English
Related papers

Related papers: On a mixed singular/switching control problem with…

200 papers

In this paper, we consider a class of initial-boundary value problems governed by pseudo-parabolic total variation flows. The principal characteristic of our problem lies in the velocity term of the diffusion flux, a feature that can bring…

Analysis of PDEs · Mathematics 2023-09-01 Toyohiko Aiki , Daiki Mizuno , Ken Shirakawa

We consider the value function originating from an expected utility maximization problem with finite fuel constraint and show its close relation to a nonlinear parabolic degenerated Hamilton-Jacobi-Bellman (HJB) equation with singularity.…

Mathematical Finance · Quantitative Finance 2015-10-14 Mourad Lazgham

This paper addresses a continuous-time continuous-space chance-constrained stochastic optimal control (SOC) problem via a Hamilton-Jacobi-Bellman (HJB) partial differential equation (PDE). Through Lagrangian relaxation, we convert the…

Optimization and Control · Mathematics 2022-05-03 Apurva Patil , Alfredo Duarte , Aislinn Smith , Takashi Tanaka , Fabrizio Bisetti

Building upon the dynamic programming principle for set-valued functions arising from many applications, in this paper we propose a new notion of set-valued PDEs. The key component in the theory is a set-valued It\^{o} formula,…

Optimization and Control · Mathematics 2025-08-19 Melih İşeri , Jianfeng Zhang

The goal of this work is to obtain optimal rates for the convergence problem in mean field control. Our analysis covers cases where the solutions to the limiting problem may not be unique nor stable. Equivalently the value function of the…

Optimization and Control · Mathematics 2023-05-16 Samuel Daudin , François Delarue , Joe Jackson

We apply the Stochastic Perron method, created by Bayraktar and S\^irbu, to a stochastic exit time control problem. Our main assumption is the validity of the Strong Comparison Result for the related Hamilton-Jacobi-Bellman (HJB) equation.…

Optimization and Control · Mathematics 2013-11-01 Dmitry B. Rokhlin

We consider in this paper, mixed relaxed-singular stochastic control problems, where the control variable has two components, the first being measure-valued and the second singular. The control domain is not necessarily convex and the…

Probability · Mathematics 2008-08-28 Seid Bahlali

This paper deals with a family of stochastic control problems in Hilbert spaces which arises in typical applications (such as boundary control and control of delay equations with delay in the control) and for which is difficult to apply the…

Optimization and Control · Mathematics 2022-10-14 Federica Masiero , Fausto Gozzi

Stochastic optimal control problems with constraints on the probability distribution of the final output are considered. Necessary conditions for optimality in the form of a coupled system of partial differential equations involving a…

Optimization and Control · Mathematics 2022-03-10 Samuel Daudin

In this work, we consider the local Cahn-Hilliard-Navier-Stokes equation with regular potential in two dimensional bounded domain. We formulate distributed optimal control problem as the minimization of a suitable cost functional subject to…

Analysis of PDEs · Mathematics 2024-03-08 Sheetal Dharmatti , Perisetti Lakshmi Naga Mahendranath

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

We study the problem of learning the optimal control policy for fine-tuning a given diffusion process, using general value function approximation. We develop a new class of algorithms by solving a variational inequality problem based on the…

Machine Learning · Computer Science 2025-09-03 Wenlong Mou

In this manuscript, we study optimal control problems for stochastic delay differential equations using the dynamic programming approach in Hilbert spaces via viscosity solutions of the associated Hamilton-Jacobi-Bellman equations. We show…

Optimization and Control · Mathematics 2024-12-24 Filippo de Feo , Andrzej Święch

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 consider a fourth order, reaction-diffusion type, singularly perturbed boundary value problem, and the regularity of its solution. Specifically, we provide estimates for arbitrary order derivatves, which are explicit in the singular…

Classical Analysis and ODEs · Mathematics 2023-11-15 P. Constantinou , C. Xenophontos

In this paper we study a first extension of the theory of mild solutions for HJB equations in Hilbert spaces to the case when the domain is not the whole space. More precisely, we consider a half-space as domain, and a semilinear…

Optimization and Control · Mathematics 2022-09-30 Alessandro Calvia , Gianluca Cappa , Fausto Gozzi , Enrico Priola

We examine mean field control problems on a finite state space, in continuous time and over a finite time horizon. We characterize the value function of the mean field control problem as the unique viscosity solution of a…

Optimization and Control · Mathematics 2021-03-29 Alekos Cecchin

Using a recently introduced representation of the second order adjoint state as the solution of a function-valued backward stochastic partial differential equation (SPDE), we calculate the viscosity super- and subdifferential of the value…

Probability · Mathematics 2024-06-27 Wilhelm Stannat , Lukas Wessels

This article studies a portfolio optimization problem, where the market consisting of several stocks is modeled by a multi-dimensional jump-diffusion process with age-dependent semi-Markov modulated coefficients. We study risk sensitive…

Portfolio Management · Quantitative Finance 2019-10-21 Milan Kumar Das , Anindya Goswami , Nimit Rana

This paper analyses a stochastic differential game of control and stopping in which one of the players modifies a diffusion process using impulse controls, an adversary then chooses a stopping time to end the game. The paper firstly…

Optimization and Control · Mathematics 2019-10-04 David Mguni