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We study the optimal control of an infinite-dimensional stochastic system governed by an SDE in a separable Hilbert space driven by cylindrical stable noise. We establish the existence and uniqueness of a mild solution to the associated HJB…

Probability · Mathematics 2025-04-08 Alessandro Bondi , Fausto Gozzi , Enrico Priola , Jerzy Zabczyk

We consider the computation of free energy-like quantities for diffusions in high dimension, when resorting to Monte Carlo simulation is necessary. Such stochastic computations typically suffer from high variance, in particular in a low…

Numerical Analysis · Mathematics 2023-07-06 Grégoire Ferré

We propose and study a temporal, and spatio-temporal discretisation of the 2D stochastic Navier--Stokes equations in bounded domains supplemented with no-slip boundary conditions. Considering additive noise, we base its construction on the…

Numerical Analysis · Mathematics 2022-03-23 Dominic Breit , Andreas Prohl

Building upon the well-posedness results in \cite{snse1}, in this note we prove the existence of invariant measures for the stochastic Navier-Stokes equations with stable L\'evy noise. The crux of our proof relies on the assumption of…

Probability · Mathematics 2018-12-14 Leanne Dong

In this paper, we introduce Hamilton-Jacobi-Bellman (HJB) equations for Q-functions in continuous time optimal control problems with Lipschitz continuous controls. The standard Q-function used in reinforcement learning is shown to be the…

Optimization and Control · Mathematics 2020-05-05 Jeongho Kim , Insoon Yang

This paper is concerned with an optimal control problem for a forward-backward stochastic differential equation (FBSDE, for short) with a recursive cost functional determined by a backward stochastic Volterra integral equation (BSVIE, for…

Optimization and Control · Mathematics 2022-09-20 Hanxiao Wang , Jiongmin Yong , Chao Zhou

In this article, the notion of viscosity solution is introduced for the path-dependent Hamilton-Jacobi-Bellman (PHJB) equations associated with the optimal control problems for path-dependent stochastic differential equations. We identify…

Optimization and Control · Mathematics 2020-04-07 Jianjun Zhou

In this paper we consider a family of optimal control problems for economic models whose state variables are driven by Delay Differential Equations (DDE's). We consider two main examples: an AK model with vintage capital and an advertising…

Optimization and Control · Mathematics 2007-05-23 Giorgio Fabbri , Silvia Faggian , Fausto Gozzi

We consider a velocity tracking problem for stochastic Navier-Stokes equations in a 2D-bounded domain. The control acts on the boundary through an injection-suction device with uncertainty, which acts in accordance with the non-homogeneous…

Probability · Mathematics 2024-09-04 Nikolai Chemetov , Fernanda Cipriano

Martingale solutions of stochastic Navier-Stokes equations in 2D and 3D possibly unbounded domains, driven by the L\'evy noise consisting of the compensated time homogeneous Poisson random measure and the Wiener process are considered.…

Probability · Mathematics 2012-09-03 Elżbieta Motyl

In this paper, we show that the value functions of mean field control problems with common noise are the unique viscosity solutions to fully second-order Hamilton-Jacobi-Bellman equations, in a Crandall-Lions-like framework. We allow the…

Optimization and Control · Mathematics 2025-01-06 Erhan Bayraktar , Hang Cheung , Ibrahim Ekren , Jinniao Qiu , Ho Man Tai , Xin Zhang

Option contracts on two underlying assets within uncertain volatility models have their worst-case and best-case prices determined by a two-dimensional (2D) Hamilton-Jacobi-Bellman (HJB) partial differential equation (PDE) with…

Computational Finance · Quantitative Finance 2025-06-19 Duy-Minh Dang , Hao Zhou

In this paper we study stochastic optimal control problems of fully coupled forward-backward stochastic differential equations (FBSDEs). The recursive cost functionals are defined by controlled fully coupled FBSDEs. We study two cases of…

Optimization and Control · Mathematics 2013-02-06 Juan Li , Qingmeng Wei

In this work we study an optimal control problem subject to the instationary Navier-Stokes equations, where the control enters via an inhomogeneous Neumann/Do-Nothing boundary condition. Despite the Navier-Stokes equations with these…

Optimization and Control · Mathematics 2026-05-20 Boris Vexler , Jakob Wagner

In this paper we present a novel sampling-based numerical scheme designed to solve a certain class of stochastic optimal control problems, utilizing forward and backward stochastic differential equations (FBSDEs). By means of a nonlinear…

Systems and Control · Computer Science 2020-06-18 Ioannis Exarchos , Evangelos A. Theodorou

In this paper we study the optimal stochastic control problem for stochastic differential systems reflected in a domain. The cost functional is a recursive one, which is defined via generalized backward stochastic differential equations…

Probability · Mathematics 2013-08-26 Juan Li , Shanjian Tang

This article proposes an improved trajectory optimization approach for stochastic optimal control of dynamical systems affected by measurement noise by combining optimal control with maximum likelihood techniques to improve the reduction of…

Systems and Control · Electrical Eng. & Systems 2023-12-25 Prakash Mallick , Zhiyong Chen

Following the recent resurgence in establishing linear control theoretic benchmarks for reinforcement leaning (RL)-based policy optimization (PO) for complex dynamical systems with continuous state and action spaces, an optimal control…

Systems and Control · Electrical Eng. & Systems 2023-06-30 Leilei Cui , Lekan Molu

In this paper, we propose and study the stochastic path-dependent Hamilton-Jacobi-Bellman (SPHJB) equation that arises naturally from the optimal stochastic control problem of stochastic differential equations with path-dependence and…

Probability · Mathematics 2020-06-24 Jinniao Qiu

We deal with an infinite horizon, infinite dimensional stochastic optimal control problem arising in the study of economic growth in time-space. Such problem has been the object of various papers in deterministic cases when the possible…

Optimization and Control · Mathematics 2022-03-14 Fausto Gozzi , Marta Leocata