixed terminal time …

Semilinear Kolmogorov equations on the space of continuous functions via BSDEs

F Masiero, C Orrieri, G Tessitore, G Zanco - Stochastic Processes and their …, 2021‏ - Elsevier
We deal with a class of semilinear parabolic PDEs on the space of continuous functions that
arise, for example, as Kolmogorov equations associated to the infinite-dimensional lifting of …

Feynman–Kac formula for BSDEs with jumps and time delayed generators associated to path-dependent nonlinear Kolmogorov equations

L Di Persio, M Garbelli, A Zălinescu - Nonlinear Differential Equations and …, 2023‏ - Springer
We consider a system of forward backward stochastic differential equations (FBSDEs) with a
time-delayed generator driven by Lévy-type noise. We establish a non-linear Feynman–Kac …

SDEs and MFGs towards Machine Learning applications

M Garbelli - 2023‏ - tesidottorato.depositolegale.it
We present results that span three interconnected domains. Initially, our analysis is centred
on Backward Stochastic Differential Equations (BSDEs) featuring time-delayed generators …

[HTML][HTML] Time-delayed generalized BSDEs

L Di Persio, M Garbelli, L Maticiuc… - Stochastic Processes and …, 2024‏ - Elsevier
We prove the existence and uniqueness of the solution of a BSDE with time-delayed
generators in the small delay setting (or equivalently small Lipschitz constant), which …

BSDEs and SDEs with time-advanced and-delayed coefficients

S Zheng, G Zong - Stochastics, 2019‏ - Taylor & Francis
This paper introduces a class of backward stochastic differential equations (BSDEs), whose
coefficients not only depend on the value of its solutions of the present but also the past and …

Portfolio optimization in presence of a self-exciting jump process: from theory to practice

A Veronese - 2022‏ - tesidottorato.depositolegale.it
We aim at generalizing the celebrated portfolio optimization problem" à la Merton", where
the asset evolution is steered by a self-exciting jump-diffusion process. We first define the …