Stabilization of Stochastic Dynamic Systems with Markov Parameters and Concentration Point

This paper addresses the problem of optimal stabilization for stochastic dynamical systems characterized by Markov switches and concentration points of jumps, which is a scenario not adequately covered by classical stability conditions. Unlike traditional approaches requiring a strictly positive minimal interval between jumps, we allow jump moments to accumulate at a finite point. Utilizing Lyapunov function methods, we derive sufficient conditions for exponential stability in the mean square and asymptotic stability in probability. We provide explicit constructions of Lyapunov functions adapted to scenarios with jump concentration points and develop conditions under which these functions ensure system stability. For linear stochastic differential equations, the stabilization problem is further simplified to solving a system of Riccati-type matrix equations. This work provides essential theoretical foundations and practical methodologies for stabilizing complex stochastic systems that feature concentration points, expanding the applicability of optimal control theory.

Authors

Institutions

Publication Details

Journal
Mathematics
Published
2025-07-19
DOI
https://doi.org/10.3390/math13142307
Primary Topic
Stochastic processes and financial applications
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Stabilization of Stochastic Dynamic Systems with Markov Parameters and Concentration Point

Petr V. Nazarov, Taras Lukashiv, Igor V. Malyk, Venkata Satagopam
Mathematics
Stochastic processes and financial applications
article

Stabilization of Stochastic Dynamic Systems with Markov Parameters and Concentration Point

Petr V. Nazarov, Taras Lukashiv, Igor V. Malyk, Venkata Satagopam
article en

Abstract

This paper addresses the problem of optimal stabilization for stochastic dynamical systems characterized by Markov switches and concentration points of jumps, which is a scenario not adequately covered by classical stability conditions. Unlike traditional approaches requiring a strictly positive minimal interval between jumps, we allow jump moments to accumulate at a finite point. Utilizing Lyapunov function methods, we derive sufficient conditions for exponential stability in the mean square and asymptotic stability in probability. We provide explicit constructions of Lyapunov functions adapted to scenarios with jump concentration points and develop conditions under which these functions ensure system stability. For linear stochastic differential equations, the stabilization problem is further simplified to solving a system of Riccati-type matrix equations. This work provides essential theoretical foundations and practical methodologies for stabilizing complex stochastic systems that feature concentration points, expanding the applicability of optimal control theory.

MathematicsVol. 13(14)
Yuriy Fedkovych Chernivtsi National University (UA), University of Luxembourg (LU), Luxembourg Institute of Health (LU)
Openalex Percentile: Top 77%
Stochastic processes and financial applications
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.