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A notion of $L^p$-exact controllability is introduced for linear controlled (forward) stochastic differential equations, for which several sufficient conditions are established. Further, it is proved that the $L^p$-exact controllability,…

Optimization and Control · Mathematics 2016-03-28 Yanqing Wang , Donghui Yang , Jiongmin Yong , Zhiyong Yu

Reflected diffusions naturally arise in many problems from applications ranging from economics and mathematical biology to queueing theory. In this paper we consider a class of infinite time-horizon singular stochastic control problems for…

Optimization and Control · Mathematics 2017-11-13 Giorgio Ferrari

In this paper, we consider a stochastic decision problem for a system governed by a stochastic differential equation, in which an optimal decision is made in such a way to minimize a vector-valued accumulated cost over a finite-time horizon…

Optimization and Control · Mathematics 2018-01-08 Getachew K. Befekadu

We investigate two-barriers-reflected backward stochastic differential equations with data from rank-based stochastic differential equation. More specifically, we focus on the solution of backward stochastic differential equations…

Probability · Mathematics 2024-11-27 Xinwei Feng , Lu Wang

In this paper, we study the global solvability of multidimensional forward-backward stochastic differential equations (FBSDEs) with diagonally Lipschitz, quadratic or super-quadratic generators. Under a certain "monotonicity" condition, we…

Probability · Mathematics 2023-06-26 Tianjiao Hua , Peng Luo

This paper aims at solving a one-dimensional backward stochastic differential equation (BSDE for short) with only integrable parameters. We first establish the existence of a minimal $L^1$ solution for the BSDE when the generator $g$ is…

Probability · Mathematics 2017-01-17 ShengJun Fan

We study solutions of a class of one-dimensional continuous reflected backward stochastic Volterra integral equations driven by Brownian motion, where the reflection keeps the solution above a given stochastic process (lower obstacle). We…

Probability · Mathematics 2020-04-27 Nacira Agram , Boualem Djehiche

This paper is concerned with a general non-homogeneous stochastic linear quadratic (LQ) control problem with regime switching and random coefficients. We obtain the explicit optimal state feedback control and optimal value for this problem…

Optimization and Control · Mathematics 2023-07-17 Ying Hu , Xiaomin Shi , Zuo Quan Xu

We consider the problem of optimal singular control of a stochastic partial differential equation (SPDE) with space-mean dependence. Such systems are proposed as models for population growth in a random environment. We obtain sufficient and…

Optimization and Control · Mathematics 2019-05-07 Nacira Agram , Astrid Hilbert , Bernt Øksendal

In this paper we study a class of combined regular and singular stochastic control problems that can be expressed as constrained BSDEs. In the Markovian case, this reduces to a characterization through a PDE with gradient constraint. But…

Optimization and Control · Mathematics 2018-01-11 Bruno Bouchard , Patrick Cheridito , Ying Hu

This paper is devoted to the general solvability of anticipated backward stochastic differential equations with quadratic growth by relaxing the assumptions made by Hu, Li, and Wen \cite[Journal of Differential Equations, 270 (2021),…

Probability · Mathematics 2025-05-22 Ying Hu , Feng Li , Jiaqiang Wen

This paper is concerned with the existence and uniqueness of weak solutions to the Cauchy-Dirichlet problem of backward stochastic partial differential equations (BSPDEs) with nonhomogeneous terms of quadratic growth in both the gradient of…

Probability · Mathematics 2012-07-24 Kai Du , Shaokuan Chen

We study the optimal liquidation problems in target zone models using dynamic programming methods. Such control problems allow for stochastic differential equations with reflections and random coefficients. The value function is…

Optimization and Control · Mathematics 2019-12-17 Robert Elliott , Jinniao Qiu , Wenning Wei

In this paper, we study existence and uniqueness to multidimensional Reflected Backward Stochastic Differential Equation in an open convex domain, allowing for oblique directions of reflection. In a Markovian framework, combining \emph{a…

Probability · Mathematics 2018-07-18 Jean-François Chassagneux , Adrien Richou

With the terminal value $\xi^-$ admitting a certain exponential moment and $\xi^+$ admitting every exponential moments or being bounded, we establish several existence and uniqueness results for unbounded solutions of backward stochastic…

Probability · Mathematics 2024-04-08 Yan Wang , Xinying Li , Chuang Gu , Shengjun Fan

We consider a stochastic control problem which is composed of a controlled stochastic differential equation, and whose associated cost functional is defined through a controlled backward stochastic differential equation. Under appropriate…

Probability · Mathematics 2009-02-17 Rainer Buckdahn , Boubakeur Labed , Catherine Rainer , Lazhar Tamer

We study supersolutions of a backward stochastic differential equation, the control processes of which are constrained to be continuous semimartingales of the form $dZ = {\Delta}dt + {\Gamma}dW$. The generator may depend on the…

Probability · Mathematics 2016-04-20 Gregor Heyne , Michael Kupper , Christoph Mainberger , Ludovic Tangpi

This paper is dedicated to the analysis of backward stochastic differential equations (BSDEs) with jumps, subject to an additional global constraint involving all the components of the solution. We study the existence and uniqueness of a…

Probability · Mathematics 2011-03-10 Romuald Elie , Idris Kharroubi

We propose a probabilistic numerical algorithm to solve Backward Stochastic Differential Equations (BSDEs) with nonnegative jumps, a class of BSDEs introduced in [9] for representing fully nonlinear HJB equations. In particular, this allows…

Probability · Mathematics 2019-07-11 Idris Kharroubi , Nicolas Langrené , Huyên Pham

This paper addresses the existence and uniqueness of solutions to Reflected Generalized Backward Stochastic Differential Equations (GRBSDEs) within a general filtration that supports a Brownian motion and an independent integer-valued…

Probability · Mathematics 2026-03-09 Badr Elmansouri , Mohamed El Otmani