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We consider the stochastic optimal control problem of McKean-Vlasov stochastic differential equation where the coefficients may depend upon the joint law of the state and control. By using feedback controls, we reformulate the problem into…

概率论 · 数学 2017-03-09 Huyên Pham , Xiaoli Wei

We formulate a very general framework for optimal dynamic stochastic control problems which allows for a control-dependent informational structure. The issue of informational consistency is investigated. Bellman's principle is formulated…

概率论 · 数学 2018-05-16 Saul Jacka , Matija Vidmar

In this paper, we address a social planner's optimal control problem for a partially observable stochastic epidemic model. The control measures include social distancing, testing, and vaccination. Using a diffusion approximation for the…

最优化与控制 · 数学 2025-03-11 Ibrahim Mbouandi Njiasse , Florent Ouabo Kamkumo , Ralf Wunderlich

In this paper, we derive first-order Pontryagin optimality conditions for risk-averse stochastic optimal control problems subject to final time inequality constraints, and whose costs are general, possibly non-smooth finite coherent risk…

最优化与控制 · 数学 2023-05-30 Riccardo Bonalli , Benoît Bonnet

In this paper we combine two main topics in mechanics and optimal control theory: contact Hamiltonian systems and Pontryagin Maximum Principle. As an important result, among others, we develop a contact Pontryagin Maximum Principle that…

最优化与控制 · 数学 2020-06-26 Manuel de León , Manuel Lainz , Miguel C. Muñoz-Lecanda

We study Mean Field stochastic control problems where the cost function and the state dynamics depend upon the joint distribution of the controlled state and the control process. We prove suitable versions of the Pontryagin stochastic…

最优化与控制 · 数学 2018-06-26 Beatrice Acciaio , Julio Backhoff-Veraguas , Rene Carmona

This paper investigates the near optimal control for a kind of linear stochastic control systems governed by the forward backward stochastic differential equations, where both the drift and diffusion terms are allowed to depend on controls…

最优化与控制 · 数学 2015-01-23 Liangquan Zhang , Jianhui Huang , Xun Li

This article is concerned with stochastic control problems for backward doubly stochastic differential equations of mean-field type, where the coefficient functions depend on the joint distribution of the state process and the control…

概率论 · 数学 2022-05-26 Jian Song , Meng Wang

In this paper, we study the optimal singular controls for stochastic recursive systems, in which the control has two components: the regular control, and the singular control. Under certain assumptions, we establish the dynamic programming…

最优化与控制 · 数学 2018-11-06 Liangquan Zhang

Optimality conditions in the form of a variational inequality are proved for a class of constrained optimal control problems of stochastic differential equations. The cost function and the inequality constraints are functions of the…

最优化与控制 · 数学 2018-02-13 Laurent Pfeiffer

This paper is the second part of our series of work to establish pointwise second-order necessary conditions for stochastic optimal controls. In this part, we consider the general cases, i.e., the control region is allowed to be nonconvex,…

最优化与控制 · 数学 2015-10-20 Haisen Zhang , Xu Zhang

This paper is concerned with the existence of optimal controls for backward stochastic partial differential equations with random coefficients, in which the control systems are represented in an abstract evolution form, i.e. backward…

最优化与控制 · 数学 2016-12-07 Qingxin Meng , Yang Shen , Peng Shi

We consider a class of stochastic impulse control problems of general stochastic processes i.e. not necessarily Markovian. Under fairly general conditions we establish existence of an optimal impulse control. We also prove existence of…

概率论 · 数学 2008-06-18 Boualem Djehiche , Said Hamadene , Ibtissam Hdhiri

Stochastic optimal control problems have a long tradition in applied probability, with the questions addressed being of high relevance in a multitude of fields. Even though theoretical solutions are well understood in many scenarios, their…

统计理论 · 数学 2024-05-28 Sören Christensen , Claudia Strauch , Lukas Trottner

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

This paper is the first part of our series work to establish pointwise second-order necessary conditions for stochastic optimal controls. In this part, both drift and diffusion terms may contain the control variable but the control region…

最优化与控制 · 数学 2014-09-10 Haisen Zhang , Xu Zhang

This paper develops a unified methodology for probabilistic analysis and optimal control design for jump diffusion processes defined by polynomials. For such systems, the evolution of the moments of the state can be described via a system…

最优化与控制 · 数学 2017-02-03 Andrew Lamperski , Khem Raj Ghusinga , Abhyudai Singh

The considered optimal control problem of a stochastic power system, is to select the set of power supply vectors which infimizes the probability that the phase-angle differences of any power flow of the network, endangers the transient…

最优化与控制 · 数学 2024-01-31 Zhen Wang , Kaihua Xi , Aijie Cheng , Hai Xiang Lin , Jan H. van Schuppen

We consider in this paper, mixed relaxed-singular stochastic control problems, where the control variable has two components, the first being measure-valued and the second singular. The control domain is not necessarily convex and the…

概率论 · 数学 2008-08-28 Seid Bahlali

A general stochastic maximum principle is proved for optimal controls of semilinear stochastic evolution equations. Stochastic evolution operators, and the control with values in a general set enter into both drift and diffusion terms.

最优化与控制 · 数学 2012-07-03 Kai Du , Qingxin Meng