Epälineaaristen osittaisdifferentiaali/2
Main funder
Funder's project number: 292797
Funds granted by main funder (€)
- 139 987,00
Funding program
Project timetable
Project start date: 01/09/2015
Project end date: 31/08/2017
Summary
This project concentrates on connections between the nonlinear partial differential equations and stochastic game theory. In the linear theory, the interplay has several real-world applications such as stock market fluctuations leading to the mathematical option pricing and portfolio management. This connection has also been crucial in several breakthroughs in pure mathematics. We utilize a recently discovered nonlinear mean value approach related to a dynamic programming principle.