Abstract
This article concerns the optimal control of piecewise deterministic processes in the viscosity solutions context. Boundary conditions given in Vermes (1985) are weakened and replaced by boundary conditions in exit-time optimal control problems as given in Barles (1994). It is proved that the value function of piecewise-deterministic process optimal control is the unique viscosity solution of its associated Hamilton-Jacobi-Bellman equation.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
