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-Solutions and Comparison Results for Lévy-Driven Backward Stochastic Differential Equations in a Monotonic,
Stefan Kremsner1, Alexander Steinicke2
1Department of Mathematics, University of Graz, Graz, Austria.
Abstract:
We present a unified approach to -solutions ( ) of multidimensional backward stochastic differential equations (BSDEs) driven by Lévy processes and more general filtrations. New existence, uniqueness and comparison results are obtained. The generator functions obey a time-dependent extended monotonicity (Osgood) condition in the y-variable and have general growth in y. Within this setting, the results generalize those of Royer, Yin and Mao, Yao, Kruse and Popier, and Geiss and Steinicke.
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