Control of Conditional Processes and Fleming--Viot Dynamics

Fuente: arXiv
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Main Author: Jettkant, Philipp
Format: Preprint
Published: 2024
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author Jettkant, Philipp
author_facet Jettkant, Philipp
contents We discuss equivalent formulations of the control of conditional processes introduced by Lions. In this problem, a controlled diffusion process is killed once it hits the boundary of a given domain and the controller's reward is computed based on the conditional distribution given the process's survival. So far there is no clarity regarding the relationship between the open- and closed-loop formulation of this nonstandard control problem. We provide a short proof of their equivalence using measurable selection and mimicking arguments. In addition, we link the closed-loop formulation to Fleming--Viot dynamics of McKean--Vlasov type, where upon being killed the diffusion process is reinserted into the domain according to the current law of the process itself. This connection offers a new interpretation of the control problem and opens it up to applications that feature costs caused by reinsertion.
format Preprint
id arxiv_https___arxiv_org_abs_2409_15195
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Control of Conditional Processes and Fleming--Viot Dynamics
Jettkant, Philipp
Probability
We discuss equivalent formulations of the control of conditional processes introduced by Lions. In this problem, a controlled diffusion process is killed once it hits the boundary of a given domain and the controller's reward is computed based on the conditional distribution given the process's survival. So far there is no clarity regarding the relationship between the open- and closed-loop formulation of this nonstandard control problem. We provide a short proof of their equivalence using measurable selection and mimicking arguments. In addition, we link the closed-loop formulation to Fleming--Viot dynamics of McKean--Vlasov type, where upon being killed the diffusion process is reinserted into the domain according to the current law of the process itself. This connection offers a new interpretation of the control problem and opens it up to applications that feature costs caused by reinsertion.
title Control of Conditional Processes and Fleming--Viot Dynamics
topic Probability
url https://arxiv.org/abs/2409.15195