English

Solutions of max-plus linear equations and large deviations

Probability 2016-11-18 v1 Optimization and Control

Abstract

We generalise the Gartner-Ellis theorem of large deviations theory. Our results allow us to derive large deviation type results in stochastic optimal control from the convergence of generalised logarithmic moment generating functions. They rely on the characterisation of the uniqueness of the solutions of max-plus linear equations. We give an illustration for a simple investment model, in which logarithmic moment generating functions represent risk-sensitive values.

Keywords

Cite

@article{arxiv.math/0509279,
  title  = {Solutions of max-plus linear equations and large deviations},
  author = {Marianne Akian and Stephane Gaubert and Vassili Kolokoltsov},
  journal= {arXiv preprint arXiv:math/0509279},
  year   = {2016}
}

Comments

6 pages