Upper separated multifunctions in deterministic and stochastic optimal control

Abstract Let X be a Banach space while (Y,⪯) a Banach lattice. We consider the class of “upper separated” set-valued functions F : X → 2Y and investigate the problem of the existence of order-convex selections of F. First, we present results on the existence of the Carathéodory-convex type selections of upper separated multifunctions and apply them to investigation of the existence of solutions of differential and stochastic inclusions. We will discuss the applicability of obtained selection results to some deterministic and stochastic optimal control problems.