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We study a combined optimal control/stopping problem under a nonlinear expectation ${\cal E}^f$ induced by a BSDE with jumps, in a Markovian framework. The terminal reward function is only supposed to be Borelian. The value function $u$…

Optimization and Control · Mathematics 2016-06-28 Roxana Dumitrescu , Marie-Claire Quenez , Agnès Sulem

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 investigate the existence and uniqueness of non-Markovian second-order backward stochastic differential equations with an uncertain terminal horizon and establish comparison principles under the assumption that the driver is Lipschitz…

Probability · Mathematics 2025-06-19 Alberto Gennaro , Thibaut Mastrolia

This paper is concerned with the stochastic recursive optimal control problem with mixed delay. The connection between Pontryagin's maximum principle and Bellman's dynamic programming principle is discussed. Without containing any…

Optimization and Control · Mathematics 2019-12-24 Weijun Meng , Jingtao Shi

In this paper we study by probabilistic techniques the convergence of the value function for a two-scale, infinite-dimensional, stochastic controlled system as the ratio between the two evolution speeds diverges. The value function is…

Optimization and Control · Mathematics 2018-09-12 Giuseppina Guatteri , Gianmario Tessitore

We consider the conditional control problem introduced by P.L. Lions in his lectures at the Coll\`ege de France in November 2016. In his lectures, Lions emphasized some of the major differences with the analysis of classical stochastic…

Optimization and Control · Mathematics 2023-12-05 Rene Carmona , Mathieu Lauriere , Pierre-Louis Lions

This paper presents a stochastic model predictive control approach for nonlinear systems subject to time-invariant probabilistic uncertainties in model parameters and initial conditions. The stochastic optimal control problem entails a cost…

Optimization and Control · Mathematics 2014-10-17 Stefan Streif , Matthias Karl , Ali Mesbah

In this paper we study, by probabilistic techniques, the convergence of the value function for a two-scale, infinite-dimensional, stochastic controlled system as the ratio between the two evolution speeds diverges. The value function is…

Optimization and Control · Mathematics 2018-09-12 Giuseppina Guatteri , Gianmario Tessitore

The solution to a stochastic optimal control problem can be determined by computing the value function from a discretization of the associated Hamilton-Jacobi-Bellman equation. Alternatively, the problem can be reformulated in terms of a…

Optimization and Control · Mathematics 2024-02-29 Sebastian Reich

Optimal control under uncertainty is a prevailing challenge for many reasons. One of the critical difficulties lies in producing tractable solutions for the underlying stochastic optimization problem. We show how advanced approximate…

Machine Learning · Computer Science 2024-10-28 Joe Watson , Hany Abdulsamad , Rolf Findeisen , Jan Peters

This paper presents an algorithm, Voted Kernel Regularization , that provides the flexibility of using potentially very complex kernel functions such as predictors based on much higher-degree polynomial kernels, while benefitting from…

Machine Learning · Computer Science 2015-09-16 Corinna Cortes , Prasoon Goyal , Vitaly Kuznetsov , Mehryar Mohri

The paper is concerned with optimal control of backward stochastic differential equation (BSDE) driven by Teugel's martingales and an independent multi-dimensional Brownian motion, where Teugel's martingales are a family of pairwise…

Optimization and Control · Mathematics 2011-01-11 Maoning Tang , Qi Zhang

Stochastic optimal control with unknown randomness distributions has been studied for a long time, encompassing robust control, distributionally robust control, and adaptive control. We propose a new episodic Bayesian approach that…

Optimization and Control · Mathematics 2025-06-02 Alexander Shapiro , Enlu Zhou , Yifan Lin , Yuhao Wang

We consider a pathwise stochastic optimal control problem and study the associated (not necessarily adapted) Hamilton-Jacobi-Bellman stochastic partial differential equation. We show that the value process is the unique solution of this…

Probability · Mathematics 2023-11-02 Neeraj Bhauryal , Ana Bela Cruzeiro , Carlos Oliveira

This work addresses the challenge of ignition timing and load control in homogeneous charge compression ignition engines operating subject to uncertainty from complex combustion dynamics and external disturbances. To handle this issue, we…

Systems and Control · Electrical Eng. & Systems 2026-04-15 Xu Chen , Kevin Kluge , Maximilian Basler , Lorenz Dörschel , Heike Vallery

We study fully nonlinear second-order (forward) stochastic partial differential equations (SPDEs). They can also be viewed as forward path-dependent PDEs (PPDEs) and will be treated as rough PDEs (RPDEs) under a unified framework. We…

Probability · Mathematics 2018-10-02 Rainer Buckdahn , Christian Keller , Jin Ma , Jianfeng Zhang

In this manuscript we consider a class optimal control problem for stochastic differential delay equations. First, we rewrite the problem in a suitable infinite-dimensional Hilbert space. Then, using the dynamic programming approach, we…

Optimization and Control · Mathematics 2023-02-20 Filippo de Feo , Salvatore Federico , Andrzej Święch

In a recent paper, Bouchard, Elie and Reveillac \cite{BER} have studied a new class of Backward Stochastic Differential Equations with weak terminal condition, for which the $T$-terminal value $Y_T$ of the solution $(Y,Z)$ is not fixed as a…

Probability · Mathematics 2016-02-02 Roxana Dumitrescu

In this paper we present a novel sampling-based numerical scheme designed to solve a certain class of stochastic optimal control problems, utilizing forward and backward stochastic differential equations (FBSDEs). By means of a nonlinear…

Systems and Control · Computer Science 2020-06-18 Ioannis Exarchos , Evangelos A. Theodorou

In the present work we employ, for the first time, backward stochastic differential equations (BSDEs) to study the optimal control of semi-Markov processes on finite horizon, with general state and action spaces. More precisely, we prove…

Optimization and Control · Mathematics 2015-05-27 Elena Bandini , Fulvia Confortola
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