English

Uniqueness Results for Second Order Bellman-Isaacs Equations under Quadratic Growth Assumptions and Applications

Analysis of PDEs 2010-02-12 v1

Abstract

In this paper, we prove a comparison result between semicontinuous viscosity sub and supersolutions growing at most quadratically of second-order degenerate parabolic Hamilton-Jacobi-Bellman and Isaacs equations. As an application, we characterize the value function of a finite horizon stochastic control problem with unbounded controls as the unique viscosity solution of the corresponding dynamic programming equation.

Keywords

Cite

@article{arxiv.1002.2373,
  title  = {Uniqueness Results for Second Order Bellman-Isaacs Equations under Quadratic Growth Assumptions and Applications},
  author = {Francesca Da Lio and Olivier Ley},
  journal= {arXiv preprint arXiv:1002.2373},
  year   = {2010}
}