Examples of optimal control for partially observable systems:comparison, classical, and martingale methods

Abstract
The following kind of stochastic control problem is considerd: to minimize independent Wiener processes, X 0 Gaussian random variable independent of observed, with all causal functions u t bounded by unity admissible. By using recent comparison theorems for solutions of stochastic differential equations, it is possible to prove that the physically obvious law: is indeed optimal. The same result is established via the classical and the martingale methods of approach to stochastic control. Various generalizations of the above model are also discussed.

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