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In this paper we propose and analyze a method based on the Riccati transformation for solving the evolutionary Hamilton-Jacobi-Bellman equation arising from the stochastic dynamic optimal allocation problem. We show how the fully nonlinear…

Portfolio Management · Quantitative Finance 2013-07-25 Sona Kilianova , Daniel Sevcovic

In this paper we consider nonautonomous optimal control problems of infinite horizon type, whose control actions are given by $L^1$-functions. We verify that the value function is locally Lipschitz. The equivalence between dynamic…

Optimization and Control · Mathematics 2021-01-27 J. Baumeister , A. Leitao , G. N. Silva

We consider a stochastic optimal control problem where the controller can anticipate the evolution of the driving noise over some dynamically changing time window. The controlled state dynamics are understood as a rough differential…

Optimization and Control · Mathematics 2025-10-07 Peter Bank , Franziska Bielert

Autonomous systems have witnessed a rapid increase in their capabilities, but it remains a challenge for them to perform tasks both effectively and safely. The fact that performance and safety can sometimes be competing objectives renders…

Systems and Control · Electrical Eng. & Systems 2024-12-04 Hao Wang , Adityaya Dhande , Somil Bansal

We introduce a new definition of viscosity solution to path-dependent partial differential equations, which is a slight modification of the definition introduced in [8]. With the new definition, we prove the two important results till now…

Probability · Mathematics 2018-06-21 Zhenjie Ren , Mauro Rosestolato

Uniqueness of positive solutions to viscous Hamilton-Jacobi-Bellman (HJB) equations of the form $-\Delta u(x) + \frac{1}{\gamma} |D{u}(x)|^\gamma = f(x) - \lambda$, with $f$ a coercive function and $\lambda$ a constant, in the subquadratic…

Analysis of PDEs · Mathematics 2019-09-13 Ari Arapostathis , Anup Biswas , Luis Caffarelli

In this paper, we derive the lower bounds for the gradients of viscosity solutions to the Hamilton--Jacobi equation, where the convex Hamiltonian depends on the unknown function. We obtain gradient estimates using two different methods.…

Analysis of PDEs · Mathematics 2024-07-08 Kazuya Hirose

We present comparison principles, Lipschitz estimates and study state constraints problems for degenerate, second-order Hamilton-Jacobi equations.

Analysis of PDEs · Mathematics 2014-08-08 Scott N. Armstrong , Hung V. Tran

We investigate an optimal control problem for a diffusion whose drift and running cost are merely measurable in the state variable. Such low regularity rules out the use of Pontryagin's maximum principle and also invalidates the standard…

Optimization and Control · Mathematics 2025-09-03 Kai Du , Qingmeng Wei

Motivated by parallels between mean field games and random matrix theory, we develop stochastic optimal control problems and viscosity solutions to Hamilton-Jacobi equations in the setting of non-commutative variables. Rather than real…

Analysis of PDEs · Mathematics 2025-02-25 Wilfrid Gangbo , David Jekel , Kyeongsik Nam , Aaron Z. Palmer

We present a method for optimal path planning of human walking paths in mountainous terrain, using a control theoretic formulation and a Hamilton-Jacobi-Bellman equation. Previous models for human navigation were entirely deterministic,…

Optimization and Control · Mathematics 2020-05-08 Christian Parkinson , David Arnold , Andrea L. Bertozzi , Stanley Osher

We consider a Cauchy problem for a (first-order) path-dependent Hamilton--Jacobi equation with coinvariant derivatives and a right-end boundary condition. Such problems arise naturally in the study of properties of the value functional in…

Optimization and Control · Mathematics 2024-12-24 Mikhail I. Gomoyunov

We consider an optimal control on networks in the spirit of the works of Achdou et al. (2013) and Imbert et al. (2013). The main new feature is that there are entry (or exit) costs at the edges of the network leading to a possible…

Optimization and Control · Mathematics 2018-01-30 Manh-Khang Dao

We use a rough path-based approach to investigate the degeneracy problem in the context of pathwise control. We extend the framework developed in arXiv:1902.05434 to treat admissible controls from a suitable class of H\"older continuous…

Optimization and Control · Mathematics 2025-11-20 Andrea Iannucci , Dan Crisan , Thomas Cass

We study viscosity solutions to a system of nonlinear degenerate parabolic partial integro-differential equations with interconnected obstacles. This type of problem occurs in the context of optimal switching problems when the dynamics of…

Analysis of PDEs · Mathematics 2017-11-15 Niklas L. P. Lundström , Marcus Olofsson , Thomas Önskog

We introduce the notion of mean viability for controlled stochastic differential equations and establish counterparts of Nagumo's classical viability theorems (necessary and sufficient conditions for mean viability). As an application, we…

Analysis of PDEs · Mathematics 2024-03-25 Christian Keller

Motivated by optimal control problems and differential games for functional differential equations of retarded type, the paper deals with a Cauchy problem for a path-dependent Hamilton--Jacobi equation with a right-end boundary condition.…

Optimization and Control · Mathematics 2021-06-25 Mikhail I. Gomoyunov , Nikolai Yu. Lukoyanov , Anton R. Plaksin

We prove that a directed last passage percolation model with discontinuous macroscopic (non-random) inhomogeneities has a continuum limit that corresponds to solving a Hamilton-Jacobi equation in the viscosity sense. This Hamilton-Jacobi…

Analysis of PDEs · Mathematics 2015-06-18 Jeff Calder

We treat infinite horizon optimal control problems by solving the associated stationary Hamilton-Jacobi-Bellman (HJB) equation numerically to compute the value function and an optimal feedback law. The dynamical systems under consideration…

Optimization and Control · Mathematics 2021-05-19 Mathias Oster , Leon Sallandt , Reinhold Schneider

We study Hamilton Jacobi Bellman equations in an infinite dimensional Hilbert space, with Lipschitz coefficients, where the Hamiltonian has superquadratic growth with respect to the derivative of the value function, and the final condition…

Probability · Mathematics 2016-11-28 Federica Masiero , Adrien Richou