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A linear quadratic (LQ) stochastic optimization system involving large population, which is driven by forward-backward stochastic differential equation (FBSDE), is investigated in this paper. Agents cooperate with each other to minimize the…

最优化与控制 · 数学 2024-04-30 Guangchen Wang , Shujun Wang , Jie Xiong

This paper examines mean field linear-quadratic-Gaussian (LQG) social optimum control with volatility-uncertain common noise. The diffusion terms in the dynamics of agents contain an unknown volatility process driven by a common noise. We…

最优化与控制 · 数学 2019-12-16 Jianhui Huang , Bing-Chang Wang , Jiongmin Yong

This paper considers a linear-quadratic (LQ) mean field control problem involving a major player and a large number of minor players, where the dynamics and costs depend on random parameters. The objective is to optimize a social cost as a…

最优化与控制 · 数学 2019-04-09 Minyi Huang , Son Luu Nguyen

This paper studies social optimal control of mean field LQG (linear-quadratic-Gaussian) models with uncertainty. Specially, the uncertainty is represented by a uncertain drift which is common for all agents. A robust optimization approach…

最优化与控制 · 数学 2019-08-06 Bing-Chang Wang , Jianhui Huang , Ji-Feng Zhang

A linear quadratic (LQ) stochastic optimization problem with delay involving weakly-coupled large population is investigated in this paper. Different to classic mean field (MF) game, here agents cooperate with each other to minimize the…

最优化与控制 · 数学 2023-01-18 Tianyang Nie , Shujun Wang , Zhen Wu

This paper investigates a class of mixed stochastic linear-quadratic-Gaussian (LQG) social optimization and Nash game in the context of a large scale system. Two types of interactive agents are involved: a major agent and a large number of…

最优化与控制 · 数学 2021-12-14 Xinwei Feng , Jianhui Huang , Zhenghong Qiu

This paper is concerned with uniform stabilization and social optimality for general mean field linear quadratic control systems, where subsystems are coupled via individual dynamics and costs, and the state weight is not assumed with the…

最优化与控制 · 数学 2020-03-02 Bing-Chang Wang , Huanshui Zhang , Ji-Feng Zhang

This paper is concerned with linear quadratic graphon field social control problem where the noises of individual agents are correlated. Compared with the well-studied mean field system, the graphon field system consists of a large number…

最优化与控制 · 数学 2024-12-30 De-xuan Xu , Zhun Gou , Nan-jing Huang

This paper studies uniform stabilization and social optimality for linear quadratic (LQ) mean field control problems with multiplicative noise, where agents are coupled via dynamics and individual costs. The state and control weights in…

最优化与控制 · 数学 2022-03-31 Bingchang Wang , Huanshui Zhang

This paper is concerned with a class of linear-quadratic stochastic large-population problems with partial information, where the individual agent only has access to a noisy observation process related to the state. The dynamics of each…

最优化与控制 · 数学 2024-08-20 Min Li , Na Li , Zhen Wu

This paper studies asymptotic solvability of a linear quadratic (LQ) mean field social optimization problem with controlled diffusions and indefinite state and control weights. Starting with an $N$-agent model, we employ a rescaling…

最优化与控制 · 数学 2021-09-14 Minyi Huang , Xuwei Yang

This paper studies a new class of dynamic optimization problems of large-population (LP) system which consists of a large number of negligible and coupled agents. The most significant feature in our setup is the dynamics of individual…

最优化与控制 · 数学 2014-03-18 Jianhui Huang , Shujun Wang , Hua Xiao

This paper is concerned with linear quadratic optimal control problems for mean-field backward stochastic differential equations (MF-BSDEs, for short) with deterministic coefficients. The optimality system, which is a linear mean-field…

最优化与控制 · 数学 2016-10-11 Xun Li , Jingrui Sun , Jie Xiong

This paper is concerned with a linear quadratic (LQ, for short) optimal control problem for mean-field backward stochastic differential equations (MF-BSDE, for short) driven by a Poisson random martingale measure and a Brownian motion.…

最优化与控制 · 数学 2016-11-22 Maoning Tang , Qingxin Meng

This paper investigates the social optimality of linear quadratic mean field control systems with unmodeled dynamics. The objective of agents is to optimize the social cost, which is the sum of costs of all agents. By variational analysis…

最优化与控制 · 数学 2020-11-30 Bing-Chang Wang , Yong Liang

In this paper, we study the social optimality for mean field linear quadratic control systems following the direct approach, where subsystems are coupled via individual dynamics and costs according to a network topology. A graph is…

最优化与控制 · 数学 2022-08-30 Yong Liang , Bingchang Wang , Huanshui Zhang

This paper first presents necessary and sufficient conditions for the solvability of discrete time, mean-field, stochastic linear-quadratic optimal control problems. Then, by introducing several sequences of bounded linear operators, the…

最优化与控制 · 数学 2016-07-25 Robert. J Elliott , Xun Li , Yuan-Hua Ni

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

In this paper, we study the linear-quadratic control problem for mean-field backward stochastic differential equations (MF-BSDE) with random coefficients. We first derive a preliminary stochastic maximum principle to analyze the unique…

最优化与控制 · 数学 2025-03-04 Jie Xiong , Wen Xu , Ying Yang

We study the linear-quadratic control problem for a class of non-exchangeable mean-field systems, which model large populations of heterogeneous interacting agents. We explicitly characterize the optimal control in terms of a new…

最优化与控制 · 数学 2025-12-30 Anna de Crescenzo , Filippo de Feo , Huyên Pham
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