Continuous Time Finite State Mean Field Games
نویسندگان
چکیده
منابع مشابه
Mean field limit of a continuous time finite state game
Mean field games is a recent area of study introduced by Lions and Lasry in a series of seminal papers in 2006. Mean field games model situations of competition between large number of rational agents that play non-cooperative dynamic games under certain symmetry assumptions. A key step is to develop a mean field model, in a similar way to what is done in statistical physics in order to constru...
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Mean Field Games models, as developed by J.-M. Lasry and P.-L. Lions, describe, roughly speaking, situations with large number of identical agents taking into account in their strategies the mass of the other co-players. Such model gives rise to a coupled system of PDEs, namely a viscous Hamilton-Jacobi equation for the value function of the average player coupled with a Fokker-Planck equation ...
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ژورنال
عنوان ژورنال: Applied Mathematics & Optimization
سال: 2013
ISSN: 0095-4616,1432-0606
DOI: 10.1007/s00245-013-9202-8