The Hopf-Lax formula for multiobjective costs with non-constant discount via set optimization

DOI10.1016/J.JMAA.2022.126828MaRDI QIDQ2102111zbMATHOpenAlexFDO

Authors D. Visetti

Publication date 28 November 2022

Published in Journal of Mathematical Analysis and Applications (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/2105.02157

zbMATH Keywords

Hamilton-Jacobi-Bellman equationvalue functionBellman's principleHopf-Lax formuladiscount factormulticriteria calculus of variations

Mathematics Subject Classification ID

Hamilton-Jacobi equations (35F21) Set-valued and variational analysis (49J53)

Abstract: The minimization of a multiobjective Lagrangian with non-constant discount is studied. The problem is embedded into a set-valued framework and a corresponding definition of the value function is given. Bellman's optimality principle and Hopf-Lax formula are derived. The value function is shown to be a solution of a set-valued Hamilton-Jacobi equation.

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Cited in

(2)

• Generalized Lax-Hopf formulas for Cournot maps and Hamilton-Jacobi-McKendrick equations
• The value functions approach and Hopf-Lax formula for multiobjective costs via set optimization

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