Stochastic control is a mathematical framework used to optimise decision-making in systems influenced by randomness, with widespread applications across economics, engineering, and finance. In the ...

The Annals of Applied Probability, Vol. 28, No. 1 (February 2018), pp. 1-34 (34 pages) In this paper, we aim to develop the stochastic control theory of branching diffusion processes where both the ...

The previous framework (left) fails to take into account noises of the brain. The brain state transitions were written as point-to-point, the dynamics as deterministic, and the control cost as the ...