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This paper is concerned with a time-inconsistent stochastic optimal control problem in an infinite time horizon with a non-degenerate diffusion in the state equation. A major assumption is that people become rational after a large time.…

Optimization and Control · Mathematics 2025-09-19 Qingmeng Wei , Jiongmin Yong

A general time-inconsistent optimal control problem is considered for stochastic differential equations with deterministic coefficients. Under suitable conditions, a Hamilton-Jacobi-Bellman type equation is derived for the equilibrium value…

Optimization and Control · Mathematics 2012-04-04 Jiongmin Yong

We consider a continuous time stochastic optimal control problem under both equality and inequality constraints on the expectation of some functionals of the controlled process. Under a qualification condition, we show that the problem is…

Optimization and Control · Mathematics 2021-07-09 Laurent Pfeiffer , Xiaolu Tan , Yulong Zhou

This paper presents the equivalence between minimal time and minimal norm control problems for internally controlled heat equations. The target is an arbitrarily fixed bounded, closed and convex set with a nonempty interior in the state…

Optimization and Control · Mathematics 2016-09-23 Shulin Qin , Gengsheng Wang

This paper builds up two equivalence theorems for different kinds of optimal control problems of internally controlled Schr\"{o}dinger equations. The first one concerns with the equivalence of the minimal norm and the minimal time control…

Optimization and Control · Mathematics 2013-01-29 Y. Zhang

In this paper, which is a continuation of the previously published discrete time paper we develop a theory for continuous time stochastic control problems which, in various ways, are time inconsistent in the sense that they do not admit a…

Optimization and Control · Mathematics 2016-12-13 Tomas Björk , Mariana Khapko , Agatha Murgoci

This paper consists of a detailed and novel stochastic optimal control analysis of a coupled non-linear dynamical system. The state equations are modeled as additional food provided prey-predator system with Holling Type-III functional…

Optimization and Control · Mathematics 2023-09-01 D. Bhanu Prakash , D. K. K. Vamsi

Many techniques originally developed in the context of deterministic control theory have been recently applied to the quest for optimal protocols in stochastic processes. Given a system subject to environmental fluctuations, one may ask…

Statistical Mechanics · Physics 2025-01-15 Dario Lucente , Alessandro Manacorda , Andrea Plati , Alessandro Sarracino , Marco Baldovin

In this paper a priori error estimates are derived for full discretization (in space and time) of time-optimal control problems. Various convergence results for the optimal time and the control variable are proved under different…

Optimization and Control · Mathematics 2018-09-19 Lucas Bonifacius , Konstantin Pieper , Boris Vexler

We consider a controlled state equation of parabolic type on the halfline $(0,+\infty)$ with boundary conditions of Dirichlet type in which the unknown is equal to the sum of the control and of a white noise in time. We study finite horizon…

Probability · Mathematics 2013-04-10 Federica Masiero

This paper studies a time-changed stochastic control problem, where the underlying stochastic process is a L\'evy noise time-changed by an inverse subordinator. We establish a maximum principle theory for the time-changed stochastic control…

Probability · Mathematics 2019-05-29 Erkan Nane , Yinan Ni

This paper concerns some time optimal control problems of three different ordinary differential equations in $\mathbb{R}^2$. Corresponding to certain initial data and controls, the solutions of the systems quench at finite time. The goal to…

Optimization and Control · Mathematics 2012-09-06 Ping Lin

In this study, we propose a varying terminal time structure for the optimal control problem under state constraints, in which the terminal time follows the varying of the control via the constrained condition. Focusing on this new optimal…

Optimization and Control · Mathematics 2020-06-17 Shuzhen Yang

In this article, the optimal control problem for a harmonic oscillator with an inequality constraint is considered. The applied energy of the oscillator during a fixed final time period is used as the performance criterion. The analytical…

Systems and Control · Electrical Eng. & Systems 2023-10-02 Mi Zhou , Erik I Verriest , Chaouki Abdallah

In this paper, we consider a varying terminal time structure for the stochastic optimal control problem under state constraints, in which the terminal time varies with the mean value of the state. In this new stochastic optimal control…

Optimization and Control · Mathematics 2024-09-05 Jin Shi , Shuzhen Yang

In this study, we consider an optimal control problem driven by a stochastic differential system with a stopping time terminal cost functional. We establish the stochastic maximum principle for this new kind of an optimal control problem by…

Optimization and Control · Mathematics 2018-12-11 Shuzhen Yang

We study the optimal control of a steady-state dead oil isotherm problem. The problem is described by a system of nonlinear partial differential equations resulting from the traditional modelling of oil engineering within the framework of…

Optimization and Control · Mathematics 2013-10-03 Moulay Rchid Sidi Ammi , Agnieszka B. Malinowska , Delfim F. M. Torres

We study the optimal control of storage which is used for both arbitrage and buffering against unexpected events, with particular applications to the control of energy systems in a stochastic and typically time-heterogeneous environment.…

Optimization and Control · Mathematics 2015-09-22 James Cruise , Stan Zachary

The minimization of energy-like cost functionals is addressed in the context of optimal control problems. For a general class of dynamical systems, with possibly unstable and nonlinear free dynamics, it is shown that a sequence of solutions…

Optimization and Control · Mathematics 2022-12-06 Sérgio S. Rodrigues

In this paper, minimal time and minimal norm control problems are studied. The target sets considered are the origin of state spaces and controls are point-wisely bounded functions. The system stuided in this paper is assumed to have no the…

Optimization and Control · Mathematics 2016-03-18 Gengsheng Wang , Yubiao Zhang