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We consider an optimal stochastic impulse control problem over an infinite time horizon motivated by a model of irreversible investment choices with fixed adjustment costs. By employing techniques of viscosity solutions and relying on…

最优化与控制 · 数学 2019-02-05 Salvatore Federico , Mauro Rosestolato , Elisa Tacconi

We study a continuous-time, finite horizon, stochastic partially reversible investment problem for a firm producing a single good in a market with frictions. The production capacity is modeled as a one-dimensional, time-homogeneous, linear…

最优化与控制 · 数学 2014-11-13 Tiziano De Angelis , Giorgio Ferrari

This paper investigates the optimal harvesting strategy for a single species living in random environments whose growth is given by a regime-switching diffusion. Harvesting acts as a (stochastic) control on the size of the population. The…

最优化与控制 · 数学 2016-08-02 Qingshuo Song , Richard Stockbridge , Chao Zhu

This paper studies a {\it reversible} investment problem where a social planner aims to control its capacity production in order to fit optimally the random demand of a good. Our model allows for general diffusion dynamics on the demand as…

概率论 · 数学 2013-07-08 Salvatore Federico , Huyen Pham

We study the infinite-horizon average (ergodic) risk sensitive control problem for diffusion processes under a general structural hypothesis: there is a partition of state space into two subsets, where the controlled diffusion process…

最优化与控制 · 数学 2025-12-01 Sumith Reddy Anugu , Guodong Pang

We study the numerical solution of nonlinear partially observed optimal stopping problems. The system state is taken to be a multi-dimensional diffusion and drives the drift of the observation process, which is another multi-dimensional…

最优化与控制 · 数学 2010-01-20 Mike Ludkovski

We study an ergodic singular control problem with constraint of a regular one-dimensional linear diffusion. The constraint allows the agent to control the diffusion only at jump times of independent Poisson process. Under relatively weak…

概率论 · 数学 2021-07-01 Jukka Lempa , Harto Saarinen

We obtain a probabilistic solution to linear-quadratic optimal control problems with state constraints. Given a closed set $\mathcal{D}\subseteq [0,T]\times\mathbb{R}^d$, a diffusion $X$ in $\mathbb{R}^d$ must be linearly controlled in…

最优化与控制 · 数学 2026-03-06 Tiziano De Angelis , Erik Ekström

An optimal control problem with a time-parameter is considered. The functional to be optimized includes the maximum over time-horizon reached by a function of the state variable, and so an $L^\infty$-term. In addition to the classical…

最优化与控制 · 数学 2018-11-01 Sébastien Court , Karl Kunisch , Laurent Pfeiffer

In this paper, we consider the infinite horizon optimal control problem for nonlinear systems. Under the conditions of controllability of the linearized system around the origin, and nonlinear controllability of the system to a terminal set…

最优化与控制 · 数学 2023-04-04 Mohamed Naveed Gul Mohamed , Raman Goyal , Suman Chakravorty

We revisit the work of Mitter and Newton on an information-theoretic interpretation of Bayes' formula through the Gibbs variational principle. This formulation allowed them to pose nonlinear estimation for diffusion processes as a problem…

最优化与控制 · 数学 2024-05-02 Maxim Raginsky

We consider the scheduling control problem for a family of unitary networks under heavy traffic, with general interarrival and service times, probabilistic routing and infinite horizon discounted linear holding cost. A natural…

概率论 · 数学 2007-05-23 Amarjit Budhiraja , Arka Prasanna Ghosh

In this paper, we study the asymptotic of exit problem for controlled Markov diffusion processes with random jumps and vanishing diffusion terms, where the random jumps are introduced in order to modify the evolution of the controlled…

动力系统 · 数学 2018-02-08 Getachew K. Befekadu

We consider a one-dimensional diffusion which solves a stochastic differential equation with Borel-measurable coefficients in an open interval. We allow for the endpoints to be inaccessible or absorbing. Given a Borel-measurable function…

概率论 · 数学 2014-01-13 Damien Lamberton , Mihail Zervos

We study a controlled version of the Bayesian sequential testing problem for the drift of a Wiener process, in which the observer exercises discretion over the signal intensity. This control incurs a running cost that reflects the resource…

最优化与控制 · 数学 2025-09-24 Steven Campbell , Georgy Gaitsgori , Richard Groenewald

The numerical approximation of an inverse problem subject to the convection--diffusion equation when diffusion dominates is studied. We derive Carleman estimates that are on a form suitable for use in numerical analysis and with explicit…

数值分析 · 数学 2020-06-25 Erik Burman , Mihai Nechita , Lauri Oksanen

In this work, we present numerical analysis for a distributed optimal control problem, with box constraint on the control, governed by a subdiffusion equation which involves a fractional derivative of order $\alpha\in(0,1)$ in time. The…

数值分析 · 数学 2017-12-22 Bangti Jin , Buyang Li , Zhi Zhou

For a one dimensional diffusion process $X=\{X(t) ; 0\leq t \leq T \}$, we suppose that $X(t)$ is hidden if it is below some fixed and known threshold $\tau$, but otherwise it is visible. This means a partially hidden diffusion process. The…

统计理论 · 数学 2011-11-09 Stefano Iacus , Masayuki Uchida , Nakahiro Yoshida

This work collects some methodological insights for numerical solution of a "minimum-dispersion" control problem for nonlinear stochastic differential equations, a particular relaxation of the covariance steering task. The main ingredient…

最优化与控制 · 数学 2025-10-16 Roman Chertovskih , Nikolay Pogodaev , Maxim Staritsyn , A. Pedro Aguiar

The numerical analysis of a family of distributed mixed optimal control problems governed by elliptic variational inequalities (with parameter $\alpha >0$) is obtained through the finite element method when its parameter $h\rightarrow 0$.…

数值分析 · 数学 2016-01-05 Mariela C. Olguin , Domingo A. Tarzia