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We formulate a notion of doubly reflected BSDE in the case where the barriers $\xi$ and $\zeta$ do not satisfy any regularity assumption and with a general filtration. Under a technical assumption (a Mokobodzki-type condition), we show…

Probability · Mathematics 2018-07-19 Miryana Grigorova , Peter Imkeller , Youssef Ouknine , Marie-Claire Quenez

We study optimal stochastic control problem for non-Markovian stochastic differential equations (SDEs) where the drift, diffusion coefficients, and gain functionals are path-dependent, and importantly we do not make any ellipticity…

Probability · Mathematics 2013-11-04 Marco Fuhrman , Huyên Pham

We consider a couple of integrodifferential PDEs arising from a stochastic Markovian control problem subjected to initial-terminal conditions. These equations correspond to the MFG system for a controlled jump-diffusion process. We prove…

Mathematical Physics · Physics 2022-10-12 Olga Rozanova , Ilnar Manapov

In this paper, we analyze mean-field game modulated by finite states markov chains. We first develop a sufficient stochastic maximum principle for the optimal control of a Markov-modulated stochastic differential equation (SDE) of…

Optimization and Control · Mathematics 2014-05-22 Yongming Tai

We revisit the Dynkin game problem in a general framework, improve classical results and relax some assumptions. The criterion is expressed in terms of families of random variables indexed by stopping times. We construct two nonnegative…

Probability · Mathematics 2013-08-15 Magdalena Kobylanski , Marie-Claire Quenez , Marc Roger de Campagnolle

In this paper, we present an optimal control problem for stochastic differential games under Markov regime-switching forward-backward stochastic differential equations with jumps and partial information. First, we prove a sufficient maximum…

Optimization and Control · Mathematics 2014-10-14 Olivier Menoukeu Pamen , Romual Herve Momeya

Zero-sum Dynkin games under Poisson constraints, where players can only stop at the event times of a Poisson process, have been studied widely in the recent literature. The constraint can be modelled in two ways: either both players share…

Optimization and Control · Mathematics 2025-12-09 David Hobson , Gechun Liang , Edward Wang

We construct an aggregated version of the value processes associated with stochastic control problems, where the criterion to optimise is given by solutions to semi-martingale backward stochastic differential equations (BSDEs). The results…

Probability · Mathematics 2025-07-03 Dylan Possamaï , Marco Rodrigues , Alexandros Saplaouras

We generalize the results of Fleming and Souganidis (1989) on zero sum stochastic differential games to the case when the controls are unbounded. We do this by proving a dynamic programming principle using a covering argument instead of…

Optimization and Control · Mathematics 2012-01-17 Erhan Bayraktar , Song Yao

In this work we study the stochastic recursive control problem, in which the aggregator (or called generator) of the backward stochastic differential equation describing the running cost is continuous but not necessarily Lipschitz with…

Optimization and Control · Mathematics 2015-09-15 Jiangyan Pu , Qi Zhang

This paper studies {a} mixed singular/switching stochastic control problem for a multidimensional diffusion with multiples regimes on a bounded domain. Using probabilistic, partial differential equation (PDE) and penalization techniques, we…

Optimization and Control · Mathematics 2020-10-13 Mark Kelbert , Harold A. Moreno-Franco

We describe an abstract control-theoretic framework in which the validity of the dynamic programming principle can be established in continuous time by a verification of a small number of structural properties. As an application we treat…

Optimization and Control · Mathematics 2014-03-18 Gordan Zitkovic

This paper is concerned with the controller-and-stopper stochastic differential game under a regime switching model in an infinite horizon. The state of the system consists of a number of diffusions \emph{coupled} by a continuous-time…

Optimization and Control · Mathematics 2021-11-02 Siyu Lv

One of the most classical games for stochastic processes is the zero-sum Dynkin (stopping) game. We present a complete equilibrium solution to a general formulation of this game with an underlying one-dimensional diffusion. A key result is…

Probability · Mathematics 2024-12-13 Sören Christensen , Kristoffer Lindensjö

For sequential stochastic control problems with standard Borel measurement and control action spaces, we introduce a general (universally applicable) dynamic programming formulation, establish its well-posedness, and provide new existence…

Optimization and Control · Mathematics 2020-07-02 Serdar Yüksel

In this paper, we study a stochastic recursive optimal control problem in which the value functional is defined by the solution of a backward stochastic differential equation (BSDE) under $\tilde{G}$-expectation. Under standard assumptions,…

Optimization and Control · Mathematics 2021-06-08 Mingshang Hu , Shaolin Ji , Xiaojuan Li

We consider two-player stochastic games played on a finite graph for infinitely many rounds. Stochastic games generalize both Markov decision processes (MDP) by adding an adversary player, and two-player deterministic games by adding…

Computer Science and Game Theory · Computer Science 2022-02-28 Laurent Doyen

This paper deals with N-person nonzero-sum discrete-time Markov games under a probability criterion, in which the transition probabilities and reward functions are allowed to vary with time. Differing from the existing works on the expected…

Probability · Mathematics 2025-05-16 Xin Guo , Xin Wen

In this paper we study zero-sum two-player stochastic differential games with jumps with the help of theory of Backward Stochastic Differential Equations (BSDEs). We generalize the results of Fleming and Souganidis [10] and those by Biswas…

Optimization and Control · Mathematics 2010-04-19 Rainer Buckdahn , Ying Hu , Juan Li

We introduce a zero-sum game problem of mean-field type as an extension of the classical zero-sum Dynkin game problem to the case where the payoff processes might depend on the value of the game and its probability law. We establish…

Optimization and Control · Mathematics 2022-05-06 Boualem Djehiche , Roxana Dumitrescu