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We investigate a class of zero-sum linear-quadratic stochastic differential games on a finite time horizon governed by multiscale state equations. The multiscale nature of the problem can be leveraged to reformulate the associated…

Optimization and Control · Mathematics 2020-11-19 Beniamin Goldys , James Yang , Zhou Zhou

The value of a zero-sum differential games is known to exist, under Isaacs' condition, as the unique viscosity solution of a Hamilton-Jacobi-Bellman equation. In this note we provide a self-contained proof based on the construction of…

Optimization and Control · Mathematics 2013-01-29 Juan Pablo Maldonado López , Miquel Oliu-Barton

In this paper, we consider a differential stochastic zero-sum game in which two players intervene by adopting impulse controls in a finite time horizon. We provide a numerical solution as an approximation of the value function, which turns…

Optimization and Control · Mathematics 2024-10-14 Antoine Zolome , Brahim El Asri

This paper studies a two-player nonzero-sum stochastic differential game governed by a controlled convection-diffusion stochastic partial differential equation (SPDE) with spatially heterogeneous coefficients. The diffusion and transport…

Probability · Mathematics 2026-04-06 Nacira Agram , Eya Zougar

We develop an approach for two player constraint zero-sum and nonzero-sum stochastic differential games, which are modeled by Markov regime-switching jump-diffusion processes. We provide the relations between a usual stochastic optimal…

Optimization and Control · Mathematics 2023-01-31 Emel Savku

In the present work, we consider 2-person zero-sum stochastic differential games with a nonlinear pay-off functional which is defined through a backward stochastic differential equation. Our main objective is to study for such a game the…

Probability · Mathematics 2014-07-29 Rainer Buckdahn , Juan Li , Marc Quincampoix

This paper considers a new class of deterministic finite-time horizon, two-player, zero-sum differential games (DGs) in which the maximizing player is allowed to take continuous and impulse controls whereas the minimizing player is allowed…

Optimization and Control · Mathematics 2022-12-21 Brahim El Asri , Hafid Lalioui

We reveal an interesting convex duality relationship between two problems: (a) minimizing the probability of lifetime ruin when the rate of consumption is stochastic and when the individual can invest in a Black-Scholes financial market;…

Portfolio Management · Quantitative Finance 2010-08-30 Erhan Bayraktar , Virginia R. Young

The paper concerns the infinite dimensional Hamilton-Jacobi-Bellman equation related to optimal control problem regulated by a transport equation with boundary control. A suitable viscosity solution approach is needed in view of the…

Optimization and Control · Mathematics 2007-05-23 Giorgio Fabbri

This paper is devoted to a viscosity solution theory of the stochastic Hamilton-Jacobi-Bellman equation in the Wasserstein spaces for the mean-field type control problem which allows for random coefficients and may thus be non-Markovian.…

Optimization and Control · Mathematics 2023-10-24 Hang Cheung , Jinniao Qiu , Alexandru Badescu

This paper is devoted to the stochastic optimal control problem of infinite-dimensional differential systems allowing for both path-dependence and measurable randomness. As opposed to the deterministic path-dependent cases studied by…

Optimization and Control · Mathematics 2023-07-19 Jinniao Qiu , Yang Yang

In this paper, we investigate the existence and characterization of the value for a two-player zero-sum differential game with symmetric incomplete information on a continuum of initial positions and with signal revelation. Before the game…

Optimization and Control · Mathematics 2026-01-01 Xiaochi Wu

Motivated by a vaccination coverage problem, we consider here a zero-sum differential game governed by a differential system consisting of a hyperbolic partial differential equation (PDE) and an ordinary differential equation (ODE). Two…

Analysis of PDEs · Mathematics 2024-12-18 Mauro Garavello , Elena Rossi , Abraham Sylla

We consider a game, in which the dynamics is described by a non-linear Volterra integral equation of Hammerstein type with a weakly-singular kernel and the goals of the first and second players are, respectively, to minimize and maximize a…

Optimization and Control · Mathematics 2024-04-17 Mikhail I. Gomoyunov

The purpose of this paper is to study 2-person zero-sum stochastic differential games, in which one player is a major one and the other player is a group of $N$ minor agents which are collectively playing, statistically identical and have…

Probability · Mathematics 2013-08-26 Rainer Buckdahn , Juan Li , Shige Peng

We prove that for a class of zero-sum differential games with incomplete information on both sides, the value admits a probabilistic representation as the value of a zero-sum stochastic differential game with complete information, where…

Optimization and Control · Mathematics 2017-01-04 Fabien Gensbittel , Catherine Rainer

It is well known that the (unique) value of a stochastic control problem or a two person zero sum game under Isaacs condition can be characterized through a PDE driven by the Hamiltonian. Our goal of this paper is to extend this classical…

Optimization and Control · Mathematics 2024-08-20 Bixing Qiao , Jianfeng Zhang

In this paper, we study the optimal singular controls for stochastic recursive systems, in which the control has two components: the regular control, and the singular control. Under certain assumptions, we establish the dynamic programming…

Optimization and Control · Mathematics 2018-11-06 Liangquan Zhang

In this paper, we investigate a sparse optimal control of continuous-time stochastic systems. We adopt the dynamic programming approach and analyze the optimal control via the value function. Due to the non-smoothness of the $L^0$ cost…

Optimization and Control · Mathematics 2021-09-17 Kaito Ito , Takuya Ikeda , Kenji Kashima

We investigate a two-player zero-sum stochastic differential game in which the players have an asymmetric information on the random payoff. We prove that the game has a value and characterize this value in terms of dual solutions of some…

Optimization and Control · Mathematics 2007-05-23 Pierre Cardaliaguet , Catherine Rainer