In this paper we explain how the importance sampling technique can be generalized from simulating expectations to computing the initial value of backward SDEs with Lipschitz continuous driver. By means of a measure transformation we introduce a variance reduced version of the forward...

We apply set valued analysis techniques in order to characterize the input-to-state dynamical stability (ISDS) property, a variant of the well known input-to-state stability (ISS) property. Using a suitable augmented differential inclusion we are able to characterize the epigraphs of minimal...

We apply set valued analysis techniques in order to characterize the input-to-state dynamical stability (ISDS) property, a variant of the well known input-to-state stability (ISS) property. Using a suitable augmented differential inclusion we are able to characterize the epigraphs of minimal...

What has become known as the Freiburg School or the Ordo-liberal School was founded in the 1930s at the University of Freiburg in Germany by economist Walter Eucken (1891-1950) and two jurists, Franz Böhm (1895-1977) and Hans Großmann-Doerth (1894-1944). Freiburg University's "Fakultät für...