Special Session 133: New developments on nonlinear expectations

A control method for solving high-dimensional fully coupled FBSDEs via deep learning
Ying Peng
Shandong University
Peoples Rep of China
Co-Author(s):    Shaolin Ji, Shige Peng, Xichuan Zhang
Abstract:
In this talk, we present a control method for solving a high-dimensional stochastic Hamiltonian system with boundary conditions, which is essentially a Forward Backward Stochastic Differential Equation (FBSDE in short). Different from existing methods, we first formulate a stochastic optimal control problem whose extended Hamiltonian system is exactly the system to be solved. Then two different algorithms to calculate the stochastic optimal control via deep neural networks are designed respectively. Comparing with the Deep FBSDE method, our proposed algorithms demonstrate more stable performance.