A singular control acts through a process of finite variation that increases only on a set of times of Lebesgue measure zero. Reflected Brownian motion on is , with and nondecreasing, increasing only when and respectively: the minimal pushing that keeps in the interval.
Quantitative Finance · Glosarium
Apa itu Singular control, reflected Brownian motion?
Dikenal juga sebagai: singular control · reflected Brownian motion