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Regularity of the impulse control problem for a non-degenerate $n$-dimensional jump diffusion with infinite activity and finite variation jumps was recently examined by Davis, Guo, and Wu (SICON 2010). Here we extend the analysis to include…

概率论 · 数学 2013-04-05 Erhan Bayraktar , Thomas Emmerling , Jose-Luis Menaldi

This article explores an optimal stopping problem for branching diffusion processes. It consists in looking for optimal stopping lines, a type of stopping time that maintains the branching structure of the processes under analysis. By using…

概率论 · 数学 2024-12-31 Idris Kharroubi , Antonio Ocello

We consider optimal control problems for diffusion processes, where the objective functional is defined by a time-consistent dynamic risk measure. We focus on coherent risk measures defined by $g$-evaluations. For such problems, we…

最优化与控制 · 数学 2016-08-22 Andrzej Ruszczynski , Jianing Yao

This paper considers a class of stochastic control problems with implicitly defined objective functions, which are the sources of time-inconsistency. We study the closed-loop equilibrium solutions in a general controlled diffusion…

最优化与控制 · 数学 2023-12-29 Zongxia Liang , Jianming Xia , Keyu Zhang

A finite horizon optimal stopping problem for an infinite dimensional diffusion $X$ is analyzed by means of variational techniques. The diffusion is driven by a SDE on a Hilbert space $\mathcal{H}$ with a non-linear diffusion coefficient…

最优化与控制 · 数学 2015-02-03 M. B. Chiarolla , T. De Angelis

In recent years, controllability problems for dispersive systems have been extensively studied. This work is dedicated to proving a new type of controllability for a dispersive fifth order equation that models water waves, what we will now…

偏微分方程分析 · 数学 2021-08-09 Roberto de A. Capistrano Filho , Luan S. de Sousa

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

We consider an impulse control problem in infinite horizon applied with switching technology. We suppose that the firm decides at certain moments (impulse moments) to switch technology, leading to a jump of the firm value. We show that the…

概率论 · 数学 2012-01-11 Rim Amami

This paper studies value iteration for infinite horizon contracting Markov decision processes under convexity assumptions and when the state space is uncountable. The original value iteration is replaced with a more tractable form and the…

最优化与控制 · 数学 2018-02-21 Jeremy Yee

This work investigates an elliptic optimal control problem defined on uncertain domains and discretized by a fictitious domain finite element method and cut elements. Key ingredients of the study are to manage cases considering the usually…

数值分析 · 数学 2022-04-06 Aikaterini Aretaki , Efthymios N. Karatzas

In this paper, we solve an open problem and obtain a general maximum principle for a stochastic optimal control problem where the control domain is an arbitrary non-empty set and all the coefficients (especially the diffusion term and the…

最优化与控制 · 数学 2023-02-08 Weijun Meng , Jingtao Shi , Tianxiao Wang , Ji-Feng Zhang

We consider a long-run impulse control problem for a generic Markov process with a multiplicative reward functional. We construct a solution to the associated Bellman equation and provide a verification result. The argument is based on the…

最优化与控制 · 数学 2023-05-15 Damian Jelito , Łukasz Stettner

In this paper we investigate infinite horizon optimal control problems for parametrized partial differential equations. We are interested in feedback control via dynamic programming equations which is well-known to suffer from the curse of…

最优化与控制 · 数学 2018-10-02 Alessandro Alla , Bernard Haasdonk , Andreas Schmidt

The main objective of this paper is the construction of the solution of an impulsive stochastic differential equation, subject to control conditions in the pulse-times and give sufficient conditions for them to be random variables with…

概率论 · 数学 2015-08-24 Ricardo Castro Santis

We consider a class of diffusions controlled through the drift and jump size, and driven by a jump L\'evy process and a nondegenerate Wiener process, and we study infinite horizon (ergodic) risk-sensitive control problem for this model. We…

最优化与控制 · 数学 2021-03-02 Ari Arapostathis , Anup Biswas

We consider an impulse control problem in infinite horizon. To solve this problem, we extend to the infinite horizon case results of double barrier reflected backward stochastic differential equations. The properties of the Snell envelope…

最优化与控制 · 数学 2012-02-03 Rim Amami

We consider a two-player zero-sum deterministic differential game where each player uses both continuous and impulse controls in infinite-time horizon. We assume that the impulses supposed to be of general term and the costs depend on the…

最优化与控制 · 数学 2022-09-26 Brahim El Asri , Hafid Lalioui

This paper investigates the random horizon optimal stopping problem for measure-valued piecewise deterministic Markov processes (PDMPs). This is motivated by population dynamics applications, when one wants to monitor some characteristics…

概率论 · 数学 2018-09-14 Bertrand Cloez , Benoîte de Saporta , Maud Joubaud

We consider a nonlinear system, affine with respect to an unbounded control $u$ which is allowed to range in a closed cone. To this system we associate a Bolza type minimum problem, with a Lagrangian having sublinear growth with respect to…

最优化与控制 · 数学 2019-07-11 M. Soledad Aronna , Monica Motta , Franco Rampazzo

We study the problem of learning the optimal control policy for fine-tuning a given diffusion process, using general value function approximation. We develop a new class of algorithms by solving a variational inequality problem based on the…

机器学习 · 计算机科学 2025-09-03 Wenlong Mou