First and Second Order Necessary Conditions for Stochastic Optimal Control Problems View Full Text


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Article Info

DATE

2012-06

AUTHORS

J. Frédéric Bonnans, Francisco J. Silva

ABSTRACT

In this work we consider a stochastic optimal control problem with either convex control constraints or finitely many equality and inequality constraints over the final state. Using the variational approach, we are able to obtain first and second order expansions for the state and cost function, around a local minimum. This fact allows us to prove general first order necessary condition and, under a geometrical assumption over the constraint set, second order necessary conditions are also established. We end by giving second order optimality conditions for problems with constraints on expectations of the final state. More... »

PAGES

403-439

References to SciGraph publications

  • 1980. Brownian Motion in NONE
  • 2009-02-24. General necessary conditions for optimal control of stochastic systems in STOCHASTIC SYSTEMS: MODELING, IDENTIFICATION AND OPTIMIZATION, II
  • 2000. Perturbation Analysis of Optimization Problems in NONE
  • 1976. Integral functionals, normal integrands and measurable selections in NONLINEAR OPERATORS AND THE CALCULUS OF VARIATIONS
  • Identifiers

    URI

    http://scigraph.springernature.com/pub.10.1007/s00245-012-9162-4

    DOI

    http://dx.doi.org/10.1007/s00245-012-9162-4

    DIMENSIONS

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