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A recent result from [AtES24] allows one to define variational solutions of the Dirichlet problem for general continuous boundary data. We establish basic properties of this notion of solution and show that it coincides with the Perron…

Analysis of PDEs · Mathematics 2025-12-18 Wolfgang Arendt , Daniel Daners , Manfred Sauter

The main objective of this paper and the accompanying one \cite{ETZ2} is to provide a notion of viscosity solutions for fully nonlinear parabolic path-dependent PDEs. Our definition extends our previous work \cite{EKTZ}, focused on the…

Probability · Mathematics 2014-09-15 Ibrahim Ekren , Nizar Touzi , Jianfeng Zhang

We study a zero-sum stochastic differential switching game in infinite horizon. We prove the existence of the value of the game and characterize it as the unique viscosity solution of the associated system of quasi-variational inequalities…

Optimization and Control · Mathematics 2018-05-04 Brahim El Asri , Sehail Mazid

Solutions to optimal control problems can be discontinuous, even if all the functionals defining the problem are smooth. This can cause difficulties when numerically computing solutions to these problems. While conventional numerical…

Optimization and Control · Mathematics 2022-11-21 Lucian Nita , Eric C. Kerrigan , Eduardo M. G. Vila , Yuanbo Nie

This work is devoted to study the global existence of strong and classical solutions to compressible Navier-Stokes equations with or without density jump on the moving boundary for spherically symmetric motion. We establish a unified method…

Analysis of PDEs · Mathematics 2020-07-07 Xin Liu

The paper studies a class of multidimensional optimal stopping problems with infinite horizon for linear switching diffusions. There are two main novelties in the optimal problems considered: the underlying stochastic process has…

Probability · Mathematics 2021-08-02 Philip Ernst , Hongwei Mei

In this paper, we establish a new uniqueness result of a (continuous) viscosity solution for some integro-partial differential equation (IPDE in short). The novelty is that we relax the so-called monotonicity assumption on the driver,…

Analysis of PDEs · Mathematics 2015-05-12 Marie-Amélie Morlais , Said Hamadène

In this paper, we study optimal switching problems under ambiguity. To characterize the optimal switching under ambiguity in the finite horizon, we use multidimensional reflected backward stochastic differential equations (multidimensional…

Mathematical Finance · Quantitative Finance 2016-08-23 Yuki Shigeta

We introduce a notion of viscosity solutions for the two-phase Stefan problem, which incorporates possible existence of a mushy region generated by the initial data. We show that a comparison principle holds between viscosity solutions, and…

Analysis of PDEs · Mathematics 2010-10-21 Inwon C. Kim , Norbert Pozar

The Switch Point Algorithm is a new approach for solving optimal control problems whose solutions are either singular or bang-bang or both singular and bang-bang, and which possess a finite number of jump discontinuities in an optimal…

Optimization and Control · Mathematics 2021-07-20 Mahya Aghaee , William W. Hager

We introduce a probabilistic version of the classical Perron's method to construct viscosity solutions to linear parabolic equations associated to stochastic differential equations. Using this method, we construct easily two viscosity (sub…

Probability · Mathematics 2011-07-14 Erhan Bayraktar , Mihai Sirbu

This paper proposes a new method to address the long-standing problem of lack of monotonicity in estimation of the conditional and structural quantile function, also known as quantile crossing problem. Quantile regression is a very powerful…

Machine Learning · Statistics 2021-11-25 Resve A. Saleh , A. K. Md. Ehsanes Saleh

We study fully nonlinear second-order (forward) stochastic partial differential equations (SPDEs). They can also be viewed as forward path-dependent PDEs (PPDEs) and will be treated as rough PDEs (RPDEs) under a unified framework. We…

Probability · Mathematics 2018-10-02 Rainer Buckdahn , Christian Keller , Jin Ma , Jianfeng Zhang

We consider Hamilton--Jacobi equations, where the Hamiltonian depends discontinuously on both the spatial and temporal location. Our main results are the existence and well--posedness of a viscosity solution to the Cauchy problem. We define…

Analysis of PDEs · Mathematics 2007-05-23 Giuseppe Maria Coclite , Nils Henrik Risebro

We give a new proof of the fact that the value function of the finite time horizon American put option for a jump diffusion, when the jumps are from a compound Poisson process, is the classical solution of a free boundary equation. We also…

Optimization and Control · Mathematics 2008-12-10 Erhan Bayraktar

We demonstrate how meshfree finite difference methods can be applied to solve vector Poisson problems with electric boundary conditions. In these, the tangential velocity and the incompressibility of the vector field are prescribed at the…

Numerical Analysis · Mathematics 2023-08-17 Dong Zhou , Benjamin Seibold , David Shirokoff , Prince Chidyagwai , Rodolfo Ruben Rosales

We consider stochastic impulse control problems when the impulses cost functions are arbitrary. We use the dynamic programming principle and viscosity solutions approach to show that the value function is a unique viscosity solution for the…

Optimization and Control · Mathematics 2019-01-17 Brahim El Asri , Sehail Mazid

An automated framework is presented for the numerical solution of optimal control problems with PDEs as constraints, in both the stationary and instationary settings. The associated code can solve both linear and non-linear problems, and…

Numerical Analysis · Mathematics 2024-09-02 Santolo Leveque , James R. Maddison , John W. Pearson

We explicitly solve the optimal switching problem for one-dimensional diffusions by directly employing the dynamic programming principle and the excessive characterization of the value function. The shape of the value function and the…

Optimization and Control · Mathematics 2009-05-25 Erhan Bayraktar , Masahiko Egami

We introduce an optimisation method for variational quantum algorithms and experimentally demonstrate a 100-fold improvement in efficiency compared to naive implementations. The effectiveness of our approach is shown by obtaining…