An Optimal Control Problem of Forward-Backward Stochastic Volterra Integral Equations with State Constraints

This paper is devoted to the stochastic optimal control problems for systems governed by forward-backward stochastic Volterra integral equations (FBSVIEs, for short) with state constraints. Using Ekeland's variational principle, we obtain one kind of variational inequalities. Then, by dual meth...

Full description

Saved in:
Bibliographic Details
Main Authors: Qingmeng Wei, Xinling Xiao
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:Abstract and Applied Analysis
Online Access:http://dx.doi.org/10.1155/2014/432718
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849409598108205056
author Qingmeng Wei
Xinling Xiao
author_facet Qingmeng Wei
Xinling Xiao
author_sort Qingmeng Wei
collection DOAJ
description This paper is devoted to the stochastic optimal control problems for systems governed by forward-backward stochastic Volterra integral equations (FBSVIEs, for short) with state constraints. Using Ekeland's variational principle, we obtain one kind of variational inequalities. Then, by dual method, we derive a stochastic maximum principle which gives the necessary conditions for the optimal controls.
format Article
id doaj-art-759bd10967c3473aadca155b12cf23ac
institution Kabale University
issn 1085-3375
1687-0409
language English
publishDate 2014-01-01
publisher Wiley
record_format Article
series Abstract and Applied Analysis
spelling doaj-art-759bd10967c3473aadca155b12cf23ac2025-08-20T03:35:27ZengWileyAbstract and Applied Analysis1085-33751687-04092014-01-01201410.1155/2014/432718432718An Optimal Control Problem of Forward-Backward Stochastic Volterra Integral Equations with State ConstraintsQingmeng Wei0Xinling Xiao1School of Mathematics and Statistics, Northeast Normal University, Changchun 130024, ChinaSchool of Mathematics, Shandong University, Jinan 250100, ChinaThis paper is devoted to the stochastic optimal control problems for systems governed by forward-backward stochastic Volterra integral equations (FBSVIEs, for short) with state constraints. Using Ekeland's variational principle, we obtain one kind of variational inequalities. Then, by dual method, we derive a stochastic maximum principle which gives the necessary conditions for the optimal controls.http://dx.doi.org/10.1155/2014/432718
spellingShingle Qingmeng Wei
Xinling Xiao
An Optimal Control Problem of Forward-Backward Stochastic Volterra Integral Equations with State Constraints
Abstract and Applied Analysis
title An Optimal Control Problem of Forward-Backward Stochastic Volterra Integral Equations with State Constraints
title_full An Optimal Control Problem of Forward-Backward Stochastic Volterra Integral Equations with State Constraints
title_fullStr An Optimal Control Problem of Forward-Backward Stochastic Volterra Integral Equations with State Constraints
title_full_unstemmed An Optimal Control Problem of Forward-Backward Stochastic Volterra Integral Equations with State Constraints
title_short An Optimal Control Problem of Forward-Backward Stochastic Volterra Integral Equations with State Constraints
title_sort optimal control problem of forward backward stochastic volterra integral equations with state constraints
url http://dx.doi.org/10.1155/2014/432718
work_keys_str_mv AT qingmengwei anoptimalcontrolproblemofforwardbackwardstochasticvolterraintegralequationswithstateconstraints
AT xinlingxiao anoptimalcontrolproblemofforwardbackwardstochasticvolterraintegralequationswithstateconstraints
AT qingmengwei optimalcontrolproblemofforwardbackwardstochasticvolterraintegralequationswithstateconstraints
AT xinlingxiao optimalcontrolproblemofforwardbackwardstochasticvolterraintegralequationswithstateconstraints