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We discuss an open-loop backward Stackelberg differential game involving single leader and single follower. Unlike most Stackelberg game literature, the state to be controlled is characterized by a backward stochastic differential equation…

Optimization and Control · Mathematics 2021-04-06 Xinwei Feng , Ying Hu , Jianhui Huang

We consider control-constrained linear-quadratic optimal control problems on evolving surfaces. In order to formulate well-posed problems, we prove existence and uniqueness of weak solutions for the state equation, in the sense of…

Optimization and Control · Mathematics 2015-03-19 Morten Vierling

Most inverse problems from physical sciences are formulated as PDE-constrained optimization problems. This involves identifying unknown parameters in equations by optimizing the model to generate PDE solutions that closely match measured…

Optimization and Control · Mathematics 2024-03-12 Qin Li , Li Wang , Yunan Yang

In this paper, a class of time inconsistent linear quadratic optimal control problems of mean-field stochastic differential equations (SDEs) is considered under Markovian framework. Open-loop equilibrium controls and their particular…

Optimization and Control · Mathematics 2018-02-06 Tianxiao Wang

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 linear quadratic optimal control problems for mean-field backward stochastic differential equations (MF-BSDEs, for short) with deterministic coefficients. The optimality system, which is a linear mean-field…

Optimization and Control · Mathematics 2016-10-11 Xun Li , Jingrui Sun , Jie Xiong

In this paper, we study the maximum principle for stochastic optimal control problems of forward-backward stochastic difference systems (FBS{\Delta}Ss). Two types of FBS{\Delta}Ss are investigated. The first one is described by a partially…

Optimization and Control · Mathematics 2019-01-01 Shaolin Ji , Haodong Liu

We study singular perturbations of a class of two-scale stochastic control systems with unbounded data. The assumptions are designed to cover some relaxation problems for deep neural networks. We construct effective Hamiltonian and initial…

Optimization and Control · Mathematics 2023-03-29 Martino Bardi , Hicham Kouhkouh

We study a stochastic control problem with regime switching arising in an optimal liquidation problem with dark pools and multiple regimes. The new feature of this model is that it introduces a system of BSDEs with jumps and with singular…

Mathematical Finance · Quantitative Finance 2025-01-22 Guanxing Fu , Xiaomin Shi , Zuo Quan Xu

We analyze a novel class of rough stochastic control problems that allows for a convenient approach to solving pathwise stochastic control problems with both non-anticipative and anticipative controls. We first establish the well-posedness…

Optimization and Control · Mathematics 2026-01-19 Ulrich Horst , Huilin Zhang

The classical Method of Successive Approximations (MSA) is an iterative method for solving stochastic control problems and is derived from Pontryagin's optimality principle. It is known that the MSA may fail to converge. Using careful…

Optimization and Control · Mathematics 2020-11-18 Bekzhan Kerimkulov , David Šiška , Łukasz Szpruch

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

After proving existence and uniqueness of ergodic distribution dependent backward stochastic differential equations (BSDEs) under strong and weak dissipativity regimes for the underlying McKean--Vlasov SDE, we leverage this new framework to…

Probability · Mathematics 2025-12-01 Kaplan Desbouis , Adrien Richou

Regularization robust preconditioners for PDE-constrained optimization problems have been successfully developed. These methods, however, typically assume that observation data is available throughout the entire domain of the state…

Optimization and Control · Mathematics 2015-06-23 Kent-André Mardal , Bjørn Fredrik Nielsen , Magne Nordaas

We investigate a class of quadratic backward stochastic differential equations (BSDEs) with generators singular in $ y $. First, we establish the existence of solutions and a comparison theorem, thereby extending results in the literature.…

Probability · Mathematics 2025-03-17 Wenbo Wang , Guangyan Jia

This paper is concerned with a Stackelberg stochastic differential game, where the systems are driven by stochastic differential equation (SDE for short), in which the control enters the randomly disturbed coefficients (drift and…

Optimization and Control · Mathematics 2021-08-12 Liangquan Zhang , Wei Zhang

We introduce and study a new class of optimal switching problems, namely switching problem with controlled randomisation, where some extra-randomness impacts the choice of switching modes and associated costs. We show that the optimal value…

Probability · Mathematics 2020-01-31 Cyril Bénézet , Jean-François Chassagneux , Adrien Richou

In this paper, we focus on mean-field anticipated backward stochastic differential equations (MF-BSDEs, for short) driven by fractional Brownian motion with Hurst parameter H>1/2. First, the existence and uniqueness of this new type of…

Probability · Mathematics 2018-05-23 Soukaina Douissi , Jiaqiang Wen , Yufeng Shi

We establish an existence and uniqueness result for a class of multidimensional quadratic backward stochastic differential equations (BSDE). This class is characterized by constraints on some uniform a priori estimate on solutions of a…

Probability · Mathematics 2018-03-12 Jonathan Harter , Adrien Richou

In this paper we study a Markovian two-dimensional bounded-variation stochastic control problem whose state process consists of a diffusive mean-reverting component and of a purely controlled one. The main problem's characteristic lies in…

Optimization and Control · Mathematics 2020-04-21 Salvatore Federico , Giorgio Ferrari , Patrick Schuhmann