In this study, we explore backward stochastic differential equations driven by a Poisson process and an independent Brownian motion, denoted for short as BSDEJs. The generator exhibits logarithmic…

The predominant approach for studying volatility is through various GARCH specifications, which are widely utilized in model-based analyses. This study focuses on assessing the predictive…

The paper examines the valuation and hedging of life insurance obligations in the presence of mortality risk using the local risk-minimizing hedging approach. Roughly speaking, it is assumed that…