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In this paper, we study an optimal exit time problem with general running and terminal costs and a target $\mathcal{S}\subset\mathbb{R}^d$ having an inner ball property for a nonlinear control system that satisfies mild controllability…

Optimization and Control · Mathematics 2024-06-11 Piermarco Cannarsa , Marco Mazzola , Khai T. Nguyen

Along the optimal trajectory of an optimal control problem constrained by a semilinear parabolic partial differential equation, we prove the differentiability of the value function with respect to the initial condition and, under additional…

Optimization and Control · Mathematics 2025-09-19 Alberto Domínguez Corella , Nicolai Jork , Stefan Volkwein

This paper investigates the value function, $V$, of a Mayer optimal control problem with the state equation given by a differential inclusion. First, we obtain an invariance property for the proximal and Fr\'echet subdifferentials of $V$…

Optimization and Control · Mathematics 2014-08-25 Piermarco Cannarsa , Hélène Frankowska , Teresa Scarinci

We consider a stochastic optimal control problem in a market model with temporary and permanent price impact, which is related to an expected utility maximization problem under finite fuel constraint. We establish the initial condition…

Mathematical Finance · Quantitative Finance 2015-10-13 Mourad Lazgham

The hybrid optimal control problem with reach time to a target set is addressed and the continuity and uniqueness of the associated value function is proved. Hybrid systems involves interaction of different types of dynamics: continuous and…

Optimization and Control · Mathematics 2016-08-05 Myong-Song Ho , Kwang-Nam Oh , Chol-Jun Hwang

We consider a class of exit--time control problems for nonlinear systems with a nonnegative vanishing Lagrangian. In general, the associated PDE may have multiple solutions, and known regularity and stability properties do not hold. In this…

Optimization and Control · Mathematics 2018-05-10 Monica Motta , Caterina Sartori

In this paper we focus on regional deterministic optimal control problems, i.e., problems where the dynamics and the cost functional may be different in several regions of the state space and present discontinuities at their interface.…

Optimization and Control · Mathematics 2017-10-06 Guy Barles , Ariela Briani , Emmanuel Trélat

We study the time optimal control problem with a general target $\mathcal S$ for a class of differential inclusions that satisfy mild smoothness and controllability assumptions. In particular, we do not require Petrov's condition at the…

Optimization and Control · Mathematics 2013-11-19 Piermarco Cannarsa , Antonio Marigonda , Khai T. Nguyen

We investigate conditions of optimality for an infinite horizon control problem and consider their correspondence with the value function. Assuming Lipschitz continuity of the value function, we prove that sensitivity relations plus the…

Optimization and Control · Mathematics 2016-07-20 Dmitry Khlopin

We show that if either the process is strong Feller and the boundary point is probabilistically regular for the stopping set, or the process is strong Markov and the boundary point is probabilistically regular for the interior of the…

Probability · Mathematics 2020-04-16 Tiziano De Angelis , Goran Peskir

We characterize the optimal control for a class of singular stochastic control problems as the unique solution to a related Skorokhod reflection problem. The considered optimization problems concern the minimization of a discounted cost…

Optimization and Control · Mathematics 2023-05-22 Jodi Dianetti , Giorgio Ferrari

In this paper, we obtain several structural results for the value function associated to a mean-field optimal control problem of Bolza type in the space of measures. After establishing the sensitivity relations bridging between the costates…

Optimization and Control · Mathematics 2021-11-29 Benoît Bonnet , Hélène Frankowska

We consider a kind of stochastic exit time optimal control problems, in which the cost function is defined through a nonlinear backward stochastic differential equation. We study the regularity of the value function for such a control…

Probability · Mathematics 2016-03-15 Rainer Buckdahn , Tianyang Nie

In this paper, problems of optimal control are considered where in the objective function, in addition to the control cost there is a tracking term that measures the distance to a desired stationary state. The tracking term is given by some…

Optimization and Control · Mathematics 2020-06-15 Martin Gugat , Michael Schuster , Enrique Zuazua

We study a class of zero-sum stochastic games between a stopper and a singular-controller, previously considered in [Bovo and De Angelis (2025)]. The underlying singularly-controlled dynamics takes values in…

Optimization and Control · Mathematics 2025-06-25 Andrea Bovo , Alessandro Milazzo

Turnpike properties have been established long time ago in finite-dimensional optimal control problems arising in econometry. They refer to the fact that, under quite general assumptions, the optimal solutions of a given optimal control…

Optimization and Control · Mathematics 2014-02-14 Emmanuel Trélat , Enrique Zuazua

This paper is devoted to the analysis of a finite horizon discrete-time stochastic optimal control problem, in presence of constraints. We study the regularity of the value function which comes from the dynamic programming algorithm. We…

Optimization and Control · Mathematics 2007-05-23 M. Papi , S. Sbaraglia

We study the regularity properties of the value function associated with an affine optimal control problem with quadratic cost plus a potential, for a fixed final time and initial point. Without assuming any condition on singular…

Optimization and Control · Mathematics 2017-07-04 Davide Barilari , Francesco Boarotto

This paper concerns state constrained optimal control problems, in which the dynamic constraint takes the form of a differential inclusion. If the differential inclusion does not depend on time, then the Hamiltonian, evaluated along the…

Optimization and Control · Mathematics 2019-12-30 Michele Palladino , Richard B. Vinter

In this paper, we consider a varying terminal time structure for the stochastic optimal control problem under state constraints, in which the terminal time varies with the mean value of the state. In this new stochastic optimal control…

Optimization and Control · Mathematics 2024-09-05 Jin Shi , Shuzhen Yang
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