backward stochastic differential equations 1continuous-time contracts 1dualities 1principal-agent problem 1volatility control 1
From the 1 of 3 linked papers with an AI index.
3 papers
math.OC2026
Forcing and duality-corrected contracts for volatility control
Alessandro Chiusolo, Emma Hubert, Dylan Possamaï +1
The paper studies how to design optimal contracts in continuous‑time principal‑agent models where the agent can control both drift and volatility, introducing a broader class of co…
math.OC2025
Viscosity Solutions for HJB Equations on the Process Space
Jianjun Zhou, Nizar Touzi, Jianfeng Zhang
In this paper we investigate a path dependent optimal control problem on the process space with both drift and volatility controls, with possibly degenerate volatility. The dynamic…
econ.GN2025
A Principal-Agent Model for Optimal Incentives in Renewable Investments
René Aïd, Annika Kemper, Nizar Touzi
We investigate the optimal regulation of energy production in alignment with the long-term goals of the Paris Climate Agreement. We analyze the optimal regulatory incentives to fos…