Sumários

PDE's and SDE's: The Feynman-Kac formula

18 Março 2025, 11:30 João Guerra

Infinitesimal generator of a diffusion. Definition and examples. 

PArabolic PDE's and a stochastic representation formula for the solution: the Feynman-Kac formula. 
Example. 
Discussion of exercises on Stochastic Differential Equations. 


Systems of linear stochastic differential equations

13 Março 2025, 11:00 João Guerra

Systems of linear stochastic differential equations. Solution formula. 

The exponential of a matrix: definition and basic properties. 
How to calculate the exponential of a matrix A if the matrix is diagonalizable, by using eigenvalues and eigenvectors. 
Examples. 
Introduction to numerical approximations of solutions of SDE's: the Euler scheme and the Millstein scheme. 
Discussion of exercises about stochastic differential equations. 


Stochastic Differential Equations

11 Março 2025, 11:30 João Guerra

SDE's linear in x for the diffusion coefficient and the integrating factor method to solve them. Example.

General one-dimensional linear SDE's. Method of solution. 
The existence and uniqueness theorem for one-dimensional SDE's with weaker assumptions on the diffusion coefficent. Example. 
Discussion of exercises on the Ito formula and stochastic differential equations.


Stochastic differential equations

6 Março 2025, 11:00 João Guerra

Theorem of existence and uniqueness for solutions of stochastic differential equations. Examples. 

Linear growth condition and Lipschitz condition: examples and discussion. 
The Ornstein-Uhlenbeck process with mean reversion SDE - solution and properties of the solution. Applications to the Vasicek model of interest rates and the stochastic volatility Black-Scholes model. 


Stochastic Differential Equations

27 Fevereiro 2025, 11:00 João Guerra

Deterministic ordinary differential equations and stochastic differential equations. 

Solutions of stochastic differential equations. 
Example: The SDE for geometric Brownian motion: how to solve it.
The Langevin Equation or the Ornsteind-Uhlenbeck process SDE - how to solve it. 
Discussion of exercises about the application of Itô formula.