The taxation principle and multi-time Hamilton-Jacobi equations
✍ Scribed by J.C. Rochet
- Publisher
- Elsevier Science
- Year
- 1985
- Tongue
- English
- Weight
- 840 KB
- Volume
- 14
- Category
- Article
- ISSN
- 0304-4068
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
In this paper we consider optimal control of stochastic semilinear equations with Lipschitz continuous drift and cylindrical noise. We show existence and uniqueness Ž . up to an additive constant of solutions to the stationary Hamilton᎐Jacobi equation associated with the cost functional given by the
We establish a unique stable solution to the Hamilton-Jacobi equation x 2 ðÀ1; 1Þ; t 2 ½0; 1Þ with Lipschitz initial condition, where Kðx; tÞ is allowed to be discontinuous in the ðx; tÞ plane along a finite number of (possibly intersecting) curves parameterized by t: We assume that for fixed k;