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We propose a simple and original approach for solving linear-quadratic mean-field stochastic control problems. We study both finite-horizon and infinite-horizon problems, and allow notably some coefficients to be stochastic. Our method is…

概率论 · 数学 2017-11-28 Matteo Basei , Huyên Pham

An optimal control problem is studied for a linear mean-field stochastic differential equation with a quadratic cost functional. The coefficients and the weighting matrices in the cost functional are all assumed to be deterministic.…

最优化与控制 · 数学 2016-02-26 Xun Li , Jingrui Sun , Jiongmin Yong

We study the time-inconsistent linear quadratic optimal control problem for forward-backward stochastic differential equations with potentially indefinite cost weighting matrices for both the state and the control variables. Our research…

最优化与控制 · 数学 2023-12-15 Qi Lü , Bowen Ma

This paper thoroughly investigates stochastic linear-quadratic optimal control problems with the Markovian regime switching system, where the coefficients of the state equation and the weighting matrices of the cost functional are random.…

最优化与控制 · 数学 2022-08-03 Jiaqiang Wen , Xun Li , Jie Xiong , Xin Zhang

This paper is concerned with a stochastic linear-quadratic optimal control problem in a finite time horizon, where the coefficients of the control system are allowed to be random, and the weighting matrices in the cost functional are…

最优化与控制 · 数学 2019-11-12 Jingrui Sun , Jie Xiong , Jiongmin Yong

In this paper, we consider linear quadratic optimal control with mean-field type for discrete-time stochastic systems with state and control dependent noise. An optimal control problem is studied for a linear mean-field stochastic…

最优化与控制 · 数学 2022-10-06 Arzu Ahmadova , Nazim I. Mahmudov

A general backward stochastic linear-quadratic optimal control problem is studied, in which both the state equation and the cost functional contain the nonhomogeneous terms. The main feature of the problem is that the weighting matrices in…

最优化与控制 · 数学 2022-03-01 Jingrui Sun , Jiaqiang Wen , Jie Xiong

We investigate the asymptotic properties of a finite-time horizon linear-quadratic optimal control problem driven by a multiscale stochastic process with multiplicative Brownian noise. We approach the problem by considering the associated…

最优化与控制 · 数学 2020-11-19 Beniamin Goldys , Gianmario Tessitore , James Yang , Zhou Zhou

This paper is concerned with a kind of linear-quadratic (LQ) optimal control problem of backward stochastic differential equation (BSDE) with partial information. The cost functional includes cross terms between the state and control, and…

最优化与控制 · 数学 2025-09-03 Jialong Li , Zhiyong Yu , Wanying Yue

Linear-quadratic optimal control problems are considered for mean-field stochastic differential equations with deterministic coefficients. Time-inconsistency feature of the problems is carefully investigated. Both open-loop and closed-loop…

最优化与控制 · 数学 2013-05-07 Jiongmin Yong

A Linear-quadratic optimal control problem is considered for mean-field stochastic differential equations with deterministic coefficients. By a variational method, the optimality system is derived, which turns out to be a linear mean-field…

最优化与控制 · 数学 2011-10-10 Jiongmin Yong

This paper is concerned with a discrete-time mean-field stochastic linear-quadratic optimal control problem arose from financial application. Through matrix dynamical optimization method, a group of linear feedback controls is investigated.…

最优化与控制 · 数学 2017-06-15 Xun Li , Allen H. Tai , Fei Tian

We propose a simple and original approach for solving linear-quadratic mean-field stochastic control problems. We study both finite-horizon and infinite-horizon pro\-blems, and allow notably some coefficients to be stochastic. Extension to…

概率论 · 数学 2018-10-26 Matteo Basei , Huyên Pham

A finite horizon linear quadratic(LQ) optimal control problem is studied for a class of discrete-time linear fractional systems (LFSs) affected by multiplicative, independent random perturbations. Based on the dynamic programming technique,…

最优化与控制 · 数学 2016-07-01 J. J. Trujillo , V. M. Ungureanu

In this paper, we consider the mixed optimal control of a linear stochastic system with a quadratic cost functional, with two controllers-one can choose only deterministic time functions, called the deterministic controller, while the other…

最优化与控制 · 数学 2017-08-23 Ying Hu , Shanjian Tang

This paper is concerned with a backward stochastic linear-quadratic (LQ, for short) optimal control problem with deterministic coefficients. The weighting matrices are allowed to be indefinite, and cross-product terms in the control and…

最优化与控制 · 数学 2021-04-13 Jingrui Sun , Zhen Wu , Jie Xiong

We study the closed-loop solvability of a stochastic linear quadratic optimal control problem for systems governed by stochastic evolution equations. This solvability is established by means of solvability of the corresponding Riccati…

最优化与控制 · 数学 2019-01-21 Qi Lü

This paper investigates a linear quadratic stochastic optimal control (LQSOC) problem with partial information. Firstly, by introducing two Riccati equations and a backward stochastic differential equation (BSDE), we solve this LQSOC…

最优化与控制 · 数学 2024-09-26 Xun Li , Guangchen Wang , Jie Xiong , Heng Zhang

This paper investigates the stochastic linear quadratic (LQ, for short) optimal control problem of Markov regime switching system. The representation of the cost functional for the stochastic LQ optimal control problem of Markov regime…

最优化与控制 · 数学 2019-08-22 Xin Zhang , Xun Li

In this paper, we study the optimal control problem for steering the state covariance of a discrete-time linear stochastic system over a finite time horizon. First, we establish the existence and uniqueness of the optimal control law for a…

系统与控制 · 电气工程与系统科学 2024-10-08 Fengjiao Liu , George Rapakoulias , Panagiotis Tsiotras
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