English
Related papers

Related papers: A Global Maximum Principle for Controlled Conditio…

200 papers

In the present paper, by using the relaxed transposition method[29], we solve the second-order adjoint equations, corresponding to the optimal control of quantum stochastic systems in fermion fields, which plays the fundamental roles in the…

Optimization and Control · Mathematics 2024-09-04 Penghui Wang , Shan Wang

In this paper, we study general mean-field backward stochastic differential equations (BSDEs, for short) with quadratic growth. First, the existence and uniqueness of local and global solutions are proved with some new ideas for a…

Probability · Mathematics 2024-02-02 Tao Hao , Ying Hu , Shanjian Tang , Jiaqiang Wen

We study the problem of optimal control for mean-field stochastic partial differential equations (stochastic evolution equations) driven by a Brownian motion and an independent Poisson random measure, in the case of \textit{partial…

Optimization and Control · Mathematics 2017-04-12 Roxana Dumitrescu , Bernt Øksendal , Agnès Sulem

In this paper, we obtain the maximum principle for optimal controls of stochastic systems with jumps by introducing a new method of variation. The control is allowed to enter both diffusion and jump term and the control domain need not to…

Optimization and Control · Mathematics 2019-10-10 Yuanzhuo Song , Shanjian Tang , Zhen Wu

In [5] the authors obtained Mean-Field backward stochastic differential equations (BSDE) associated with a Mean-field stochastic differential equation (SDE) in a natural way as limit of some highly dimensional system of forward and backward…

Probability · Mathematics 2007-11-21 Rainer Buckdahn , Juan Li , Shige Peng

We study a class of mean-field stochastic differential equations driven by a fractional Brownian motion with Hurst parameter $H\in(1/2,1)$ and a related stochastic control problem. We derive a Pontryagin type maximum principle and the…

Optimization and Control · Mathematics 2017-07-10 Rainer Buckdahn , Shuai Jing

Motivated by linear-quadratic optimal control problems (LQ problems, for short) for mean-field stochastic differential equations (SDEs, for short) with the coefficients containing regime switching governed by a Markov chain, we consider an…

Optimization and Control · Mathematics 2023-08-02 Hongwei Mei , Qingmeng Wei , Jiongmin Yong

In this paper, we study non-homogeneous stochastic linear-quadratic (LQ) optimal control problems with multi-dimensional state and regime switching. We focus on the corresponding stochastic Riccati equation, which is the same as that one in…

Optimization and Control · Mathematics 2024-04-02 Yuyang Chen , Peng Luo

We develop a necessary stochastic maximum principle for a finite-dimensional stochastic control problem in infinite horizon under a polynomial growth and joint monotonicity assumption on the coefficients. The second assumption generalizes…

Probability · Mathematics 2017-03-14 Carlo Orrieri , Petr Veverka

In this paper we obtain results for the existence and uniqueness of solutions to coupled Forward-Backward Stochastic Differential Equations (FBSDEs) with jumps defined on a random environment. This environment corresponds to a…

Probability · Mathematics 2024-01-19 Daniel Hernández-Hernández , Joshué Helí Ricalde-Guerrero

The purpose of this paper is to study the following topics and the relation between them: (i) Optimal singular control of mean-field stochastic differential equations with memory, (ii) reflected advanced mean-field backward stochastic…

Optimization and Control · Mathematics 2018-10-26 Nacira Agram , Achref Bachouch , Bernt Øksendal , Frank Proske

This paper obtains the maximum principle for both stochastic (global) open-loop and stochastic (global) closed-loop Stackelberg differential games. For the closed-loop case, we use the theory of controlled forward-backward stochastic…

Optimization and Control · Mathematics 2012-10-30 Alain Bensoussan , Shaokuan Chen , Suresh P. Sethi

In this paper we consider a measure-theoretical formulation of the training of NeurODEs in the form of a mean-field optimal control with $L^2$-regularization of the control. We derive first order optimality conditions for the NeurODE…

Optimization and Control · Mathematics 2022-04-11 Benoît Bonnet , Cristina Cipriani , Massimo Fornasier , Hui Huang

Based on the stochastic maximum principle for the partially coupled forward-backward stochastic control system (FBSCS for short), a modified method of successive approximations (MSA for short) is established for stochastic recursive optimal…

Optimization and Control · Mathematics 2022-01-11 Shaolin Ji , Rundong Xu

This paper is concerned with a kind of linear-quadratic (LQ) optimal control problem of backward stochastic differential equation (BSDE) with partial information. The cost functional includes cross terms between the state and control, and…

Optimization and Control · Mathematics 2025-09-03 Jialong Li , Zhiyong Yu , Wanying Yue

This paper investigates a class of unified stochastic linear quadratic Gaussian (LQG) social optima problems involving a large number of weakly-coupled interactive agents under a {generalized} setting. For each individual agent, the control…

Optimization and Control · Mathematics 2020-05-15 Zhenghong Qiu , Jianhui Huang , Tinghan Xie

This paper investigates first the existence and uniqueness of solutions for McKean-Vlasov forward-backward doubly stochastic differential equations (MV-FBDSDEs) in infinite-dimensional real separable Hilbert spaces. These equations combine…

Probability · Mathematics 2024-07-15 AbdulRahman Al-Hussein , Abdelhakim Ninouh , Boulakhras Gherbal

Optimal control problems of forward-backward stochastic Volterra integral equations (FBSVIEs, in short) with closed control regions are formulated and studied. Instead of using spike variation method as one may imagine, here we turn to…

Optimization and Control · Mathematics 2016-02-19 Tianxiao Wang , Haisen Zhang

This paper deals with a stochastic recursive optimal control problem, where the diffusion coefficient depends on the control variable and the control domain is not necessarily convex. We focus on the connection between the general maximum…

Optimization and Control · Mathematics 2016-12-21 Tianyang Nie , Jingtao Shi , Zhen Wu

This paper is devoted to proposing a new asymmetric risk-sensitive criterion involving different risk attitudes toward varying risk sources. The criterion can only be defined through the initial value of the minimal solutions of quadratic…

Optimization and Control · Mathematics 2025-06-23 Mingshang Hu , Shaolin Ji , Rundong Xu , Xiaole Xue