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TESTING February 19, 2026

The mean-field control problem for heterogeneous forward-backward systems

Authors

Andreas Sojmark, Zeng Zhang

Abstract

We study the problem of mean-field control when the state dynamics are given by general systems of forward-backward stochastic differential equations (FBSDEs) with heterogeneous mean-field interactions. Firstly, we introduce a novel methodology for reducing the well-posedness of such systems to that of a single randomized mean-field FBSDE. As a consequence, we show that, in the fully coupled case, smallness conditions yield existence and uniqueness for both the system itself and the associated variational and adjoint systems. Secondly, we derive a stochastic maximum principle and a verification for the mean-field control problem. This provides necessary and sufficient conditions for optimality.

Metadata

arXiv ID: 2602.17879
Provider: ARXIV
Primary Category: math.OC
Published: 2026-02-19
Fetched: 2026-02-23 05:33

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Raw Data (Debug)
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