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arxiv: 1402.4244 · v1 · pith:HM56RYSRnew · submitted 2014-02-18 · 🧮 math.PR

A comparison theorem for backward SPDEs with jumps

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keywords backwardcomparisonjumpsriskspdestheoremapplycomponents
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In this paper we obtain a comparison theorem for backward stochastic partial differential equation (SPDEs) with jumps. We apply it to introduce space-dependent convex risk measures as a model for risk in large systems of interacting components.

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