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Convex Monotone Semigroups and their Generators with Respect to $\Gamma$-Convergence

Author

Listed:
  • Blessing, Jonas

    (Center for Mathematical Economics, Bielefeld University)

  • Denk, Robert

    (Center for Mathematical Economics, Bielefeld University)

  • Kupper, Michael

    (Center for Mathematical Economics, Bielefeld University)

  • Nendel, Max

    (Center for Mathematical Economics, Bielefeld University)

Abstract

We study semigroups of convex monotone operators on spaces of continuous functions and their behaviour with respect to $\Gamma$-convergence. In contrast to the linear theory, the domain of the generator is, in general, not invariant under the semigroup. To overcome this issue, we consider different versions of invariant Lipschitz sets which turn out to be suitable domains for weaker notions of the generator. The so-called $\Gamma$-generator is defined as the time derivative with respect to $\Gamma$-convergence in the space of upper semicontinuous functions. Under suitable assumptions, we show that the $\Gamma$-generator uniquely characterizes the semigroup and is determined by its evaluation at smooth functions. Furthermore, we provide Chernoff approximation results for convex monotone semigroups and show that approximation schemes based on the same infinitesimal behaviour lead to the same semigroup. Our results are applied to semigroups related to stochastic optimal control problems in finite and infinite-dimensional settings as well as Wasserstein perturbations of transition semigroups.

Suggested Citation

  • Blessing, Jonas & Denk, Robert & Kupper, Michael & Nendel, Max, 2022. "Convex Monotone Semigroups and their Generators with Respect to $\Gamma$-Convergence," Center for Mathematical Economics Working Papers 662, Center for Mathematical Economics, Bielefeld University.
  • Handle: RePEc:bie:wpaper:662
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    File URL: https://pub.uni-bielefeld.de/download/2961486/2961487
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    References listed on IDEAS

    as
    1. Giorgio Fabbri & Fausto Gozzi & Andrzej Swiech, 2017. "Stochastic Optimal Control in Infinite Dimensions - Dynamic Programming and HJB Equations," Post-Print hal-01505767, HAL.
    2. Fuhrmann, Sven & Kupper, Michael & Nendel, Max, 2021. "Wasserstein Perturbations of Markovian Transition Semigroups," Center for Mathematical Economics Working Papers 649, Center for Mathematical Economics, Bielefeld University.
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    Cited by:

    1. Blessing, Jonas & Kupper, Michael & Nendel, Max, 2023. "Convergence of Infintesimal Generators and Stability of Convex Montone Semigroups," Center for Mathematical Economics Working Papers 680, Center for Mathematical Economics, Bielefeld University.
    2. Christa Cuchiero & Philipp Schmocker & Josef Teichmann, 2023. "Global universal approximation of functional input maps on weighted spaces," Papers 2306.03303, arXiv.org, revised Feb 2024.

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