Bifurcation and Optimal Stochastic Control.
Abstract
Two questions concerning bifuraction theory and optimal stochastic control are considered. First, in a few examples, we give the interpretation of a bifurcation in terms of optimal stochastic control. Next, we introduce the analogue of the lowest eigenvalue for the nonlinear operator associated with the Hamilton-Jacobi-Bellman equations of Optimal Stochastic Control. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1982
- Accession Number
- ADA116215
Entities
People
- Pierre Louis Lions
Organizations
- University of Wisconsin–Madison