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Solution to HJB equations with an elliptic integro-differential operator and gradient constraint

The main goal of this paper is to establish existence, regularity and uniqueness results for the solution of a Hamilton-Jacobi-Bellman (HJB) equation, whose operator is an elliptic integro-differential operator. The HJB equation studied in this work arises in singular stochastic control problems where the state process is a controlled $d$-dimensional Lévy process.

preprint2016arXivOpen access
Harold A. Moreno-Franco
math.OC
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Harold A. Moreno-Franco

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