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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

In this note, we study a class of indefinite stochastic McKean-Vlasov linear-quadratic (LQ in short) control problem under the control taking nonnegative values. In contrast to the conventional issue, both the classical dynamic programming…

Optimization and Control · Mathematics 2023-10-05 Xun Li , Liangquan Zhang

We study optimal control problems for interacting branching diffusion processes, a class of measure-valued dynamics capturing both spatial motion and branching mechanisms. From the perspective of the dynamic programming principle, we…

Optimization and Control · Mathematics 2026-01-19 Antonio Ocello

We consider an initial value problem for a Hamilton--Jacobi equation with a quadratic and degenerate Hamiltonian. Our Hamiltonian comes from the dynamics of $N$-peakon in the Camassa--Holm equation. It is given by a quadratic form with a…

Analysis of PDEs · Mathematics 2020-07-06 Tomasz Cieślak , Jakub Siemianowski , Andrzej Święch

This article explores an optimal stopping problem for branching diffusion processes. It consists in looking for optimal stopping lines, a type of stopping time that maintains the branching structure of the processes under analysis. By using…

Probability · Mathematics 2024-12-31 Idris Kharroubi , Antonio Ocello

A large number of recent studies consider a compartmental SIR model to study optimal control policies aimed at containing the diffusion of COVID-19 while minimizing the economic costs of preventive measures. Such problems are non-convex and…

Optimization and Control · Mathematics 2022-12-21 Alessandro Calvia , Fausto Gozzi , Francesco Lippi , Giovanni Zanco

We perform a systematic study of optimization problems in the Wasserstein spaces that are analogs of infinite horizon, deterministic control problems. We derive necessary conditions on action minimizing paths and present a sufficient…

Analysis of PDEs · Mathematics 2014-06-25 Ryan Hynd , Hwa Kil Kim

This paper is devoted to the stochastic optimal control problem of infinite-dimensional differential systems allowing for both path-dependence and measurable randomness. As opposed to the deterministic path-dependent cases studied by…

Optimization and Control · Mathematics 2023-07-19 Jinniao Qiu , Yang Yang

We propose and analyze a time-stepping discontinuous Petrov-Galerkin method combined with the continuous conforming finite element method in space for the numerical solution of time-fractional subdiffusion problems. We prove the existence,…

Numerical Analysis · Mathematics 2014-09-09 Kassem Mustapha , Basheer Abdallah , Khaled Furati

In this paper we study an optimization problem in which the control is information, more precisely, the control is a $\sigma$-algebra or a filtration. In a dynamic setting, we establish the dynamic programming principle and the law…

Optimization and Control · Mathematics 2026-03-31 Zihao Gu , Jianfeng Zhang

In this paper, we study the delayed stochastic recursive optimal control problem with a non-Lipschitz generator, in which both the dynamics of the control system and the recursive cost functional depend on the past path segment of the state…

Optimization and Control · Mathematics 2023-12-27 Jiaqiang Wen , Zhen Wu , Qi Zhang

In this paper, we study the existence and uniqueness of viscosity solutions to a kind of Hamilton-Jacobi-Bellman (HJB) equations combined with algebra equations. This HJB equation is related to a stochastic optimal control problem for which…

Optimization and Control · Mathematics 2019-06-19 Mingshang Hu , Shaolin Ji , Xiaole Xue

We address the problem of making a managerial decision when the investment project is subsidized, which results in the resolution of an infinite-horizon optimal stopping problem of a switching diffusion driven by either an homogeneous or an…

Probability · Mathematics 2018-02-28 Carlos Oliveira , Nicolas Perkowski

The hybrid optimal control problem with reach time to a target set is addressed and the continuity and uniqueness of the associated value function is proved. Hybrid systems involves interaction of different types of dynamics: continuous and…

Optimization and Control · Mathematics 2016-08-05 Myong-Song Ho , Kwang-Nam Oh , Chol-Jun Hwang

We consider an optimal control problem constrained by a parabolic partial differential equation (PDE) with Robin boundary conditions. We use a well-posed space-time variational formulation in Lebesgue--Bochner spaces with minimal…

Numerical Analysis · Mathematics 2022-12-06 Nina Beranek , M. Alexander Reinhold , Karsten Urban

We consider a class of stochastic control problems where the state process is a probability measure-valued process satisfying an additional martingale condition on its dynamics, called measure-valued martingales (MVMs). We establish the…

Probability · Mathematics 2023-08-29 Alexander M. G. Cox , Sigrid Källblad , Martin Larsson , Sara Svaluto-Ferro

The properties of value functions of time inhomogeneous optimal stopping problem and zero-sum game (Dynkin game) are studied through time dependent Dirichlet form. Under the absolute continuity condition on the transition function of the…

Optimization and Control · Mathematics 2013-06-28 Yipeng Yang

We consider the control problem with \textit{exit time}. Unlike the Bolza and Mayer problems, in this problem the terminal time of the trajectories is not fixed, but it is the first time at which they reach a given closed subset -…

Optimization and Control · Mathematics 2017-05-10 Luong V. Nguyen

In this paper we analyze the optimal value function $v$ associated to a general parametric optimization problems via the theory of viscosity solutions. The novelty is that we obtain regularity properties of $v$ by showing that it is a…

Analysis of PDEs · Mathematics 2020-12-08 Ochoa Pablo , Virginia N. Vera de Serio

We study the optimal stopping problem for a monotonous dynamic risk measure induced by a BSDE with jumps in the Markovian case. We show that the value function is a viscosity solution of an obstacle problem for a partial…

Optimization and Control · Mathematics 2014-07-01 Roxana Dumitrescu , Marie-Claire Quenez , Agnès Sulem