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Small noise perturbations of stochastic ergodic control problems

Authors :
Kumar, K. Suresh
Desai, Vikrant
Publication Year :
2024

Abstract

Using small noise limit approach, we study degenerate stochastic ergodic control problems and as a byproduct obtain error bounds for the $\varepsilon$-optimal controls. We also establish tunneling for a special ergodic control problem and give a representation of the ergodic value using the tunneled Markov chain.

Details

Database :
arXiv
Publication Type :
Report
Accession number :
edsarx.2405.00067
Document Type :
Working Paper