{"entities":{"Q601074":{"pageid":602850,"ns":120,"title":"Item:Q601074","lastrevid":63070896,"modified":"2026-04-11T10:23:17Z","type":"item","id":"Q601074","labels":{"en":{"language":"en","value":"Convergence rates of Markov chain approximation methods for controlled diffusions with stopping"}},"descriptions":{"en":{"language":"en","value":"scientific article; zbMATH DE number 5809974"}},"aliases":{},"claims":{"P31":[{"mainsnak":{"snaktype":"value","property":"P31","hash":"fd5912e4dab4b881a8eb0eb27e7893fef55176ad","datavalue":{"value":{"entity-type":"item","numeric-id":56887,"id":"Q56887"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$3A9A313A-C97E-4740-A0D8-4225450E0D0D","rank":"normal"}],"P159":[{"mainsnak":{"snaktype":"value","property":"P159","hash":"775c9edf366169dab76d89082e6214ee966de248","datavalue":{"value":{"text":"Convergence rates of Markov chain approximation methods for controlled diffusions with stopping","language":"en"},"type":"monolingualtext"},"datatype":"monolingualtext"},"type":"statement","id":"Q601074$ED906AB0-8EF2-47BE-90BF-3E4DCA9E95B9","rank":"normal"}],"P225":[{"mainsnak":{"snaktype":"value","property":"P225","hash":"897182cbe1701c26292756b5026b26933a1a71d1","datavalue":{"value":"1210.60081","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$4D499DA8-64E3-4462-A166-BC53410FEB30","rank":"normal"}],"P16":[{"mainsnak":{"snaktype":"value","property":"P16","hash":"6a4792fdae05e63da01a349cb853fb31ec2b4f36","datavalue":{"value":{"entity-type":"item","numeric-id":290827,"id":"Q290827"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$E5D2E64D-197E-490C-841A-8F406A1C898F","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P16","hash":"5b6fe5acb4225f13fc9a7f184f01c822472dad4c","datavalue":{"value":{"entity-type":"item","numeric-id":1031564,"id":"Q1031564"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$333DA9EE-6D2B-4133-A22E-67328EC0AD0D","rank":"normal"}],"P200":[{"mainsnak":{"snaktype":"value","property":"P200","hash":"b71eb180126bfc863b84d620c8d007ebc4f3c390","datavalue":{"value":{"entity-type":"item","numeric-id":199332,"id":"Q199332"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$E1991151-543F-4E31-873D-5D46CA136D6B","rank":"normal"}],"P28":[{"mainsnak":{"snaktype":"value","property":"P28","hash":"25cd2e09c2f6a58ceadbae256038e4067d8608c3","datavalue":{"value":{"time":"+2010-11-03T00:00:00Z","timezone":0,"before":0,"after":0,"precision":11,"calendarmodel":"http://www.wikidata.org/entity/Q1985727"},"type":"time"},"datatype":"time"},"type":"statement","id":"Q601074$D7AF42EA-2FC9-4C8A-9136-993BFAA4B475","rank":"normal"}],"P1448":[{"mainsnak":{"snaktype":"value","property":"P1448","hash":"aaf6ace90882ab8ef720340769d021354b6bffa8","datavalue":{"value":"The numerical methods using Markov chain approximations are considered for a one-dimensional controlled diffusion process  \\[ X^{x,u}(t)=x+\\int_0^t b(X^{x,u}(s), u(s))ds +\\int_0^t\\sigma(X^{x,u}(s))dW(s) \\]  with initial data \\(x\\), given control \\(u=u(t)\\) and a standard real-valued Wiener process \\(W(t)\\). For \\(B>0\\) the first exit time from \\((-B,B)\\), i.e., \\(\\tau_B^{x,u}=\\inf \\{t:X^{x,u}(t) \\notin (-B,B)\\}\\) is studied. The value function describes the optimal first exit time \\(V(x,B)=\\inf_{u}\\tau_B^{x,u}\\). The explicit representation of the dependence of \\(V(x,B)\\) on \\(B\\) is a novelty of the analysis of the problem.  The considered numerical methods use a purely probabilistic approach. To prove the convergence of the algorithm by a Markov chain approximation method, a tangency problem might arise due to discontinuity of the first exit time with respect to discretized \\(B\\). In the considered setup, it is demonstrated that the tangency problem will not arise in the sense of convergence in probability and in \\(L^1\\), the analysis of the dependence of \\(V(x,B)\\) on \\(B\\) is used. In addition, controlled diffusions with a discount factor are considered.","type":"string"},"datatype":"string"},"type":"statement","id":"Q601074$8C5BEE22-7D6E-4883-A3BC-B6AF0B484AFB","rank":"normal"}],"P226":[{"mainsnak":{"snaktype":"value","property":"P226","hash":"69417b84cc431ede4e5ec12a55be58b45cd19ec0","datavalue":{"value":"60J22","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$43DE19A7-F940-471D-92E4-0BE8A4AE394F","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"b23b4581d19061667c697da14a890aa055e6f323","datavalue":{"value":"65C40","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$01F49932-EF40-4CBC-BA8C-496226EB9357","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"96985b9b4d60c0f935f371b2243a7deeef976496","datavalue":{"value":"60G40","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$0266F586-1E07-445F-A731-CA5C40F40FDD","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"2823797a7ed5886f5555bd10af24fd0d7821c4f3","datavalue":{"value":"60J60","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$D153A835-21BC-42E9-B042-261F8BEB7A6C","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P226","hash":"e3bc6c7cda8279d6ad2b578e7a7e4967447c3cc4","datavalue":{"value":"93E20","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$B1D55315-929E-45CA-8551-3DE00D83492B","rank":"normal"}],"P1451":[{"mainsnak":{"snaktype":"value","property":"P1451","hash":"ae831b1a14bdfde1c732b9cc8c581d947e4016a3","datavalue":{"value":"5809974","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$1941B618-95C1-4735-A7D6-44A04B59C30B","rank":"normal"}],"P1450":[{"mainsnak":{"snaktype":"value","property":"P1450","hash":"4a49601943930492dd71ead2d820272be9ceb702","datavalue":{"value":"controlled diffusion","type":"string"},"datatype":"string"},"type":"statement","id":"Q601074$9D75AB0E-408C-48B5-911C-4EBBA87EC8F7","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"749ff4ea93586795207ffd6725b80711988cc0c0","datavalue":{"value":"dynamic programming equation","type":"string"},"datatype":"string"},"type":"statement","id":"Q601074$0ACC72F2-6826-4996-B38D-952A033A1C5B","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"2fb7f0eec9e4376b47f4505586242c2953c59f2c","datavalue":{"value":"Markov chain approximation","type":"string"},"datatype":"string"},"type":"statement","id":"Q601074$34D62288-F133-460A-ADE8-259055877799","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1450","hash":"5097db38d6dca97fdfc6bc38bcb12c7dcfbf08b7","datavalue":{"value":"rate of convergence","type":"string"},"datatype":"string"},"type":"statement","id":"Q601074$814BAA00-9ECF-4252-A460-AE19A004DF68","rank":"normal"}],"P1447":[{"mainsnak":{"snaktype":"value","property":"P1447","hash":"280f101b1c750c0ba69a260fa420e20feae2066a","datavalue":{"value":{"entity-type":"item","numeric-id":629779,"id":"Q629779"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$89F4208A-2829-4E19-B55B-8E4C6CA179CA","rank":"normal"}],"P1460":[{"mainsnak":{"snaktype":"value","property":"P1460","hash":"57f7fea50d2ce1b39b695c4a1313582eed405e38","datavalue":{"value":{"entity-type":"item","numeric-id":5976449,"id":"Q5976449"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$2EC6E657-6B78-4B05-909F-352EE269E0D8","rank":"normal"}],"P205":[{"mainsnak":{"snaktype":"value","property":"P205","hash":"65c7c3c25672cb538c4c6a4a36cc384133fe3b9f","datavalue":{"value":"https://doi.org/10.1007/s11424-010-0148-5","type":"string"},"datatype":"url"},"type":"statement","id":"Q601074$8BC95C8B-0CB5-42F6-A56E-88FE10AEAF09","rank":"normal"}],"P388":[{"mainsnak":{"snaktype":"value","property":"P388","hash":"c6b7c674c5835fac6c77c3966b68ed9ba3dce05a","datavalue":{"value":"W2086418723","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$630D3CFD-CD2D-4B60-8119-A988C7639AFD","rank":"normal"}],"P223":[{"mainsnak":{"snaktype":"value","property":"P223","hash":"df17ca23ab5e863f09f1ec35db740e2d4bf8d7b4","datavalue":{"value":{"entity-type":"item","numeric-id":5753867,"id":"Q5753867"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$91F1655B-0F06-4FE3-A417-6E950731B12E","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"599e62b4ad1c4b0544badfd084d6f9b22d599553","datavalue":{"value":{"entity-type":"item","numeric-id":2703816,"id":"Q2703816"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$26C5C09B-B9BB-4D46-AE62-41ADA262F680","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"6a1c801c08325af4636e274f7e126f9c5ffa14ef","datavalue":{"value":{"entity-type":"item","numeric-id":4531296,"id":"Q4531296"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$2E2D212A-B028-4194-BEA7-8F173A46B0C4","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"1351651c9593561941afaf1d167eda9d74af7fa9","datavalue":{"value":{"entity-type":"item","numeric-id":2384778,"id":"Q2384778"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$F3602BEF-EFDD-49B9-B888-45274432AA7D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"744c43baf11b0c3180d1c7e2b93792b91b5da10b","datavalue":{"value":{"entity-type":"item","numeric-id":3043554,"id":"Q3043554"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$22BE397A-8B7E-46EB-9D74-7C2D1049722D","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"01ec6e3dcde0a121b33aaa774c7e7139bb6f4635","datavalue":{"value":{"entity-type":"item","numeric-id":1572879,"id":"Q1572879"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$191A8A8F-0095-4E25-97FF-6877740808E6","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"f060beb63333286a201d7b76ba395c95c8f19faf","datavalue":{"value":{"entity-type":"item","numeric-id":4735120,"id":"Q4735120"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$CCF254FA-7A2F-44AB-AFFD-0B7A995A4FDF","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"ebdfd7dbf89ee37644cf4ea2ed71cd170d085523","datavalue":{"value":{"entity-type":"item","numeric-id":3420231,"id":"Q3420231"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$4BD4F769-59BD-4EAD-8F22-900A152F44A4","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"fed02636aa6396b3359b85379fccd9d1de4ae4d9","datavalue":{"value":{"entity-type":"item","numeric-id":856532,"id":"Q856532"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$D851FA57-1BEB-4D69-B565-154562749AB5","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"16e19dc95e7c78118a52d851ab2b5d932e604daf","datavalue":{"value":{"entity-type":"item","numeric-id":3566988,"id":"Q3566988"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$D27ACED2-33A7-4590-AD25-9A7CC5321E1B","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"b7120262ca983c83648b733bc7b31f178474c0c6","datavalue":{"value":{"entity-type":"item","numeric-id":4506991,"id":"Q4506991"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$13FBA545-ADB0-4843-A447-A16334663C8C","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"8987c3558f7d873cec5273fc3e0797170e8ab2ea","datavalue":{"value":{"entity-type":"item","numeric-id":4086303,"id":"Q4086303"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$10188E46-C96E-43F6-B09C-7AFB504F586A","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"654ee68b9de6d4ee28d4b9bcf0fd2be4824b1b9c","datavalue":{"value":{"entity-type":"item","numeric-id":3911791,"id":"Q3911791"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$ADB9733E-DB74-474B-BBB3-A23146E68DEE","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"aec57f30926c91747778eb754657f836af065918","datavalue":{"value":{"entity-type":"item","numeric-id":5600531,"id":"Q5600531"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$0AB87755-ED2F-4D9B-9360-51910313AED9","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"e4c698a06fc317a9736df1665fc1ebc605865cc9","datavalue":{"value":{"entity-type":"item","numeric-id":4002114,"id":"Q4002114"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$87B426BC-0860-4116-ABFF-3777C46BA9BD","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P223","hash":"6fc00e33334edefcc0b173d405daaa0eeab974f0","datavalue":{"value":{"entity-type":"item","numeric-id":3877536,"id":"Q3877536"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","id":"Q601074$77B2F887-9E97-4262-A1FC-333000D4BCD4","rank":"normal"}],"P27":[{"mainsnak":{"snaktype":"value","property":"P27","hash":"abe0b3e9ae31654b98862d847a6419b85b970f59","datavalue":{"value":"10.1007/S11424-010-0148-5","type":"string"},"datatype":"external-id"},"type":"statement","id":"Q601074$2BE82F66-F162-43C4-94A1-2CDFDEC22356","rank":"normal"}],"P1643":[{"mainsnak":{"snaktype":"value","property":"P1643","hash":"a0c34ff2946c87dcd8aff4aeccc92f3ca30d60b7","datavalue":{"value":{"entity-type":"item","numeric-id":3566988,"id":"Q3566988"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"cb5546a7facb09993955e3995a3135069804002c","datavalue":{"value":{"amount":"+0.8855730891227722","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q601074$9EAA86B5-54BD-49A0-A4B8-D98D226CC589","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"2ebce203e950cb65562b583a10862013f7e98260","datavalue":{"value":{"entity-type":"item","numeric-id":2440656,"id":"Q2440656"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"5891c293bd1434a0d8d575c9a835cb2bef1682b1","datavalue":{"value":{"amount":"+0.8237857222557068","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q601074$7EC52991-AFBD-40FA-8EC9-FB345F104098","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"db46727b121229aaf9b9f2903d8e9a1d49a80d5f","datavalue":{"value":{"entity-type":"item","numeric-id":5097105,"id":"Q5097105"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"291a0d30e3643a9a4eaa13956bece98cd74a6a6b","datavalue":{"value":{"amount":"+0.8100608587265015","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q601074$922B530A-1130-4500-953E-F906958B64E5","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"64a33876d1c05504465e5ae661fb02b9be3482dc","datavalue":{"value":{"entity-type":"item","numeric-id":3043554,"id":"Q3043554"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"fe0f914d1dca46224e493b647c3afd209bf7509d","datavalue":{"value":{"amount":"+0.7961583137512207","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q601074$0B687591-A6B5-4AC9-8FDD-FDFEF2DE9780","rank":"normal"},{"mainsnak":{"snaktype":"value","property":"P1643","hash":"ff0945b7f25d993058c3c086b2f213463de8d8ee","datavalue":{"value":{"entity-type":"item","numeric-id":4785644,"id":"Q4785644"},"type":"wikibase-entityid"},"datatype":"wikibase-item"},"type":"statement","qualifiers":{"P1659":[{"snaktype":"value","property":"P1659","hash":"0f5d9b5b51a55d6468577bf241cef390c27b589b","datavalue":{"value":{"amount":"+0.7950512766838074","unit":"1"},"type":"quantity"},"datatype":"quantity"}],"P1660":[{"snaktype":"value","property":"P1660","hash":"a327a09ea0305e98d5cf33bd4036320e19f2aed0","datavalue":{"value":{"entity-type":"item","numeric-id":6821328,"id":"Q6821328"},"type":"wikibase-entityid"},"datatype":"wikibase-item"}]},"qualifiers-order":["P1659","P1660"],"id":"Q601074$7614EBDD-CFC4-4872-A80A-7B81F6771C06","rank":"normal"}]},"sitelinks":{"mardi":{"site":"mardi","title":"Convergence rates of Markov chain approximation methods for controlled diffusions with stopping","badges":[],"url":"https://portal.mardi4nfdi.de/wiki/Convergence_rates_of_Markov_chain_approximation_methods_for_controlled_diffusions_with_stopping"}}}}}