• DocumentCode
    550319
  • Title

    BDSDEs with Markov Chains and applications in Markovian-Switching LQ problems for backward doubly stochastic system

  • Author

    Tao Ran ; Wu Zhen

  • Author_Institution
    Sch. of Math., Shandong Univ., Jinan, China
  • fYear
    2011
  • fDate
    22-24 July 2011
  • Firstpage
    1323
  • Lastpage
    1328
  • Abstract
    In this paper, we introduce a new type of BDSDEs with Markov Chains. We also consider the backward doubly stochastic systems with Markovian-Switching described by the BDSDEs with Markov Chains and obtain the unique optimal control for the stochastic switching LQ problems.
  • Keywords
    Markov processes; differential equations; linear quadratic control; stochastic systems; Markov chains; Markovian-switching LQ problem; backward doubly stochastic system; backward stochastic differential equation; optimal control; stochastic switching LQ problem; Equations; Markov processes; Optimal control; Stochastic systems; Switches; Yttrium; BDSDEs; Markov Chain; Markovian Switching; Stochastic LQ problem;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Control Conference (CCC), 2011 30th Chinese
  • Conference_Location
    Yantai
  • ISSN
    1934-1768
  • Print_ISBN
    978-1-4577-0677-6
  • Electronic_ISBN
    1934-1768
  • Type

    conf

  • Filename
    6000657