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In this paper, we investigate stochastic differential equations(SDEs) driven by a class of supercritical $\alpha$-stable process(including the rotational symmetric $\alpha-$stable process) with drift $b$. The weak well-posedness is proved,…

Probability · Mathematics 2020-09-17 Guohuan Zhao

We analyze an optimal stopping problem with a constraint on the expected cost. When the reward function and cost function are Lipschitz continuous in state variable, we show that the value of such an optimal stopping problem is a continuous…

Optimization and Control · Mathematics 2017-08-08 Erhan Bayraktar , Song Yao

In this article, a class of optimal control problems of differential equations with delays are investigated for which the associated Hamilton-Jacobi-Bellman (HJB) equations are nonlinear partial differential equations with delays. This type…

Optimization and Control · Mathematics 2015-07-16 Jianjun Zhou

The master equation is a type of PDE whose state variable involves the distribution of certain underlying state process. It is a powerful tool for studying the limit behavior of large interacting systems, including mean field games and…

Probability · Mathematics 2019-04-26 Cong Wu , Jianfeng Zhang

A new systematic approach to the construction of approximate solutions to a class of nonlinear singularly perturbed feedback control systems using the boundary layer functions especially with regard to the possible occurrence of the…

Optimization and Control · Mathematics 2017-09-07 Robert Vrabel

A class of parametric optimal control problems governed by semilinear parabolic equations with mixed pointwise constraints is investigated. The perturbations appear in the objective functional, the state equation and in mixed pointwise…

Optimization and Control · Mathematics 2024-02-06 Huynh Khanh

Control of non-condensing non-ideal-gas power cycles is challenging because their output power dynamics depend on complex system interactions, non-ideal-gas effects complicate turbomachinery behavior, and state constraints must be…

Systems and Control · Electrical Eng. & Systems 2021-08-30 Viv Bone , Michael Kearney , Ingo Jahn

Linear and nonlinear resonant states can be restrictive: they exist at particular discrete states in frequency and/or elasticity, under particular (e.g., simple-harmonic) waveforms. In forced oscillators, this restrictiveness is an obstacle…

Systems and Control · Electrical Eng. & Systems 2022-11-16 Arion Pons , Tsevi Beatus

We show that the value function of a stochastic control problem is the unique solution of the associated Hamilton-Jacobi-Bellman (HJB) equation, completely avoiding the proof of the so-called dynamic programming principle (DPP). Using…

Probability · Mathematics 2013-09-25 Erhan Bayraktar , Mihai Sirbu

Input-affine dynamical systems often arise in control and modeling scenarios, such as the data-driven case when state-derivative observations are recorded under bounded noise. Common tasks in system analysis and control include optimal…

Optimization and Control · Mathematics 2024-02-21 Jared Miller , Mario Sznaier

This paper provides global exponential stabilization results by means of boundary feedback control for 1-D nonlinear unstable reaction-diffusion Partial Differential Equations (PDEs) with nonlinearities of superlinear growth. The class of…

Optimization and Control · Mathematics 2019-03-26 Iasson Karafyllis , Miroslav Krstic

A class of finite-state and discrete-time optimal control problems is introduced. The problems involve a large number of agents with independent dynamics, which interact through an aggregative term in the cost function. The problems are…

Optimization and Control · Mathematics 2023-07-10 Kang Liu , Nadia Oudjane , Laurent Pfeiffer

In this paper, we focus on a class of time-inconsistent stochastic control problems, where the objective function includes the mean and several higher-order central moments of the terminal value of state. To tackle the time-inconsistency,…

Mathematical Finance · Quantitative Finance 2025-05-08 Yike Wang , Jingzhen Liu , Alain Bensoussan , Ka-Fai Cedric Yiu , Jiaqin Wei

In this paper, we address the task of setting up an optimal production plan taking into account an uncertain demand. The energy system is represented by a system of hyperbolic partial differential equations (PDEs) and the uncertain demand…

Optimization and Control · Mathematics 2020-01-13 Simone Göttlich , Oliver Kolb , Kerstin Lux

We study model predictive control for singular differential-algebraic equations with higher index. This is a novelty when compared to the literature where only regular differential-algebraic equations with additional assumptions on the…

Optimization and Control · Mathematics 2022-02-08 Achim Ilchmann , Jonas Witschel , Karl Worthmann

In this paper, we study a stochastic recursive optimal control problem in which the system is governed by a functional forward-backward stochastic differential equation. Under standard assumptions, we establish the dynamic programming…

Probability · Mathematics 2013-01-03 Shaolin Ji , Shuzhen Yang

The main aim of the current work is the study of the conditions under which (finite-time) blow-up of a non-local stochastic parabolic problem occurs. We first establish the existence and uniqueness of the local-in-time weak solution for…

Analysis of PDEs · Mathematics 2020-07-09 Nikos I. Kavallaris , Yubin Yan

Optimal control of diffusion processes is intimately connected to the problem of solving certain Hamilton-Jacobi-Bellman equations. Building on recent machine learning inspired approaches towards high-dimensional PDEs, we investigate the…

Optimization and Control · Mathematics 2023-01-31 Nikolas Nüsken , Lorenz Richter

In this paper we study the following three-dimensional parabolic-parabolic chemo-repulsion model with potential production, logistic reaction and bilinear control, defined in $Q=(0,T)\times\Omega$: \begin{equation*}\label{eq0} \left\{…

This paper is concerned with optimal control problems for parabolic partial differential equations with pointwise in time switching constraints on the control. A standard approach to treat constraints in nonlinear optimization is…

Optimization and Control · Mathematics 2018-04-30 Christian Clason , Armin Rund , Karl Kunisch