English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

We prove results on bounded solutions to backward stochastic equations drivenby random measures. Those bounded BSDE solutions are then applied to solvedifferent stochastic optimization problems with exponential utility in modelswhere the underlying filtration is noncontinuous. This includes results onportfolio optimization under an additional liability and on dynamic utilityindifference valuation and partial hedging in incomplete financial marketswhich are exposed to risk from unpredictable events. In particular, wecharacterize the limiting behavior of the utility indifference hedging strategyand of the indifference value process for vanishing risk aversion.

Bounded solutions to backward SDEs with jumps for utility optimization and indifference hedging