Mathematical Finance and Probability Seminars (Since covid these events are taking place online.)

Stochastically invariant manifolds for Jump diffusion on Hilbert space

Friday, April 22, 2011 at 04:00pm - 05:00pm

Speaker: Josef Teichmann, ETH Zurich

ABSTRACT

We show necessary and sufficient conditions for finite dimensional submanifolds of Hilbert spaces to be invariant for jump diffusions type SPDEs. The theory has applications to consistency theory in term structure problems of mathematical finance.

Location   Hill 705