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Main Authors: Li, Juan, Li, Zhanxin, Xing, Chuanzhi
Format: Preprint
Published: 2024
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Online Access:https://arxiv.org/abs/2406.00286
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author Li, Juan
Li, Zhanxin
Xing, Chuanzhi
author_facet Li, Juan
Li, Zhanxin
Xing, Chuanzhi
contents For general mean-field backward stochastic differential equations (BSDEs) it is well-known that we usually do not have the comparison theorem if the coefficients depend on the law of $Z$-component of the solution process $(Y, Z)$. A natural question is whether general mean-field BSDEs whose coefficients depend on the law of $Z$ have the comparison theorem for some cases. In this paper we establish the comparison theorems for one-dimensional mean-field BSDEs whose coefficients also depend on the joint law of the solution process $(Y,Z)$. With the help of Malliavin calculus and a BMO martingale argument, we obtain two comparison theorems for different cases and a strong comparison result. In particular, in this framework, we compare not only the first component $Y$ of the solution $(Y,Z)$ for such mean-field BSDEs, but also the second component $Z$.
format Preprint
id arxiv_https___arxiv_org_abs_2406_00286
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Comparison theorems for mean-field BSDEs whose generators depend on the law of the solution $(Y,Z)$
Li, Juan
Li, Zhanxin
Xing, Chuanzhi
Probability
For general mean-field backward stochastic differential equations (BSDEs) it is well-known that we usually do not have the comparison theorem if the coefficients depend on the law of $Z$-component of the solution process $(Y, Z)$. A natural question is whether general mean-field BSDEs whose coefficients depend on the law of $Z$ have the comparison theorem for some cases. In this paper we establish the comparison theorems for one-dimensional mean-field BSDEs whose coefficients also depend on the joint law of the solution process $(Y,Z)$. With the help of Malliavin calculus and a BMO martingale argument, we obtain two comparison theorems for different cases and a strong comparison result. In particular, in this framework, we compare not only the first component $Y$ of the solution $(Y,Z)$ for such mean-field BSDEs, but also the second component $Z$.
title Comparison theorems for mean-field BSDEs whose generators depend on the law of the solution $(Y,Z)$
topic Probability
url https://arxiv.org/abs/2406.00286