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Main Authors: Iannucci, Andrea, Crisan, Dan, Cass, Thomas
Format: Preprint
Published: 2024
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Online Access:https://arxiv.org/abs/2411.05488
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author Iannucci, Andrea
Crisan, Dan
Cass, Thomas
author_facet Iannucci, Andrea
Crisan, Dan
Cass, Thomas
contents We use a rough path-based approach to investigate the degeneracy problem in the context of pathwise control. We extend the framework developed in arXiv:1902.05434 to treat admissible controls from a suitable class of Hölder continuous paths and simultaneously to handle a broader class of noise terms. Our approach uses fractional calculus to augment the original control equation, resulting in a system with added fractional dynamics. We adapt the existing analysis of fractional systems from the work of Gomoyunov arXiv:1908.01747, arXiv:2111.14400v1 , arXiv:2109.02451 to this new setting, providing a notion of a rough fractional viscosity solution for fractional systems that involve a noise term of arbitrarily low regularity. In this framework, following the method outlined in arXiv:1902.05434, we derive sufficient conditions to ensure that the control problem remains non-degenerate.
format Preprint
id arxiv_https___arxiv_org_abs_2411_05488
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Pathwise Optimal Control and Rough Fractional Hamilton-Jacobi-Bellman Equations for Rough-Fractional Dynamics
Iannucci, Andrea
Crisan, Dan
Cass, Thomas
Optimization and Control
We use a rough path-based approach to investigate the degeneracy problem in the context of pathwise control. We extend the framework developed in arXiv:1902.05434 to treat admissible controls from a suitable class of Hölder continuous paths and simultaneously to handle a broader class of noise terms. Our approach uses fractional calculus to augment the original control equation, resulting in a system with added fractional dynamics. We adapt the existing analysis of fractional systems from the work of Gomoyunov arXiv:1908.01747, arXiv:2111.14400v1 , arXiv:2109.02451 to this new setting, providing a notion of a rough fractional viscosity solution for fractional systems that involve a noise term of arbitrarily low regularity. In this framework, following the method outlined in arXiv:1902.05434, we derive sufficient conditions to ensure that the control problem remains non-degenerate.
title Pathwise Optimal Control and Rough Fractional Hamilton-Jacobi-Bellman Equations for Rough-Fractional Dynamics
topic Optimization and Control
url https://arxiv.org/abs/2411.05488