Wikipedia Easy Search

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "Snell envelope" – news · newspapers · books · scholar · JSTOR (April 2012) (Learn how and when to remove this message)

The Snell envelope, used in stochastics and mathematical finance, is the smallest supermartingale dominating a stochastic process. The Snell envelope is named after James Laurie Snell.