• DocumentCode
    2887214
  • Title

    Continuous time finite state space mean field games — A variational approach

  • Author

    Gomes, Diogo A.

  • Author_Institution
    Dept. de Mat., Inst. Super. Tenico, Lisbon, Portugal
  • fYear
    2011
  • fDate
    28-30 Sept. 2011
  • Firstpage
    998
  • Lastpage
    1001
  • Abstract
    Mean field games model problems with competition between large numbers of rational agents that play non cooperative dynamic games under certain symmetry assumptions. In this paper we consider a class of mean-field two-state Markov decision problems and present a variational formulation for the corresponding mean field equations.
  • Keywords
    Markov processes; game theory; variational techniques; continuous time mean field games; finite state space mean field games; mean field equation; mean field games model; mean-field two-state Markov decision problems; noncooperative dynamic games; rational agents; symmetry assumption; variational approach; Economics; Equations; Games; Markov processes; Mathematical model; Switches;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Communication, Control, and Computing (Allerton), 2011 49th Annual Allerton Conference on
  • Conference_Location
    Monticello, IL
  • Print_ISBN
    978-1-4577-1817-5
  • Type

    conf

  • DOI
    10.1109/Allerton.2011.6120275
  • Filename
    6120275