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Comparison of Viscosity Solutions of Semi-linear Path-Dependent PDEs

Comparison of Viscosity Solutions of Semi-linear Path-Dependent PDEs

This paper provides a probabilistic proof of the comparison result for viscosity solutions of path-dependent semilinear PDEs. We consider the notion of viscosity solutions introduced in \cite{EKTZ} which considers as test functions all those smooth processes which are tangent in mean. When restricted to the Markovian case, this definition induces …