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In this paper, we study the maximum principle for stochastic optimal control problems of forward-backward stochastic difference systems (FBS{\Delta}Ss). Two types of FBS{\Delta}Ss are investigated. The first one is described by a partially…

最优化与控制 · 数学 2019-01-01 Shaolin Ji , Haodong Liu

In this article we consider a stochastic optimal control problem where the dynamics of the state process, $X(t)$, is a controlled stochastic differential equation with jumps, delay and \emph{noisy memory}. The term noisy memory is, to the…

最优化与控制 · 数学 2015-08-28 Kristina R. Dahl , Salah-Eldin A. Mohammed , Bernt Øksendal , Elin Røse

This paper is concerned with a discounted optimal control problem of partially observed forward-backward stochastic systems with jumps on infinite horizon. The control domain is convex and a kind of infinite horizon observation equation is…

最优化与控制 · 数学 2022-01-04 Yueyang Zheng , Jingtao Shi

A general maximum principle is proved for optimal controls of abstract semilinear stochastic evolution equations. The control variable, as well as linear unbounded operators, acts in both drift and diffusion terms, and the control set need…

最优化与控制 · 数学 2013-12-30 Kai Du , Qingxin Meng

In this paper, we consider the stochastic optimal control problems under model risk caused by uncertain volatilities. To have a mathematical consistent framework we use the notion of G-expectation and its corresponding G-Brwonian motion…

最优化与控制 · 数学 2014-04-18 Zhongyang Sun , Xin Zhang , Junyi Guo

We consider nonsmooth optimal control problems subject to a linear elliptic partial differential equation with homogeneous Dirichlet boundary conditions. It is well-known that local solutions satisfy the celebrated Pontryagin maximum…

最优化与控制 · 数学 2024-06-28 Daniel Wachsmuth

This paper is concerned with the partial information optimal control problem of wa controlled forward-backward stochastic differential equation of jump diffusion with correlated noises between the system and the observation. For this type…

概率论 · 数学 2017-08-28 Qingxin Meng

We study a stochastic control system involving both a standard and a fractional Brownian motion with Hurst parameter less than 1/2. We apply an anticipative Girsanov transformation to transform the system into another one, driven only by…

最优化与控制 · 数学 2016-05-06 Rainer Buckdahn , Shuai Jing

The main purpose of this paper is to establish the first and second order necessary optimality conditions for stochastic optimal controls using the classical variational analysis approach. The control system is governed by a stochastic…

最优化与控制 · 数学 2016-11-09 Hélène Frankowska , Haisen Zhang , Xu Zhang

We study the optimal control problem for a weighted mean-field system. A new feature of the control problem is that the coefficients depend on the state process as well as its weighted measure and the control variable. By applying…

最优化与控制 · 数学 2022-08-25 Yanyan Tang , Jie Xiong

In this paper, we consider optimal control of stochastic differential equations subject to an expected path constraint. The stochastic maximum principle is given for a general optimal stochastic control in terms of constrained FBSDEs. In…

最优化与控制 · 数学 2022-08-16 Ying Hu , Shanjian Tang , Zuo Quan Xu

This paper introduces a new recursive stochastic optimal control problem driven by a forward-backward stochastic differential equations (FBSDEs), where the ter?minal time varies according to the constraints of the state of the forward…

最优化与控制 · 数学 2023-04-17 Jiaqi Wang , Shuzhen Yang

In this paper, we study the optimal control system driven by stochastic differential equations (SDEs) of mean-field type, in which the control variable has two components, the first being absolutely continuous and the second singular. On…

最优化与控制 · 数学 2012-11-02 Liangquan Zhang

A stochastic procedure is developed which allows one to express Pontryagin's maximum principle for dissipative quantum system solely in terms of stochastic wave functions. Time-optimal controls can be efficiently computed without computing…

量子物理 · 物理学 2020-11-09 Chungwei Lin , Dries Sels , Yanting Ma , Yebin Wang

In this paper, we consider a general time-inconsistent optimal control problem for a non homogeneous linear system, in which its state evolves according to a stochastic differential equation with deterministic coefficients, when the noise…

最优化与控制 · 数学 2015-05-19 Ishak Alia , Farid Chighoub , Ayesha Sohail

This paper examines the stochastic maximum principle (SMP) for a forward-backward stochastic control system where the backward state equation is characterized by the backward stochastic differential equation (BSDE) with quadratic growth and…

最优化与控制 · 数学 2023-08-22 Shaolin Ji , Rundong Xu

We consider stochastic control with discretionary stopping for the drift of a diffusion process over an infinite time horizon. The objective is to choose a control process and a stopping time to minimize the expectation of a convex terminal…

最优化与控制 · 数学 2025-06-24 Václav E. Beneš , Georgy Gaitsgori , Ioannis Karatzas

This paper investigates the optimal control problem for a class of parabolic equations where the diffusion coefficient is influenced by a control function acting nonlocally. Specifically, we consider the optimization of a cost functional…

最优化与控制 · 数学 2025-03-11 Stefana-Lucia Anita , Luca Di Persio

In this paper we develop necessary conditions for optimality, in the form of the stochastic Pontryagin maximum principle, for controlled equation with delay in the state and with control dependent noise, in the general case of controls $u…

概率论 · 数学 2023-06-14 Giuseppina Guatteri , Federica Masiero

In this study, we consider an optimal control problem driven by a stochastic differential system with a stopping time terminal cost functional. We establish the stochastic maximum principle for this new kind of an optimal control problem by…

最优化与控制 · 数学 2018-12-11 Shuzhen Yang