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This paper concerns the macroscopic behavior of solutions to parabolic equations with large, highly oscillatory, random potential. When the correlation function of the random potential satisfies a specific integrability condition, we show…

概率论 · 数学 2014-08-06 Yu Gu , Guillaume Bal

In this paper, we provide an example of the optimal growth model in which there exist infinitely many solutions to the Hamilton-Jacobi-Bellman equation but the value function does not satisfy this equation. We consider the cause of this…

理论经济学 · 经济学 2024-01-15 Yuhki Hosoya

We study the stochastic homogenization for a Cauchy problem for a first-order Hamilton-Jacobi equation whose operator is not coercive w.r.t. the gradient variable. We look at Hamiltonians like $H(x,\sigma(x)p,\omega)$ where $\sigma(x)$ is a…

偏微分方程分析 · 数学 2017-07-04 Nicolas Dirr , Federica Dragoni , Paola Mannucci , Claudio Marchi

We consider the homogenization of parabolic equations with large spatially-dependent potentials modeled as Gaussian random fields. We derive the homogenized equations in the limit of vanishing correlation length of the random potential. We…

数学物理 · 物理学 2008-09-08 Guillaume Bal

We consider the value function originating from an expected utility maximization problem with finite fuel constraint and show its close relation to a nonlinear parabolic degenerated Hamilton-Jacobi-Bellman (HJB) equation with singularity.…

数理金融 · 定量金融 2015-10-14 Mourad Lazgham

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…

偏微分方程分析 · 数学 2020-07-06 Tomasz Cieślak , Jakub Siemianowski , Andrzej Święch

The following anticoncentration property is proved. The probability that the $k$-order statistic of an arbitrarily correlated jointly Gaussian random vector $X$ with unit variance components lies within an interval of length $\varepsilon$…

统计理论 · 数学 2021-07-23 Damian Kozbur

In this paper we study homogenization of a class of control problems in a stationary and ergodic random environment. This problem has been mostly studied in the calculus of variations setting in connection to the homogenization of the…

偏微分方程分析 · 数学 2018-06-21 Alexander Van-Brunt

We introduce a stochastic version of the optimal transport problem. We provide an analysis by means of the study of the associated Hamilton-Jacobi-Bellman equation, which is set on the set of probability measures. We introduce a new…

偏微分方程分析 · 数学 2024-05-22 Charles Bertucci

In this work we study the homogenization problem for nonlinear eigenvalues of quasilinear elliptic operators. We obtain an explicit order of convergence in $k$ and in $\varepsilon$ for the (variational) eigenvalues.

偏微分方程分析 · 数学 2012-11-02 Julian Fernandez Bonder , Juan P. Pinasco , Ariel M. Salort

In this paper, we explore a new class of stochastic control problems characterized by specific control constraints. Specifically, the admissible controls are subject to the ratcheting constraint, meaning they must be non-decreasing over…

最优化与控制 · 数学 2024-12-17 Mingxin Guo , Zuo Quan Xu

We construct an example of blow-up in a flow of min-plus linear operators arising as solution operators for a Hamilton-Jacobi equation with a Hamiltonian of the form |p|^alpha+U(x,t), where alpha>1 and the potential U(x,t) is uniformly…

最优化与控制 · 数学 2007-05-23 Konstantin Khanin , Dmitry Khmelev , Andrei Sobolevskii

In this paper, we propose and study the stochastic path-dependent Hamilton-Jacobi-Bellman (SPHJB) equation that arises naturally from the optimal stochastic control problem of stochastic differential equations with path-dependence and…

概率论 · 数学 2020-06-24 Jinniao Qiu

In this article, a notion of viscosity solutions is introduced for first order path-dependent Hamilton-Jacobi-Bellman (PHJB) equations associated with optimal control problems for path-dependent evolution equations in Hilbert space. We…

概率论 · 数学 2020-07-09 Jianjun Zhou

In this article we present a new strategy of addressing the (variable coefficient) thin obstacle problem. Our approach is based on a (variable coefficient) Carleman estimate. This yields semi-continuity of the vanishing order, lower and…

偏微分方程分析 · 数学 2015-06-01 Herbert Koch , Angkana Rüland , Wenhui Shi

This paper studies an optimal dividend problem with a drawdown constraint in a Brownian motion model, requiring the dividend payout rate to remain above a fixed proportion of its historical maximum. This leads to a path-dependent stochastic…

数理金融 · 定量金融 2026-01-08 Chonghu Guan , Jiacheng Fan , Zuo Quan Xu

In this paper, we study one kind of stochastic recursive optimal control problem with the obstacle constraints for the cost function where the cost function is described by the solution of one reflected backward stochastic differential…

最优化与控制 · 数学 2007-05-23 Zhen Wu , Zhiyong Yu

We consider homogenization problems for first order Hamilton-Jacobi equations with $u^\epsilon/\epsilon$ periodic dependence, recently introduced by C. Imbert and R. Monneau, and also studied by G. Barles: this unusual dependence leads to a…

偏微分方程分析 · 数学 2009-12-11 Stefania Patrizi , Yves Achdou

A general continuous mean-variance problem is considered for a diffusion controlled process where the reward functional has an integral and a terminal-time component. The problem is transformed into a superposition of a static and a dynamic…

概率论 · 数学 2019-05-16 Georgios Aivaliotis , Alexander Yu. Veretennikov

In this paper we study homogenization for a class of monotone systems of first-order time-dependent periodic Hamilton-Jacobi equations. We characterize the Hamiltonians of the limit problem by appropriate cell problems. Hence we show the…

偏微分方程分析 · 数学 2010-02-10 Fabio Camilli , Olivier Ley , Paola Loreti