Optimal Exit Probabilities and Differential Games.
Abstract
The problem is to control the drift of a Markov diffusion process in such a way that the probability that the process exits from a given region D during a given finite time interval is minimum. An asymptotic formula for the minimum exit probability when the process is nearly deterministic is given. This formula involves the lower value of an associated differential game. It is related to a result of Ventsel and Freidlin for nearly deterministic, uncontrolled diffusions. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1980
- Accession Number
- ADA085931
Entities
People
- Chun-ping Tsai
- Wendell Fleming
Organizations
- Brown University