New method unlocks optimal control for complex systems in real-world applications.
Researchers have developed a way to solve complex control problems for diffusion processes in specific shapes. By using a special equation, they found a unique solution that helps determine the best control strategy. This method involves a technique called the vanishing discount argument and a clever way of connecting different types of controlled processes. The study shows that there is a way to efficiently handle these types of problems, even in challenging situations with corners and discontinuities.