Master equation for Cournot mean field games of control with absorption

نویسندگان

چکیده

We establish the existence and uniqueness of a solution to master equation for mean field game controls with absorption. The arises as continuum limit dynamic exhaustible resources modeling Cournot competition between producers. proof relies on an analysis forward-backward system nonlocal Hamilton-Jacobi/Fokker-Planck equations Dirichlet boundary conditions. In particular, we new priori estimates prove that solutions are differentiable respect initial measure.

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ژورنال

عنوان ژورنال: Journal of Differential Equations

سال: 2023

ISSN: ['1090-2732', '0022-0396']

DOI: https://doi.org/10.1016/j.jde.2022.10.031