Stochastic maximum principle for optimal control problem of non exchangeable mean field systems

Fuente: arXiv
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Main Authors: Kharroubi, Idris, Mekkaoui, Samy, Pham, Huyên
Format: Preprint
Published: 2025
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author Kharroubi, Idris
Mekkaoui, Samy
Pham, Huyên
author_facet Kharroubi, Idris
Mekkaoui, Samy
Pham, Huyên
contents We study the Pontryagin maximum principle by deriving necessary and sufficient conditions for a class of optimal control problems arising in non exchangeable mean field systems, where agents interact through heterogeneous and asymmetric couplings. Our analysis leads to a collection of forward-backward stochastic differential equations (FBSDE) of non exchangeable mean field type. Under suitable assumptions, we establish the solvability of this system. As an illustration, we consider the linear-quadratic case, where the optimal control is characterized by an infinite dimensional system of Riccati equations.
format Preprint
id arxiv_https___arxiv_org_abs_2506_05595
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Stochastic maximum principle for optimal control problem of non exchangeable mean field systems
Kharroubi, Idris
Mekkaoui, Samy
Pham, Huyên
Optimization and Control
Probability
49N80, 60K35, 93E20
We study the Pontryagin maximum principle by deriving necessary and sufficient conditions for a class of optimal control problems arising in non exchangeable mean field systems, where agents interact through heterogeneous and asymmetric couplings. Our analysis leads to a collection of forward-backward stochastic differential equations (FBSDE) of non exchangeable mean field type. Under suitable assumptions, we establish the solvability of this system. As an illustration, we consider the linear-quadratic case, where the optimal control is characterized by an infinite dimensional system of Riccati equations.
title Stochastic maximum principle for optimal control problem of non exchangeable mean field systems
topic Optimization and Control
Probability
49N80, 60K35, 93E20
url https://arxiv.org/abs/2506.05595