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This paper is devoted to a global stochastic maximum principle for conditional mean-field forward-backward stochastic differential equations (FBSDEs, for short) with regime switching. The control domain is unnecessarily convex and the…

Optimization and Control · Mathematics 2022-12-06 Tao Hao , Jiaqiang Wen , Jie Xiong

We consider the stochastic control of a semi-linear stochastic partial differential equations (SPDE) of McKean-Vlasov type. Based on a recent novel approach to the Lions derivative for Banach space valued functions, we prove the Gateaux…

Probability · Mathematics 2025-08-12 Johan Benedikt Spille , Wilhelm Stannat

In this paper, we investigate an optimal control problem for McKean-Vlasov stochastic partial differential equations, in which the coefficients depend on the law of the state process. For systems with nonconvex control sets, we establish a…

Probability · Mathematics 2026-03-09 Liangying Chen , Wilhelm Stannat

In this paper we are interested in a new type of {\it mean-field}, non-Markovian stochastic control problems with partial observations. More precisely, we assume that the coefficients of the controlled dynamics depend not only on the paths…

Probability · Mathematics 2017-02-21 Rainer Buckdahn , Juan Li , Jin Ma

This paper is concerned with a class of mean-field type coupled forward-backward stochastic differential equations (MF-FBSDEs, for short), in which the coupling appears in integral terms, terminal terms, and initial terms. Inspired by…

Optimization and Control · Mathematics 2022-03-29 Ran Tian , Zhiyong Yu

In this paper, we focus on mean-field anticipated backward stochastic differential equations (MF-BSDEs, for short) driven by fractional Brownian motion with Hurst parameter H>1/2. First, the existence and uniqueness of this new type of…

Probability · Mathematics 2018-05-23 Soukaina Douissi , Jiaqiang Wen , Yufeng Shi

The maximum principle for optimal control problems of fully coupled forward-backward doubly stochastic differential equations (FBDSDEs in short) in the global form is obtained, under the assumptions that the diffusion coefficients do not…

Optimization and Control · Mathematics 2012-05-28 Liangquan Zhang , Yufeng Shi

This paper considers the problem of partially observed optimal control for forward stochastic systems which are driven by Brownian motions and an independent Poisson random measure with a feature that the cost functional is of mean-field…

Probability · Mathematics 2014-03-19 Yaozhong Hu , David Nualart , Qing Zhou

In this paper, we study the maximum principle for stochastic optimal control problems of forward-backward stochastic difference systems (FBS{\Delta}Ss). Two types of FBS{\Delta}Ss are investigated. The first one is described by a partially…

Optimization and Control · Mathematics 2019-01-01 Shaolin Ji , Haodong Liu

In this paper, we solve an optimal control problem governed by a system of mean-field stochastic differential equations with multiple defaults (MMFSDEs). We transform the global optimal control problem into several optimal control…

Optimization and Control · Mathematics 2024-04-09 Zhun Gou , Nan-jing Huang , Ming-hui Wang , Jian-hao Kang

In this paper we prove a necessary condition of the optimal control problem for a class of general mean-field forward-backward stochastic systems with jumps in the case where the diffusion coefficients depend on control, the control set…

Optimization and Control · Mathematics 2019-02-20 Tao Hao , Qingxin Meng

We derive a Maximum Principle for optimal control problems with constraints given by the coupling of a system of ODEs and a PDE of Vlasov-type. Such problems arise naturally as ${\Gamma}$-limits of optimal control problems subject to ODE…

Optimization and Control · Mathematics 2015-04-10 Mattia Bongini , Massimo Fornasier , Francesco Rossi , Francesco Solombrino

This paper is concerned with the partial information optimal control problem of mean-field type under partial observation, where the system is given by a controlled mean-field forward-backward stochastic differential equation with…

Optimization and Control · Mathematics 2017-08-21 Qingxin Meng , Qiuhong Shi , Maoning Tang

This paper investigates the optimal control problem for a class of nonlinear fully coupled forward-backward stochastic difference equations (FBS$\Delta$Es). Under the convexity assumption of the control domain, we establish a variational…

Optimization and Control · Mathematics 2025-12-02 Zhipeng Niu , Jun Moon , Qingxin Meng

This paper studies mean-field control with joint law dependence under dynamic expectation constraints and/or dynamic state-control-law constraints. We pioneer the establishment of the stochastic maximum principle (SMP) and the derivation of…

Optimization and Control · Mathematics 2026-04-24 Lijun Bo , Jingfei Wang , Xiang Yu

In this paper we focus on a general type of mean-field stochastic control problem with partial observation, in which the coefficients depend in a non-linear way not only on the state process $X_t$ and its control $u_t$ but also on the…

Optimization and Control · Mathematics 2021-11-23 Juan Li , Hao Liang , Chao Mi

Our paper is devoted to the study of Peng's stochastic maximum principle (SMP) for a stochastic control problem composed of a controlled forward stochastic differential equation (SDE) as dynamics and a controlled backward SDE which defines…

Optimization and Control · Mathematics 2024-04-11 Rainer Buckdahn , Juan Li , Yanwei Li , Yi Wang

Motivated by recent interest in graphon mean field games and their applications, this paper provides a comprehensive probabilistic analysis of graphon mean field control (GMFC) problems, where the controlled dynamics are governed by a…

Optimization and Control · Mathematics 2025-12-19 Zhongyuan Cao , Mathieu Laurière

We study Mean Field stochastic control problems where the cost function and the state dynamics depend upon the joint distribution of the controlled state and the control process. We prove suitable versions of the Pontryagin stochastic…

Optimization and Control · Mathematics 2018-06-26 Beatrice Acciaio , Julio Backhoff-Veraguas , Rene Carmona

In this paper, we consider a class of stochastic control problems for stochastic differential equations with random coefficients. The control domain need not to be convex but the control process is not allowed to enter in diffusion term.…

Optimization and Control · Mathematics 2020-08-06 Ishak Alia , Mohamed Sofiane Alia