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An optimal ergodic control problem (EC problem, for short) is investigated for a linear stochastic differential equation with quadratic cost functional. Constant nonhomogeneous terms, not all zero, appear in the state equation, which lead…

最优化与控制 · 数学 2020-04-24 Hongwei Mei , Qingmeng Wei , Jiongmin Yong

The paper studies a class of quadratic optimal control problems for partially observable linear dynamical systems. In contrast to the full information case, the control is required to be adapted to the filtration generated by the…

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

Many techniques originally developed in the context of deterministic control theory have been recently applied to the quest for optimal protocols in stochastic processes. Given a system subject to environmental fluctuations, one may ask…

This paper studies a class of continuous-time scalar-state stochastic Linear-Quadratic (LQ) optimal control problem with the linear control constraints. Applying the state separation theorem induced from its special structure, we develop…

投资组合管理 · 定量金融 2018-06-12 Weiping Wu , Jianjun Gao , Junguo Lu , Xun Li

The paper studies the First Order BSPDEs (Backward Stochastic Partial Differential Equations) suggested earlier for a case of multidimensional state domain with a boundary. These equations represent analogs of Hamilton-Jacobi-Bellman…

数理金融 · 定量金融 2018-10-31 Nikolai Dokuchaev

In this paper we focus on a general type of mean-field stochastic control problem with partial observation, in which the coefficients depend in a non-linear way not only on the state process $X_t$ and its control $u_t$ but also on the…

最优化与控制 · 数学 2021-11-23 Juan Li , Hao Liang , Chao Mi

We study methods for solving stochastic control problems of systems of forward-backward mean-field equations with delay, in finite or infinite horizon. Necessary and sufficient maximum principles under partial information are given. The…

最优化与控制 · 数学 2016-10-31 Nacira Agram , Elin Engen Rose

In this paper, we study a discrete-time stochastic optimal control problem under distribution uncertainty with convex control domain. By weak convergence method and Sion's minimax theorem, we obtain the variational inequality for cost…

最优化与控制 · 数学 2022-06-28 Mingshang Hu , Shaolin Ji , Xiaojuan Li

We consider a stochastic control problem with the assumption that the system is controlled until the state process breaks the fixed barrier. Assuming some general conditions, it is proved that the resulting Hamilton Jacobi Bellman equations…

最优化与控制 · 数学 2025-03-24 Dariusz Zawisza

The paper puts forward sufficient conditions for local controllability of a control dynamical system. The results obtained are meaningful in the case when the linear approximation to this system is not completely controllable. As a…

最优化与控制 · 数学 2017-09-05 E. R. Avakov , G. G. Magaril-Il'yaev

The minimization of energy-like cost functionals is addressed in the context of optimal control problems. For a general class of dynamical systems, with possibly unstable and nonlinear free dynamics, it is shown that a sequence of solutions…

最优化与控制 · 数学 2022-12-06 Sérgio S. Rodrigues

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

In this paper, we study the maximum principle for stochastic optimal control problems of forward-backward stochastic difference systems (FBS{\Delta}Ss) where the uncertainty is modeled by a discrete time, finite state process, rather than…

最优化与控制 · 数学 2019-07-10 Shailin Ji , Haodong Liu

We study the optimal control of discrete time mean filed dynamical systems under partial observations. We express the global law of the filtered process as a controlled system with its own dynamics. Following a dynamic programming approach,…

最优化与控制 · 数学 2023-03-13 Jeremy Chichportich , Idris Kharroubi

In this work, we study a boundary control problem for the evolutionary Navier-Stokes equations, under mixed boundary conditions, in two dimensions. The cost functional here considered is of quadratic type, depending on both state and…

最优化与控制 · 数学 2024-10-02 Telma Guerra , Irene Marín-Gayte , Jorge Tiago

Problem of time-optimal control of linear systems with fractional dynamics is treated in the paper from the convex-analytic standpoint. A linear system of fractional differential equations involving Riemann--Liouville derivatives is…

最优化与控制 · 数学 2020-07-02 Ivan Matychyn

Hu et. al 2018 studied a stochastic optimal control problem for fully coupled forward-backward stochastic control systems with a nonempty control domain. By assuming a weakly coupled condition, they established an approach to obtain the…

最优化与控制 · 数学 2018-12-31 Mingshang Hu , Shaolin Ji , Xiaole Xue

In this paper, we investigate the optimal control problem for systems driven by mixed fractional Brownian motion (including a fractional Brownian motion with Hurst parameter $H>1/2$ and the standard Brownian motion). By using Malliavin…

最优化与控制 · 数学 2024-12-25 Yuhang Li , Yuecai Han

In this paper, we formulate a general time-inconsistent stochastic linear--quadratic (LQ) control problem. The time-inconsistency arises from the presence of a quadratic term of the expected state as well as a state-dependent term in the…

最优化与控制 · 数学 2011-11-04 Ying Hu , Hanqing Jin , Xun Yu Zhou

We consider a class of closed loop stochastic optimal control problems in finite time horizon, in which the cost is an expectation conditional on the event that the process has not exited a given bounded domain. An important difficulty is…

最优化与控制 · 数学 2019-12-19 Yves Achdou , Mathieu Laurière , Pierre-Louis Lions