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Remarks on Viscosity Super-Solutions of Quasi-Variational Inequalities

For Hamilton-Jacobi-Bellman (HJB) equations, with the standard definitions of viscosity super-solution and sub-solution, it is known that there is a comparison between any (viscosity) super-solutions and sub-solutions. This should be the same for HJB type quasi-variational inequalities (QVIs) arising from optimal impulse control problems. However, according to a natural adoption of the definition found in Barles 1985, Barles 1985b, the uniqueness of the viscosity solution could be guaranteed, but the comparison between viscosity super- and sub-solutions could not be guaranteed. This paper introduces a modification of the definition for the viscosity super-solution of HJB type QVIs so that the desired comparison theorem will hold.

preprint2021arXivOpen access
Yue ZhouXinwei FengJiongmin Yong
math.APmath.OC
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Yue ZhouXinwei FengJiongmin Yong

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