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- W2898864329 abstract "In this paper, we study the optimal singular controls for stochastic recursive systems, in which the control has two components: the regular control, and the singular control. Under certain assumptions, we establish the dynamic programming principle for this kind of optimal singular controls problem, and prove that the value function is a unique viscosity solution of the corresponding Hamilton-Jacobi-Bellman inequality, in a given class of bounded and continuous functions. At last, an example is given for illustration." @default.
- W2898864329 created "2018-11-09" @default.
- W2898864329 creator A5091267126 @default.
- W2898864329 date "2018-11-03" @default.
- W2898864329 modified "2023-09-25" @default.
- W2898864329 title "Singular Optimal Controls of Stochastic Recursive Systems and Hamilton-Jacobi-Bellman Inequality" @default.
- W2898864329 doi "https://doi.org/10.48550/arxiv.1811.01311" @default.
- W2898864329 hasPublicationYear "2018" @default.
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