Speaker: Prof. Said Hamadene (LMM, Le Mans University, France)

Abstract: In this talk, we study a class of reflected backward stochastic differential equations (BSDEs) of mean-field type, where the mean-field interaction in terms of the expected value E[Y ] of the Y-component of the solution enters both the driver and the lower obstacle. We consider the case where the lower obstacle is a deterministic

Speaker:Prof. (Emeritus) Bernt Øksendal (University of Oslo, Norway)

Abstract: We study option prices in financial markets where the risky asset prices are modelled by jump diffusions. For simplicity, we put the risk-free asset price equal to 1. Such markets are typically incomplete, and therefore there are in general infinitely many arbitrage-free option prices in these markets. We consider in particular European options with


The African Institute for Mathematical Sciences (AIMS) Ghana invites applications for the Probability, Analysis, and Applications (PAA) workshop scheduled from 29 September to 4 October, 2019 at AIMS Ghana campus, Accra. The workshop is organized within the framework of the German Research Chair program in AIMS Ghana, under the Alexander von Humboldt and the German