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This paper studies uniform stabilization and social optimality for linear quadratic (LQ) mean field control problems with multiplicative noise, where agents are coupled via dynamics and individual costs. The state and control weights in…

Optimization and Control · Mathematics 2022-03-31 Bingchang Wang , Huanshui Zhang

This paper focuses on linear-quadratic (LQ for short) mean-field games described by forward-backward stochastic differential equations (FBSDEs for short), in which the individual control region is postulated to be convex. The decentralized…

Optimization and Control · Mathematics 2021-04-09 Liangquan Zhang , Xun Li

Recently, there has been a growing interest in generative models based on diffusions driven by the empirical robustness of these methods in generating high-dimensional photorealistic images and the possibility of using the vast existing…

Machine Learning · Statistics 2025-05-13 Jairon H. N. Batista , Flávio B. Gonçalves , Yuri F. Saporito , Rodrigo S. Targino

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

Mathematical mean-field approaches have been used in many fields, not only in Physics and Chemistry, but also recently in Finance, Economics, and Game Theory. In this paper we will study a new special mean-field problem in a purely…

Probability · Mathematics 2012-10-03 Juan Li

This paper discusses the \( H_2/H_{\infty} \) control problem for continuous-time mean-field linear stochastic systems with affine terms over a finite horizon. We employ the Mean-Field Stochastic Bounded Real Lemma (MF-SBRL), which provides…

Optimization and Control · Mathematics 2025-07-29 Xuling Fang , Jun Moon , Maoning Tang , Qingxin Meng

The finite horizon $H_2/H_\infty$ control problem of mean-field type for discrete-time systems is considered in this paper. Firstly, we derive a mean-field stochastic bounded real lemma (SBRL). Secondly, a sufficient condition for the…

Optimization and Control · Mathematics 2016-07-05 Zhang Weihai , Ma Limin

In this paper, we propose a deep learning based numerical scheme for strongly coupled FBSDEs, stemming from stochastic control. It is a modification of the deep BSDE method in which the initial value to the backward equation is not a free…

Optimization and Control · Mathematics 2023-02-10 Kristoffer Andersson , Adam Andersson , Cornelis W. Oosterlee

We consider a data-driven formulation of the classical discrete-time stochastic control problem. Our approach exploits the natural structure of many such problems, in which significant portions of the system are uncontrolled. Employing the…

Optimization and Control · Mathematics 2025-08-25 Boris Baros , Samuel N. Cohen , Christoph Reisinger

We consider a general class of stochastic optimal control problems, where the state process lives in a real separable Hilbert space and is driven by a cylindrical Brownian motion and a Poisson random measure; no special structure is imposed…

Probability · Mathematics 2018-10-04 Elena Bandini , Fulvia Confortola , Andrea Cosso

We study risk-sensitive optimal control of a stochastic differential equation (SDE) of mean-field type, where the coefficients are allowed to depend on some functional of the law as well as the state and control processes. Moreover the…

Optimization and Control · Mathematics 2017-02-07 Alain Bensoussan , Boualem Djehiche , Hamidou Tembine , Phillip Yam

A dynamic mean field theory is developed for finite state and action Bayesian reinforcement learning in the large state space limit. In an analogy with statistical physics, the Bellman equation is studied as a disordered dynamical system;…

Machine Learning · Statistics 2023-07-13 George Stamatescu

We propose a new method for the numerical solution of the forward-backward stochastic differential equations (FBSDE) appearing in the Feynman-Kac representation of the value function in stochastic optimal control problems. Using Girsanov's…

Optimization and Control · Mathematics 2022-10-20 Kelsey P. Hawkins , Ali Pakniyat , Evangelos Theodorou , Panagiotis Tsiotras

The ergodic control problem for a non-degenerate controlled diffusion controlled through its drift is considered under a uniform stability condition that ensures the well-posedness of the associated Hamilton-Jacobi-Bellman (HJB) equation. A…

Optimization and Control · Mathematics 2019-03-20 Ari Arapostathis , Vivek S. Borkar

We consider Mc Kean-Vlasov stochastic differential equations (MVSDEs), which are SDEs where the drift and diffusion coefficients depend not only on the state of the unknown process but also on its probability distribution. This type of SDEs…

Probability · Mathematics 2019-02-12 Khaled Bahlali , Mohamed Amine Mezerdi , Brahim Mezerdi

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

In this paper, we analyze the mean field backward stochastic differential equations (MFBSDEs) with double mean reflections, whose generator and constraints both depend on the distribution of the solution. When the generator is Lipschitz…

Probability · Mathematics 2026-01-12 Hanwu Li , Jin Shi

In this paper we study the classical solution to the master equation arising from mean-field games (MFGs) driven by jump-diffusion processes. The master equation, a nonlinear partial differential equation on Wasserstein space, characterizes…

Probability · Mathematics 2026-01-28 Jiusheng Liu , Jing Zhang

Two novel numerical estimators are proposed for solving forward-backward stochastic differential equations (FBSDEs) appearing in the Feynman-Kac representation of the value function in stochastic optimal control problems. In contrast to the…

Optimization and Control · Mathematics 2021-10-01 Kelsey P. Hawkins , Ali Pakniyat , Panagiotis Tsiotras

The solution to a stochastic optimal control problem can be determined by computing the value function from a discretization of the associated Hamilton-Jacobi-Bellman equation. Alternatively, the problem can be reformulated in terms of a…

Optimization and Control · Mathematics 2024-02-29 Sebastian Reich