mean field game

Friday, May 11, 2018 - 12:00pm - 12:30pm
Minyi Huang (Carleton University)
Mean field game theory has been developed largely following two routes by different researchers. One route, called the direct approach, starts by solving a large-scale game and next derives a set of limiting equations. The second route is to apply mean field approximations and formalize a fixed point problem by obtaining the best response of a representative player. A systematic comparison of the two approaches is generally difficult since in the literature very often each approach is applied under various sufficient conditions.
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