Explicit solutions for a class of nonlinear BSDEs and their nodal sets

In this paper,we investigate a class of nonlinear backward stochastic differential equations(BSDEs)arising from financial economics,and give the sign of corresponding solution.Furthermore,we are able to obtain explicit solutions to an interesting class of nonlinear BSDEs,including the k-ignorance BSDE arising from the modeling of ambiguity of asset pricing.Moreover,we show its applications in PDEs and contingent pricing in an incomplete market.