q-fin.CP · 2026-06-11 · No. 20
Computational Finance, 2026-06-11.
1 new papers in q-fin.CP. Titles, authors,
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01 — The papers
1 entries-
01
Deterministic Policy Gradient for Learning Equilibrium in Time-Inconsistent Control Problems
Xin Guo, Yijie Huang, Xiang Yu
q-fin.CP · cs.LG · math.OC
In this paper, we develop a continuous-time model-free reinforcement learning algorithm to learn deterministic equilibrium policies in general time-inconsistent control problems. Utilizing the extended Hamilton-Jacobi-Bellman system, we recast the original time-inconsistent problem into an equivalent two-stage problem. In the first stage, for given auxiliary functions, we employ the deterministic policy gradient approach to learn an optimal...
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