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arXiv research

A locally-built, LLM-digested index of recent arXiv papers in quant finance, geometry/topology, and statistical ML — keyword search served straight from SQLite on this machine.

169,341 papers · 148 categories

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48 results for Minimal supersolutions

Study minimal supersolutions for BSDEs with infinite terminal values, solving portfolio liquidation problems.

problem Existence of minimal supersolutions for BSDEs with infinite terminal values.
method Generalized BSDEs on a general filtered probability space with singular terminal condition.
result Solved optimal portfolio liquidation problems using minimal supersolutions.

Paper aims to minimize ruin probability in insurance companies using Sparre Andersen model.

problem Minimizing ruin probability in insurance companies with Sparre Andersen surplus process.
method Markovization of the surplus process, investigation of value function's regularity, dynamic programming principle, and comparison of viscosity solutions.
result The value function is the unique constrained viscosity solution to the Hamilton-Jacobi-Bellman equation.

Improved bounds for online prediction with expert advice.

problem Online prediction with expert advice in finite-horizon games.
method Verification arguments from optimal control theory applied to PDEs to find sub- and supersolutions.
result Explicit bounds for any number of experts and horizon, improving upon previous results.

The paper characterizes dynamic return and star-shaped risk measures via BSDEs.

problem Characterizing dynamic return and star-shaped risk measures.
method Characterization of star-shaped functionals and BSDEs.
result Existence of convex BSDEs with non-empty set of supersolutions.

Gradient estimate for nonlocal minimal graphs in higher dimensions.

problem Establishing a gradient bound for nonlocal minimal graphs in higher dimensions.
method Using a truncated fractional Jacobi operator and a weak Harnack inequality, the gradient bound is derived.
result Gradient of nonlocal minimal graphs is bounded by a power of their oscillation.

In an equity market model with "Knightian" uncertainty regarding the relative risk and covariance structure of its assets, we characterize in several ways the highest return relative to the market that can be achieved using nonanticipative investment rules over a given time horizon, and under any admissible configurati…

2012-02-14abs ↗pdf ↗

The paper studies equations on almost Hermitian manifolds with estimates and existence results.

problem Solving Monge-Ampère type equations on compact almost Hermitian manifolds.
method Derives CC^{\infty} a priori estimates and obtains existence results under admissible conditions.
result Existence of solutions under admissible conditions for Monge-Ampère type equations.

Study optimal investment and consumption in a stochastic factor model.

problem Optimal investment and consumption decisions in a stochastic factor model.
method Characterization of well-posedness, numerical algorithm, and general theory of sub- and supersolutions for HJB equation.
result Proves existence and provides bounds for the solution to the HJB equation.

The paper proves the existence of finite-energy solutions to a specific elliptic equation on Riemannian manifolds.

problem Existence of finite-energy solutions to a singular elliptic equation on Riemannian manifolds.
method ε-regularized problems, mountain pass arguments, and limiting procedures.
result Existence of nonnegative finite-energy supersolutions under certain conditions.

Paper proves solutions for deformed Hermitian-Yang-Mills equation on almost Hermitian manifolds.

problem Existence of solutions for deformed Hermitian-Yang-Mills equation on almost Hermitian manifolds.
method Derive a priori estimates under the existence of an admissible C\mathcal{C}-subsolution; prove existence of solutions under the condition of existence of a supersolution.
result Proves existence of solutions for the deformed Hermitian-Yang-Mills equation.

Paper finds unique viscosity solution to complex control problems.

problem Complex stochastic control problems with singular terminal state constraints.
method Establishes existence of unique nonnegative continuous viscosity solution using novel comparison principle.
result Unique viscosity solution to HJB equation for linear-quadratic control problems.

Our goal is to resolve a problem proposed by Fernholz and Karatzas [On optimal arbitrage (2008) Columbia Univ.]: to characterize the minimum amount of initial capital with which an investor can beat the market portfolio with a certain probability, as a function of the market configuration and time to maturity. We show …

2010-06-13abs ↗pdf ↗

We develop classical globally supersymmetric theories. As much as possible, we treat various dimensions and various amounts of supersymmetry in a uniform manner. We discuss theories both in components and in superspace. Throughout we emphasize geometric aspects. The beginning chapters give a general discussion about su…

1999-01-20abs ↗pdf ↗

Optimal dividends for a two-branch insurance company modelled by stochastic processes.

problem Maximizing dividends for an insurance company with two branches under ruin constraints.
method Solving a stochastic control problem using Hamilton-Jacobi-Bellman equations.
result The optimal strategy and value function are found.

Proves existence of solution to Lichnerowicz equation on non-CMC manifolds.

problem Existence of positive solution to Lichnerowicz equation on non-CMC closed manifolds with supercritical terms.
method Employed a fixed-point argument involving sub- and supersolutions, with conditions on coefficients to prevent classical solutions.
result Proves existence of a positive and essentially bounded solution.

New method decomposes submartingale systems for BSDEs with weak constraints.

problem Tackles decomposition of submartingale systems for BSDEs with weak constraints.
method Introduces Yg,ξ\mathscr{Y}^{g,ξ}-submartingale systems and proves a Mertens decomposition using an original approach.
result Proves a Mertens decomposition for Yg,ξ\mathscr{Y}^{g,ξ}-submartingale systems.

New decomposition for submartingales aids American option hedging in incomplete markets.

problem Hedging American options in incomplete markets with jumps.
method Introduced nonlinear optional decomposition for Yg,ξ\mathscr{Y}^{g,ξ}-submartingales.
result Infinitesimal characterization of buyer's superhedging price.

Paper establishes estimates for nonlinear equations on compact manifolds.

problem Estimating solutions to fully nonlinear equations with gradient terms on compact almost Hermitian manifolds.
method Establishes second order estimates and proves existence of solutions for specific equations.
result Proves existence of solutions for various equations, including Monge-Ampère and Hessian equations.

We study viscosity solutions to complex hessian equations. In the local case, we consider ΩΩ a bounded domain in Cn,\mathbb{C}^n, ββ the standard Kähler form in Cn\mathcal{C}^n and 1mn.1\leq m\leq n. Under some suitable conditions on F,gF, g, we prove that the equation $(dd^c \varphi)^m\wedgeβ^{n-m}=F(x,\varphi)β^n,\ \f=…

2012-09-24abs ↗pdf ↗

The study establishes conditions for quasiregular mappings from Heisenberg groups to link complements.

problem Conditions for nonconstant quasiregular mappings from Heisenberg groups to link complements.
method Translation of a growth condition on fundamental groups into the existence of a supersolution to the 4-harmonic equation.
result A link complement admits a nonconstant quasiregular mapping from the Heisenberg group only if the link is empty, an unknot, or a Hopf link.

Study optimal dividend policies for firms with random profitability.

problem Firms face a trade-off between bankruptcy and profit extraction.
method General cash flow drifts (Ornstein-Uhlenbeck, CIR) considered; rigorous proofs, numerical scheme provided.
result Optimal strategy includes barrier and band strategies, voluntary liquidation.

The paper proves a Harnack inequality for heat equations on Finsler metric measure manifolds.

problem Proving a Harnack inequality for positive solutions to heat equations on Finsler metric measure manifolds.
method Volume comparison theorem, weighted Poincaré inequality, local uniform Sobolev inequality, mean value inequalities.
result Derives a Harnack inequality for positive solutions to heat equations.

The paper characterizes stochastic incompleteness in Riemannian manifolds.

problem Stochastic incompleteness of Riemannian manifolds and its characterization.
method Characterization through solutions to nonlinear parabolic equations.
result Stochastic incompleteness is equivalent to the nonuniqueness of bounded solutions to certain nonlinear parabolic equations.

Proves conditions for solving Einstein constraint equations on Euclidean manifolds.

problem Finding solutions to Einstein constraint equations on asymptotically Euclidean manifolds.
method Conformal method, Lichnerowicz equation, global supersolutions, limit equation criterion.
result Characterizes the Yamabe classes and solves the prescribed scalar curvature problem for nonpositive scalar curvatures.

Two insurance companies collaborate to maximize dividend payouts until ruin.

problem Maximizing dividends for two collaborating insurance companies with compound Poisson surplus processes.
method Solving a stochastic control problem using viscosity solutions and numerical approximation.
result Curve strategies identified as optimal, outperforming stand-alone companies.

Model financial market with fundraiser and stock, derive option prices.

problem Derive option prices in a market with a fundraiser and multiple solutions to the Black-Scholes equation.
method Model financial market with two types of agents, use Pitman's theorem for Bessel process, derive option prices using numerical scheme.
result Derive option prices for European options and call options in a market with a bubble.

Study optimal dividend strategies for insurers with natural catastrophe claims.

problem Maximizing dividends for a catastrophe insurer over its lifetime.
method Two-dimensional stochastic control problem, viscosity solutions, numerical approximation.
result Optimal dividend strategies identified for natural catastrophe insurers.

We prove existence of solutions to boundary value problems and obstacle problems for degenerate-elliptic, linear, second-order partial differential operators with partial Dirichlet boundary conditions using a new version of the Perron method. The elliptic operators considered have a degeneracy along a portion of the do…

2013-02-07abs ↗pdf ↗

It was recently proved that embedded solutions of Euclidean hypersurface flows with speeds given by concave (convex), degree one homogeneous functions of the Weingarten map are interior (exterior) non-collapsing. These results were subsequently extended to hypersurface flows in the sphere and hyperbolic space. In the f…

2013-10-02abs ↗pdf ↗

Study shows area-minimizing submanifolds are mostly smooth except for specific types.

problem Understanding when area-minimizing submanifolds are smooth in mod 2 homology.
method Proved area-minimizing submanifolds are not generically smooth except for geodesics, minimal surfaces, and minimal hypersurfaces.
result Area-minimizing submanifolds are not generically smooth, except for geodesics, minimal surfaces, and minimal hypersurfaces.

Study shows area-minimizing submanifolds are mostly smooth except for geodesics, minimal surfaces, and hypersurfaces.

problem Understanding when area-minimizing submanifolds are smooth in mod 2 homology.
method Proving the mod 2 area-minimizing submanifolds are smooth in specific cases and establishing lower bounds on singular sets.
result Area-minimizing submanifolds are not generically smooth, except for geodesics, minimal surfaces, and minimal hypersurfaces.

Minimal Lagrangian submanifolds deform to J-minimal ones under small perturbations.

problem Understanding how minimal Lagrangian submanifolds behave under small perturbations in Kaehler-Einstein manifolds.
method Analyzing the deformation of minimal Lagrangian submanifolds under Kaehler-Einstein perturbations.
result Deformed submanifolds remain J-minimal under certain conditions.