On the continuity of stochastic exit time control problems

Erhan Bayraktar, Qingshuo Song, Jie Yang

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

20 Citations (Scopus)

Abstract

We determine a weaker sufficient condition than that of Theorem 5.2.1 in Fleming and Soner (2006) for the continuity of the value functions of stochastic exit time control problems. © Taylor & Francis Group, LLC.
Original languageEnglish
Pages (from-to)48-60
JournalStochastic Analysis and Applications
Volume29
Issue number1
DOIs
Publication statusPublished - Jan 2011

Research Keywords

  • Continuity of the value function
  • Degenerate diffusions
  • Exit time control
  • The cauchy problem on bounded domains
  • Viscosity solutions

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