A mean field capital accumulation game with HARA utility

DOI10.1007/S13235-013-0092-9zbMath1314.91023OpenAlexW2037743307MaRDI QIDQ2514566

M. Y. Huang

Publication date: 3 February 2015

Published in: Dynamic Games and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s13235-013-0092-9

zbMATH Keywords

Nash equilibriuminvestmentconsumptionmean field approximationstochastic growthexternalityout-of-equilibrium behavior

Mathematics Subject Classification ID

Economic growth models (91B62) Other game-theoretic models (91A40) Stochastic games, stochastic differential games (91A15) Dynamic games (91A25)

Related Items (1)

Mean field games for stochastic growth with relative utility

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• A maximum principle for SDEs of mean-field type
• Some recent aspects of differential game theory
• Construction of Nash equilibria in symmetric stochastic games of capital accumulation.
• Self-enforcing collusion in large dynamic markets
• Discrete time, finite state space mean field games
• Mean field games
• Anonymous sequential games
• Capital accumulation and the optimization of renewable resource models
• Values of mixed games
• A model of optimal growth strategy
• Hedging in incomplete markets with HARA utility
• Continuous stochastic games of capital accumulation with convex transitions
• Distributed control of multi-agent systems with random parameters and a major agent
• Explicit solutions of some linear-quadratic mean field games
• Large population stochastic dynamic games: closed-loop McKean-Vlasov systems and the Nash certainty equivalence principle
• Probabilistic Analysis of Mean-Field Games
• Mean Field Games and Applications
• Large-Population LQG Games Involving a Major Player: The Nash Certainty Equivalence Principle
• Theory of Stochastic Optimal Economic Growth
• Markov Perfect Industry Dynamics With Many Firms
• Public Finance in Models of Economic Growth
• Period Three Implies Chaos
• Linear-Quadratic-Gaussian Mixed Games with Continuum-Parametrized Minor Players
• Asymptotically Optimal Decentralized Control for Large Population Stochastic Multiagent Systems
• Large-Population Cost-Coupled LQG Problems With Nonuniform Agents: Individual-Mass Behavior and Decentralized $\varepsilon$-Nash Equilibria
• Mean Field Games and Mean Field Type Control Theory
• Synchronization of Coupled Oscillators is a Game
• Social Optima in Mean Field LQG Control: Centralized and Decentralized Strategies
• Mean Field for Markov Decision Processes: From Discrete to Continuous Optimization
• Mean Field LQG Control in Leader-Follower Stochastic Multi-Agent Systems: Likelihood Ratio Based Adaptation
• Mean Field Stochastic Adaptive Control
• Low-Cost High-Gain and Broadband Substrate- Integrated-Waveguide-Fed Patch Antenna Array for 60-GHz Band
• Mean Field Games: Numerical Methods
• Dynamic efficiency of conservation of renewable resources under uncertainty.

This page was built for publication: A mean field capital accumulation game with HARA utility