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Paper detail

Viscosity Solutions to First Order Path-Dependent Hamilton-Jacobi-Bellman Equations in Hilbert Space

In this article, a notion of viscosity solutions is introduced for first order path-dependent Hamilton-Jacobi-Bellman (PHJB) equations associated with optimal control problems for path-dependent evolution equations in Hilbert space. We identify the value functional of optimal control problems as unique viscosity solution to the associated PHJB equations. We also show that our notion of viscosity solutions is consistent with the corresponding notion of classical solutions, and satisfies a stability property.

preprint2020arXivOpen access
Jianjun Zhou
math.OCmath.PR
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Jianjun Zhou

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