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We consider a Bayesian adaptive optimal stochastic control problem where a hidden static signal has a non-separable influence on the drift of a noisy observation. Being allowed to control the specific form of this dependence, we aim at…

最优化与控制 · 数学 2025-12-22 Alexander M. G. Cox , Sigrid Källblad , Chaorui Wang

This paper extends the domination-monotonicity conditions, which guarantee the well-posedness of extended mean-filed forward-backward stochastic differential equations (extended MF-FBSDEs), from the previously studied linear framework to a…

最优化与控制 · 数学 2026-05-12 Hao Wu

We are interested in stochastic control problems coming from mathematical finance and, in particular, related to model uncertainty, where the uncertainty affects both volatility and intensity. This kind of stochastic control problems is…

概率论 · 数学 2014-05-15 Sébastien Choukroun , Andrea Cosso

We consider a stochastic differential game in the context of forward-backward stochastic differential equations, where one player implements an impulse control while the opponent controls the system continuously. Utilizing the notion of…

最优化与控制 · 数学 2021-12-20 Magnus Perninge

This paper introduces a new type of second order stochastic backward Hamilton-Jacobi-Bellman (HJB) equations for optimal stochastic control problems with a currently observable but non-predicable parameter process, in addition to the…

最优化与控制 · 数学 2020-03-04 Nikolai Dokuchaev

We introduce a new numerical method to approximate the solution of a finite horizon deterministic optimal control problem. We exploit two Hamilton-Jacobi-Bellman PDE, arising by considering the dynamics in forward and backward time. This…

最优化与控制 · 数学 2023-04-21 Marianne Akian , Stéphane Gaubert , Shanqing Liu

In this paper, we study a stochastic recursive optimal control problem in which the objective functional is described by the solution of a backward stochastic differential equation driven by G-Brownian motion. Under standard assumptions, we…

最优化与控制 · 数学 2013-06-07 Mingshang Hu , Shaolin Ji , Shuzhen Yang

We study a stochastic control problem on a bounded domain, which arises from a continuous-time optimal management model. Via the corresponding Hamilton-Jacobi-Bellman equation the value function is shown to be jointly continuous and to…

概率论 · 数学 2017-10-24 Ruoting Gong , Christian Houdré

We study PDE of the form $\max\{F(D^2u,x)-f(x), H(Du)\}=0$ where $F$ is uniformly elliptic and convex in its first argument, $H$ is convex, $f$ is a given function and $u$ is the unknown. These equations are derived from dynamic programming…

偏微分方程分析 · 数学 2015-02-06 Ryan Hynd , Henok Mawi

This paper is a review of results on Optimisation which are perhaps not so standard in the PDE realm. To this end, we consider the problem of deriving the PDEs associated to the optimal control of a system of either ODEs or SDEs with…

偏微分方程分析 · 数学 2018-01-16 Nikos Katzourakis , Tristan Pryer

We solve the optimal control problem of a one-dimensional reflected stochastic differential equation, whose coefficients can be path dependent. The value function of this problem is characterized by a backward stochastic partial…

概率论 · 数学 2019-01-23 Erhan Bayraktar , Jinniao Qiu

This paper is concerned with the existence of optimal controls for backward stochastic partial differential equations with random coefficients, in which the control systems are represented in an abstract evolution form, i.e. backward…

最优化与控制 · 数学 2016-12-07 Qingxin Meng , Yang Shen , Peng Shi

In this paper, we solve an optimal control problem governed by a system of mean-field stochastic differential equations with multiple defaults (MMFSDEs). We transform the global optimal control problem into several optimal control…

最优化与控制 · 数学 2024-04-09 Zhun Gou , Nan-jing Huang , Ming-hui Wang , Jian-hao Kang

This paper is devoted to the stochastic optimal control problems for systems governed by forward-backward stochastic Volterra integral equations (FBSVIEs, for short) with state constraints. Using Ekeland's variational principle, we obtain…

数学物理 · 物理学 2013-12-03 Qingmeng Wei , Xinling Xiao

This paper is devoted to a global stochastic maximum principle for conditional mean-field forward-backward stochastic differential equations (FBSDEs, for short) with regime switching. The control domain is unnecessarily convex and the…

最优化与控制 · 数学 2022-12-06 Tao Hao , Jiaqiang Wen , Jie Xiong

Optimal control and the associated second-order Hamilton-Jacobi-Bellman (HJB) equation are studied for unbounded stochastic evolution systems in Hilbert spaces. A new notion of viscosity solution, featured by absence of B-continuity, is…

最优化与控制 · 数学 2026-02-10 Shanjian Tang , Jianjun Zhou

This paper is mainly concerned with the solutions to both forward and backward mean-field stochastic partial differential equation and the corresponding optimal control problem for mean-field stochastic partial differential equation. We…

最优化与控制 · 数学 2016-10-11 Maoning Tang , Qingxin Meng

The aim of this work is to deal with a discontinuous Hamilton-Jacobi equation in the whole euclidian N-dimensional space, associated to a possibly unbounded optimal control problem. Here, the discontinuities are located on a hyperplane and…

最优化与控制 · 数学 2024-05-16 Emmanuel Chasseigne , Robson Carlos Reis , Silvia Sastre-Gomez

In this work we study the stochastic recursive control problem, in which the aggregator (or called generator) of the backward stochastic differential equation describing the running cost is continuous but not necessarily Lipschitz with…

最优化与控制 · 数学 2015-09-15 Jiangyan Pu , Qi Zhang

We consider the optimal control of solutions of first order Hamilton-Jacobi equations, where the Hamiltonian is convex with linear growth. This models the problem of steering the propagation of a front by constructing an obstacle. We prove…

最优化与控制 · 数学 2013-10-11 Philip Jameson Graber