In ergodic singular stochastic control problems, a decision-maker can instantaneously adjust the evolution of a state … of multi-dimensional ergodic singular stochastic control problems. These problems involve a linearly controlled one … a connection between multi-dimensional ergodic singular stochastic control and optimal stopping, and to exploit this …

We start with a stochastic control problem where the control process is of finite variation (possibly with jumps) and … progressively measurable processes. Then we reduce the extended problem to a linear–quadratic (LQ) stochastic control problem. Using …