On near-optimal mean-field stochastic singular controls: necessary and sufficient conditions for near-optimality

DOI10.1007/s10957-013-0361-1zbMath1292.93147arXiv1301.7327MaRDI QIDQ2251570

Mokhtar Hafayed, Syed Abbas

Publication date: 14 July 2014

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1301.7327

zbMATH Keywords

Ekeland's variational principle; generalized gradient; mean-field stochastic differential equations; near-optimal singular stochastic control; necessary and sufficient conditions of near-optimality

Mathematics Subject Classification ID

90C15: Stochastic programming

93C10: Nonlinear systems in control theory

93E20: Optimal stochastic control

60H15: Stochastic partial differential equations (aspects of stochastic analysis)

49K45: Optimality conditions for problems involving randomness

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