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The turnpike property refers to the phenomenon that in many optimal control problems, the solutions for different initial conditions and varying horizons approach a neighborhood of a specific steady state, then stay in this neighborhood for…

Optimization and Control · Mathematics 2021-03-17 Timm Faulwasser , Lars Grüne

We obtain turnpike results for optimal control problems with lack of stabilizability in the state equation and/or detectability in the state term in the cost functional. We show how, under weakened stabilizability/detectability conditions,…

Optimization and Control · Mathematics 2020-07-29 Dario Pighin , Noboru Sakamoto

The paper establishes the exponential turnpike property for a class of mean-field stochastic linear-quadratic (LQ) optimal control problems with periodic coefficients. It first introduces the concepts of stability, stabilizability, and…

Optimization and Control · Mathematics 2024-07-26 Jingrui Sun , Lvning Yuan , Jiaqi Zhang

We deduce a sufficient condition of the exponential (integral) turnpike property for infinite dimensional generalized linear-quadratic optimal control problems in terms of structural properties of the control system, such as exponential…

Optimization and Control · Mathematics 2024-03-13 Zhuqing Li , Roberto Guglielmi

We revisit finite-dimensional linear-quadratic optimal control from the viewpoint of differential flatness. If the pair (A, B) is controllable, then the linear control system is flat, and every trajectory can be parametrized by a flat…

Optimization and Control · Mathematics 2026-04-08 Michel Fliess , Claude Lobry , Emmanuel Trélat

We introduce and study the turnpike property for time-varying shapes, within the viewpoint of optimal control. We focus here on second-order linear parabolic equations where the shape acts as a source term and we seek the optimal…

Analysis of PDEs · Mathematics 2020-06-23 Gontran Lance , Emmanuel Trélat , Enrique Zuazua

In this paper, problems of optimal control are considered where in the objective function, in addition to the control cost there is a tracking term that measures the distance to a desired stationary state. The tracking term is given by some…

Optimization and Control · Mathematics 2020-06-15 Martin Gugat , Michael Schuster , Enrique Zuazua

In this work we derive an interval turnpike result for adjoints of finite- and infinite-dimensional nonlinear optimal control problems under the assumption of an interval turnpike on states and controls. We consider stabilizable dynamics…

Optimization and Control · Mathematics 2020-05-26 Timm Faulwasser , Lars Grüne , Jukka-Pekka Humaloja , Manuel Schaller

The paper deals with a problem of control of a system characterized by the fact that the influence of controls on the dynamics of certain functions of state variables (called observables) is relatively weak and the rates of change of these…

Optimization and Control · Mathematics 2016-08-12 Vladimir Gaitsgory , Sergey Rossomakhine

We study the asymptotic behavior of solutions to linear-quadratic mean field stochastic optimal control problems. By formulating an ergodic control framework, we characterize the convergence between the finite time horizon control problem…

Optimization and Control · Mathematics 2025-10-24 Erhan Bayraktar , Jiamin Jian

This paper presents, using dynamical system theory, a framework for investigating the turnpike property in nonlinear optimal control. First, it is shown that a turnpike-like property appears in general dynamical systems with hyperbolic…

Optimization and Control · Mathematics 2021-02-10 Noboru Sakamoto , Enrique Zuazua

We investigate the interior turnpike phenomenon for discrete-time multi-agent optimal control problems. While for continuous systems the turnpike property has been established, we focus here on first-order discretizations of such systems.…

Optimization and Control · Mathematics 2024-04-12 Martin Gugat , Michael Herty , Jiehong Liu , Chiara Segala

This paper considers an optimal control problem for a linear mean-field stochastic differential equation having regime switching with quadratic functional in the large time horizons. Our main contribution lies in establishing the strong…

Optimization and Control · Mathematics 2025-11-04 Hongwei Mei , Svetlozar Rachev , Rui Wang

This paper deals with the long time behavior of the optimal solution of stochastic backward linear-quadratic optimal control problem over the finite time horizon. Both weak and strong turnpike properties are established under appropriate…

Optimization and Control · Mathematics 2023-09-08 Yuyang Chen , Peng Luo

We consider irreversible and coupled reversible-irreversible nonlinear port-Hamiltonian systems and the respective sets of thermodynamic equilibria. In particular, we are concerned with optimal state transitions and output stabilization on…

Optimization and Control · Mathematics 2024-10-08 Friedrich Philipp , Manuel Schaller , Karl Worthmann , Timm Faulwasser , Bernhard Maschke

This paper presents a simulation study on turnpike phenomena in stochastic optimal control problems. We employ the framework of Polynomial Chaos Expansions (PCE) to investigate the presence of turnpikes in stochastic LQ problems. Our…

Systems and Control · Electrical Eng. & Systems 2020-10-26 Ruchuan Ou , Michael Heinrich Baumann , Lars Grüne , Timm Faulwasser

In this paper, we introduce and study different dissipativity notions and different turnpike properties for discrete-time stochastic nonlinear optimal control problems. The proposed stochastic dissipativity notions extend the classic notion…

Optimization and Control · Mathematics 2025-04-02 Jonas Schießl , Michael H. Baumann , Timm Faulwasser , Lars Grüne

We study problems of optimal boundary control with systems governed by linear hyperbolic partial differential equations. The objective function is quadratic and given by an integral over the finite time interval $(0,\, T)$ that depends on…

Analysis of PDEs · Mathematics 2018-11-08 Martin Gugat , Falk Hante

In this paper, we present performance estimates for stochastic economic MPC schemes with risk-averse cost formulations. For MPC algorithms with costs given by the expectation of stage cost evaluated in random variables, it was recently…

Optimization and Control · Mathematics 2025-04-02 Jonas Schießl , Ruchuan Ou , Michael H. Baumann , Timm Faulwasser , Lars Grüne

Turnpike theorems state that if an investor's utility is asymptotically equivalent to a power utility, then the optimal investment strategy converges to the CRRA strategy as the investment horizon tends to infinity. This paper aims to…

Portfolio Management · Quantitative Finance 2025-12-02 Hiroki Yamamichi