Modeling, Stochastic Control, Optimization, and Applications
This volume collects papers, based on invited talks given at the IMA workshop in Modeling, Stochastic Control, Optimization, and Related Applications, held at the Institute for Mathematics and Its Applications, University of Minnesota, during May and June
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George Yin Qing Zhang Editors
Modeling, Stochastic Control, Optimization, and Applications
The IMA Volumes in Mathematics and its Applications Volume 164
Series editor Daniel Spirn, Institute for Mathematics and its Applications, University of Minnesota, Minneapolis, MN, USA
Institute for Mathematics and its Applications (IMA) The Institute for Mathematics and its Applications (IMA) was established in 1982 as a result of a National Science Foundation competition. The mission of the IMA is to connect scientists, engineers, and mathematicians in order to address scientific and technological challenges in a collaborative, engaging environment, developing transformative, new mathematics and exploring its applications, while training the next generation of researchers and educators. To this end the IMA organizes a wide variety of programs, ranging from short intense workshops in areas of exceptional interest and opportunity to extensive thematic programs lasting nine months. The IMA Volumes are used to disseminate results of these programs to the broader scientific community. The full list of IMA books can be found at the Web site of the Institute for Mathematics and its Applications: http://www.ima.umn.edu/springer/volumes.html. Presentation materials from the IMA talks are available at http://www.ima.umn.edu/talks/. Video library is at http://www.ima.umn.edu/videos/. Daniel Spirn, Director of the IMA
More information about this series at http://www.springer.com/series/811
George Yin Qing Zhang •
Editors
Modeling, Stochastic Control, Optimization, and Applications
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Editors George Yin Department of Mathematics Wayne State University Detroit, MI, USA
Qing Zhang Department of Mathematics University of Georgia Athens, GA, USA
ISSN 0940-6573 ISSN 2198-3224 (electronic) The IMA Volumes in Mathematics and its Applications ISBN 978-3-030-25497-1 ISBN 978-3-030-25498-8 (eBook) https://doi.org/10.1007/978-3-030-25498-8 Mathematics Subject Classification (2010): 60H10, 60H15, 60J60, 60J75, 93E20, 93E03 © Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed
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